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Property Taxes News: State’s effective property tax rate bests US average

Washington’s effective property tax rate in 2014 was lower than the national average, according to a study released Tuesday by RealtyTrak, a California-based housing research firm.

Washington’s average effective tax rate in 2014 was 1.06 percent, compared to a national average of 1.29 percent, RealtyTrak said.

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Summary of the Article

States with the highest effective property tax rates were New York, at 3.01 … 2.15 percent; Connecticut, 2.11 percent; and New Jersey, 2.01 percent.

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Article

Washington’s effective property tax rate in 2014 was lower than the national average, according to a study released Tuesday by RealtyTrak, a California-based housing research firm.

Washington’s average effective tax rate in 2014 was 1.06 percent, compared to a national average of 1.29 percent, RealtyTrak said. Oregon’s rate was 1.18 percent.

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first published: 2015-03-03 14:03:45[otw_is sidebar=otw-sidebar-2][otw_is sidebar=otw-sidebar-11][otw_is sidebar=otw-sidebar-3][otw_is sidebar=otw-sidebar-5]