Property Taxes on a $400,000 Home: Compare All 50 States
Explore property taxes across all 50 states using one home value. See how FairPath’s comparison works—and what state averages can and cannot tell you.
Put the same $400,000 home value into a comparison of all 50 states and the annual property-tax illustrations range from $1,232 to $7,172. That spread makes a useful starting point for understanding the national picture. It does not tell you what a particular homeowner owes.
FairPath’s new Property Taxes by State comparison lets you change the home value, sort the results, and find available state and county guides—all on one page.
These are illustrative amounts, not individual tax bills. The underlying data is from 2024; the source analysis was published February 9, 2026.
One home value, different state averages
Here are six examples using the published effective rates and a $400,000 home value:
- Illinois: 1.793% → $7,172 per year
- New Jersey: 1.675% → $6,700 per year
- Texas: 1.245% → $4,980 per year
- Florida: 0.760% → $3,040 per year
- California: 0.693% → $2,772 per year
- Hawaii: 0.308% → $1,232 per year
The national effective rate in the same analysis is 0.888%, which produces a $3,552 illustration. These figures come from Construction Coverage’s analysis of the 2024 American Community Survey.
What an effective rate measures
The source divides total annual real-estate taxes paid by total owner-occupied housing value. This describes a group of homes. It is not a local statutory tax rate or a median homeowner’s bill.
FairPath preserves the source’s three-decimal percentage precision, multiplies it by the value you enter, and rounds the final dollar amount. For example, $400,000 × 1.793% = $7,172. We do not first round the rate to 1.79%.
Try a different value
The comparison opens at $400,000. To explore another illustration:
- Edit the home value. Every state’s annual amount and the national illustration update together.
- Sort the table. Select State, Rate, or Per year to change the order; select the heading again to reverse it.
- Explore local guides. Linked state names take you to available guides below the table. Open a state guide or expand its list of county guides.
You can use the tool without entering an address. It compares the same value everywhere, making the effect of the different published rates easy to see. The input is a comparison value; it does not change a property record or create an assessment estimate.
A state comparison cannot establish an incorrect assessment
Your individual bill depends on local rates, exemptions, and assessment rules. Being above a statewide illustration does not, by itself, establish that a property is overassessed.
The national table and a property-specific review answer different questions. The table shows how aggregate rates compare. A property review examines the available records and evidence associated with one home. The comparison tool does not turn the difference between your bill and a state illustration into a savings claim.
For the next layer of context, the tool links to FairPath’s published state and county guides. Those guides identify the public sources behind their local information. Their availability is separate from the records and document-preparation support available for a particular address.
Explore the national picture
Compare all 50 states with your own home-value example. The source, methodology, and data year remain visible beside the tool so you can see what the figures describe.
Source: Construction Coverage, “Where Are U.S. Property Taxes Highest and Lowest? A State, County, and City Analysis,” published February 9, 2026, using 2024 U.S. Census Bureau American Community Survey data. Rates and calculations checked September 12, 2026.
