Here Are 10 States With the Most Favorable Property Taxes

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3. Louisiana

  • Average House Value in 2022: $203,222
  • Effective Property Tax Rate in 2019: 0.51%
  • Median Household Income in 2019: $51,073
  • Annual Taxes on a Median-Priced Property: $1,036.43

Louisiana is another state on this list that has both low house prices and property tax rates that are significantly lower than the national average.

In 2021, Louisiana’s gas tax was 20 cents a gallon, one of the lowest in the whole country. Also, even if its cost of living wasn’t the lowest, it was still above the average of the other 34 states and the District of Columbia.

As is the case with Alabama, Louisiana’s overall affordability is offset by its pretty high poverty rate of 19%.

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