Each year, the average American household spends $2,279 on real-estate property taxes plus another $440 for residents of the 27 states with vehicle property taxes. With such high costs, it’s no surprise that more than $14 billion in property taxes go unpaid each year, according to the National Tax Lien Association.

In order to determine who pays the most relative to their state, the personal-finance website WalletHub today released its 2019 Property Taxes by State , which compares home and vehicle taxes across the nation and features insights from a panel of experts.

Property Taxes in Rhode Island (1st=Lowest; 25th=Avg.):

  • Real Estate Property Tax Rank: 42nd
  • Vehicle Property Tax Rank: 51st
  • Real Estate Tax on Median State Home Value: $4,013
  • Real Estate Tax on Median U.S. Home Value: $3,206
  • Vehicle Property Tax on Best-Selling Car: $1,070.48
Source: WalletHub

For the full report, visit:
https://wallethub.com/edu/states-with-the-highest-and-lowest-property-taxes/11585/

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Ryan Belmore is the Owner & Publisher of What's Up Newp, LLC. Belmore has led What's Up Newp since December 2012. Belmore also serves as the Sr. Editor - North America for Mountain News - publisher of OnTheSnow. In his spare time, Belmore serves as the Vice President for the Board of Directors at Fort Adams Trust and serves on the Board of Directors at Lucy's Hearth. Belmore is also a member and supporter of Local Independent Online News (LION) Publishers. Send questions, tips, and story ideas to Ryan@whatsupnewp.com.