Property taxes could be a notably sore topic for householders, and a brand new research has revealed Texans are saddled with the seventh-highest property taxes within the nation.
WalletHub’s annual report, “Property Taxes by State,” launched February 17, discovered Texas householders can pay a median of $4,232 in property taxes in 2026. That is primarily based on the state’s median dwelling worth of $283,800.
Final 12 months, Texans have been on the hook for a $4,111 property tax invoice primarily based on a median dwelling worth of $260,400. And Texas residents are anticipated to pay $360 extra on their property taxes this 12 months than in 2024, when the determine was $3,872.
To find out which states have the largest and lowest property tax burdens on residents, WalletHub’s specialists divided every state’s median actual property tax cost by its respective median dwelling worth. The report then used the ensuing charges to extrapolate the annual actual property tax that will be paid on a home valued at $332,700, which was the median worth for a U.S. dwelling as of 2024 (the 12 months the place the newest information was accessible). All 50 states and the District of Columbia have been analyzed.
Texas tied with Nebraska as No. 44 within the nationwide rating of states with the best property tax burdens for residents proper now. Each states have an efficient tax charge of 1.49 p.c, the info mentioned.
Nonetheless, the property tax burden in Texas is not as punishing as New Jersey (No. 51), whose residents are shelling out nearly $9,600 on their property taxes this 12 months primarily based on a median dwelling worth of $454,400. On the alternative finish, Hawaii is the state with the bottom property taxes, with residents spending about $2,239 primarily based on a median dwelling worth of $839,100.
The annual property taxes Texans would pay on a $332,700 dwelling (the 2024 U.S. median dwelling worth) added as much as $4,961, the report mentioned. For added context, the U.S. Census Bureau discovered the common American family pays $3,119 yearly on property taxes.
In fact, property taxes fluctuate by area, and residents dwelling in Bexar County are conversant in enduring tax hikes. San Antonio renters are additionally affected by rising property taxes regardless of not proudly owning their properties, WalletHub mentioned.
“Whereas property taxes could seem irrelevant to the 35 p.c of households that hire, that assumption misses the mark,” the report mentioned. “Whether or not paid instantly or not directly, practically everybody bears the price of property taxes, as they affect rental costs and assist fund state and native governments.”
In accordance with WalltetHub, the highest 10 states with the bottom property taxes for 2026 are:
No. 1 – HawaiiNo. 2 – AlabamaNo. 3 – NevadaNo. 4 – Arizona, Colorado, and South Carolina (tied)No. 7 – IdahoNo. 8 – Delaware and Tennessee (tied)No. 10 – Utah
