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Another Reason To Buy A Home In Arizona

By
Real Estate Agent with HomeSmart
Ok. The weather is absolutely marvelous here 6-7 months a year & pretty darn nice another 3-4 months. Sure, we do have a couple of months that are (well, I'll just say Darn hot!) Pretty much 9 months a year are pretty nice but WOW, 6-7 months of pretty Sweet weather to do just about anything you like. But then again, most of you already know this about Arizona.
But, did you know Arizona is one of the lowest taxed property states in the country? If you're somewhere on the East coast like New Jersey, this is a huge deal. Take a look below at the tax rates by state and give yourself another reason to buy a home in Arizona. 

Median Property Tax Rates By State
 
Ranked highest to lowest by median property tax as percentage of home value [1]
1.)New Jersey 1.89% 2.) New Hampshire 1.86% 3.)Texas 1.81% 4.)Nebraska 1.76% 5.)Wisconsin 1.76% 6.)Illinois 1.73%
7.)Connecticut 1.63% 8.)Michigan 1.62% 9.)Vermont 1.59% 10.)North Dakota 1.42% 11.)Ohio 1.36% 12.)Rhode Island 
1.35% 13.) Pennsylvania 1.35% 14.)Iowa 1.29% 15.)Kansas 1.29% 16.)South Dakota 1.28% 17.)New York 1.23%
18.)Maine 1.09% 19.)Minnesota 1.05% 20.)Massachusetts 1.04% 21.)Alaska 1.04% 22.)Florida 0.97% 
23.)Washington 0.92% 24.) Missouri 0.91% 25.)Maryland 0.87% 26.) Oregon 0.87% 27.) Indiana 0.85% 28.)
Nevada 0.84% 29.)Georgia 0.83% 30.)Montana 0.83% 31.)North Carolina 0.78%  32.)California 0.74% 33.)Oklahoma 0.74% 34.)Virginia 0.74% 35.) Arizona 0.72% 36.)Kentucky 0.72% 37.)Idaho 0.69% 38.)Tennessee 0.68% 39.)Colorado 0.6% 40.)Utah 0.6% 41.)Wyoming0.58% 42.)New Mexico 0.55% 43.)Mississippi 0.52% 44.)Arkansas 0.52% 45.)South Carolina 0.5% 46.)West Virginia 0.49% 47.)District of Columbia 0.46% 48.)Delaware 0.43% 49.)Alabama 0.33% 50.)Hawaii 0.26% 51.)Louisiana 0.18%
 Bruce Parham             Solutions Real Estate     602.418.4876     www.greatscottsdalehomes.com

1 Median property tax rates displayed as a percentage of property value. 
2 Data sources: The US Census Bureau, The Tax Foundation, and Tax-Rates.org. Most recent property tax surveys available are from 2009.
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