Wisconsin ranked 47th in the nation in a recent WalletHub analysis of which states have the lowest property tax rate.
On average, American households pay nearly $2,300 in property taxes on their homes annually, according to the WalletHub study. Meanwhile, Americans fail to pay more than $14 billion in property taxes annually, according to the National Tax Lien Association.
In Wisconsin, the effective property tax rate was 1.94 percent, meaning that the annual tax bill on a $194,000 home was $3,756, WalletHub reported. The median home value in Wisconsin was estimated at $169,300, and owners of median-value homes paid $3,286 in property taxes annually.
Nationwide as of 2017, the median home value stood at $193,500, according to the study. Property tax rankings of red states tended to be about four points lower than blue states, WalletHub reported.
Which States Have the Lowest Real Estate Property Tax Rates?
| Rank | State | Effective Property Tax Rate | Annual Taxes on $194,000 home | State Median Home Value | Annual Taxes on Home Priced at State Median Value |
| 1 | Hawaii | 0.27% | $525 | $563,900 | $1,529 |
| 2 | Alabama | 0.42% | $817 | $132,100 | $558 |
| 3 | Louisiana | 0.52% | $1,006 | $152,900 | $795 |
| 4 | Colorado | 0.55% | $1,065 | $286,100 | $1,575 |
| 4 | District of Columbia | 0.55% | $1,055 | $537,400 | $2,930 |
| 6 | Delaware | 0.56% | $1,078 | $238,600 | $1,329 |
| 7 | South Carolina | 0.57% | $1,108 | $148,600 | $851 |
| 8 | West Virginia | 0.59% | $1,132 | $111,600 | $653 |
| 9 | Wyoming | 0.61% | $1,186 | $204,900 | $1,256 |
| 10 | Arkansas | 0.63% | $1,213 | $118,500 | $743 |
| 11 | Utah | 0.66% | $1,280 | $238,300 | $1,576 |
| 12 | Nevada | 0.69% | $1,331 | $216,400 | $1,489 |
| 13 | Arizona | 0.72% | $1,400 | $193,200 | $1,398 |
| 14 | Tennessee | 0.74% | $1,429 | $151,700 | $1,120 |
| 15 | Idaho | 0.75% | $1,447 | $176,800 | $1,322 |
| 16 | California | 0.77% | $1,490 | $443,400 | $3,414 |
| 17 | New Mexico | 0.78% | $1,502 | $163,900 | $1,272 |
| 18 | Virginia | 0.80% | $1,550 | $255,800 | $2,049 |
| 18 | Mississippi | 0.80% | $1,556 | $109,300 | $879 |
| 20 | Montana | 0.84% | $1,625 | $209,100 | $1,756 |
| 21 | North Carolina | 0.86% | $1,656 | $161,000 | $1,378 |
| 21 | Kentucky | 0.86% | $1,667 | $130,000 | $1,120 |
| 23 | Indiana | 0.87% | $1,679 | $130,200 | $1,130 |
| 24 | Oklahoma | 0.90% | $1,737 | $125,800 | $1,129 |
| 25 | Georgia | 0.91% | $1,769 | $158,400 | $1,448 |
| 26 | Florida | 0.98% | $1,897 | $178,700 | $1,752 |
| 27 | Missouri | 0.99% | $1,910 | $145,400 | $1,435 |
| 28 | North Dakota | 1.01% | $1,962 | $174,100 | $1,765 |
| 29 | Washington | 1.03% | $1,996 | $286,800 | $2,958 |
| 30 | Oregon | 1.04% | $2,006 | $265,700 | $2,755 |
| 31 | Maryland | 1.10% | $2,126 | $296,500 | $3,257 |
| 32 | Minnesota | 1.15% | $2,225 | $199,700 | $2,296 |
| 33 | Alaska | 1.19% | $2,303 | $261,900 | $3,117 |
| 34 | Massachusetts | 1.22% | $2,365 | $352,600 | $4,309 |
| 35 | South Dakota | 1.32% | $2,550 | $152,700 | $2,012 |
| 36 | Maine | 1.35% | $2,619 | $179,900 | $2,435 |
| 37 | Kansas | 1.40% | $2,713 | $139,200 | $1,952 |
| 38 | Iowa | 1.53% | $2,960 | $137,200 | $2,099 |
| 39 | Ohio | 1.57% | $3,042 | $135,100 | $2,124 |
| 40 | Pennsylvania | 1.58% | $3,054 | $170,500 | $2,691 |
| 41 | Michigan | 1.64% | $3,179 | $136,400 | $2,241 |
| 42 | Rhode Island | 1.66% | $3,206 | $242,200 | $4,013 |
| 43 | New York | 1.68% | $3,246 | $293,000 | $4,915 |
| 44 | Nebraska | 1.80% | $3,485 | $142,400 | $2,565 |
| 45 | Texas | 1.83% | $3,544 | $151,500 | $2,775 |
| 45 | Vermont | 1.83% | $3,544 | $220,600 | $4,040 |
| 47 | Wisconsin | 1.94% | $3,756 | $169,300 | $3,286 |
| 48 | Connecticut | 2.07% | $3,999 | $270,100 | $5,582 |
| 49 | New Hampshire | 2.20% | $4,257 | $244,900 | $5,388 |
| 50 | Illinois | 2.31% | $4,476 | $179,700 | $4,157 |
| 51 | New Jersey | 2.44% | $4,725 | $321,100 | $7,840 |
Source: WalletHub.com; U.S. Census Bureau
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