Texas has seventh highest real estate property tax nationally

​​​​​WASHINGTON – ​Texas has the seventh highest real estate property taxes nationally, according to a WalletHub study.

The Lone Star State’s effective real estate tax rate is 1.81 percent. Annual taxes on the state median home value ($161,700) is $2,621. 

On a $205,000 home, a Texas homeowner would pay $3,703 in property taxes yearly​​. 

New Jersey has the highest effective real estate tax rate at 2.47 percent. Hawaii has the lowest at 0.27 percent. 

WalletHub compared the 50 states and the District of Columbia by using U.S. Census Bureau data to determine real estate property tax rates.

The Real Estate Center has more information on housing:​

• "2020 Texas Housing & Economic Outlook"
• Texas Housing Insight
• Home Price Index
• ​Housing Affordability Data​​
• "States of Housing: Does Texas Still Have the Edge?"​

Source: WalletHub​