Property Taxes on a $400,000 Home: Compare All 50 States

Put the same $400,000 home value into a comparison of all 50 states and the annual property-tax illustrations range from $1,232 to $7,172. That spread makes a useful starting point for understanding the national picture.

It does not tell you what a particular homeowner owes. FairPath’s new Property Taxes by State comparison lets you change the home value, sort the results, and find available state and county guides—all on one page.

These are illustrative amounts, not individual tax bills. The underlying data is from 2024; the source analysis was published February 9, 2026. One home value, different state averages Here are six examples using the published effective rates and a $400,000 home value: Illinois: 1.793% → $7,172 per year New Jersey: 1.675% → $6,700 per year Texas: 1.245% → $4,980 per year Florida: 0.760% → $3,040 per year California: 0.693% → $2,772 per year Hawaii: 0.308% → $1,232 per year The national effective rate in the same analysis is 0.888%, which produces a $3,552 illustration.

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