Property taxes is usually a significantly sore topic for owners, and a brand new examine 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 owners pays 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 yr, Texans had 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 yr than in 2024, when the determine was $3,872.
To find out which states have the most important and lowest property tax burdens on residents, WalletHub’s specialists divided every state’s median actual property tax fee by its respective median dwelling value. The report then used the ensuing charges to extrapolate the annual actual property tax that might be paid on a home valued at $332,700, which was the median worth for a U.S. dwelling as of 2024 (the yr the place the newest knowledge was accessible). All 50 states and the District of Columbia had 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 %, the info stated.
Nonetheless, the property tax burden in Texas is not as punishing as New Jersey (No. 51), whose residents are shelling out virtually $9,600 on their property taxes this yr primarily based on a median dwelling worth of $454,400. On the other 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 stated. For added context, the U.S. Census Bureau discovered the typical American family pays $3,119 yearly on property taxes.
In fact, property taxes fluctuate by area, and residents residing 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 stated.
“Whereas property taxes could seem irrelevant to the 35 % of households that lease, that assumption misses the mark,” the report stated. “Whether or not paid straight 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
