Here Are 10 States With the Most Favorable Property Taxes

west virginia
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7. West Virginia

  • Average House Value in 2022: $126,948
  • Effective Property Tax Rate in 2019: 0.53%
  • Median Household Income in 2019: $48,850
  • Annual Taxes on a Median-Priced Property: $672.82

West Virginia has the lowest housing costs in the US due to its modest home process and low effective property tax rate. In 2021, its overall cost of living as well as its gas tax rate placed the state among the top 10 in the US.

However, West Virginia had a poverty rate of 16% in 2019 — significantly higher than the national average, as was its local and combined state sales tax rate of 7.46% (in 2021).

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