Report: Wisconsin has one of worst real-estate property tax in US

Wisconsin still has one of the highest real-estate property tax rank in the state, according to a new study by WalletHub.
Each year, the average American household spends $2,149 on real-estate property taxes plus another $402 for residents of the 27 states with vehicle property taxes. With such high costs, it’s no surprise that about $11.8 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 released its 2017 Property Taxes by State report, which compares home and vehicle taxes across the nation and features insights from a panel of experts.
According to their report, Wisconsin ranks as the 47th highest real-estate property tax in the country, but it's vehicle tax ranks as the lowest in the country.
 
The report also notes Wisconsin averages are:
  • Real-Estate Tax on Median State Home Value: $3,248
  • Real-Estate Tax on Median U.S. Home Value: $3,499
  • Vehicle Property Tax on Best-Selling Car: $0.00

For the full report, click here.

Source: WalletHub

Rankings-2010---2015-Real-Estate-Tax_-States

Source: WalletHub
 
 
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