Monday, September 26, 2011

Data on property taxes

Over at the Tax Foundation (see here) they have a very interesting map of the growth of property taxes by state (see below, click to enlarge).


Nick Kasprak of the Tax Foundation says,

Today's Monday Map looks at the growth of property taxes between 2009 and 2010. The basic metric we use to judge property tax levels is the median real estate tax divided by the median home value. This figure more than doubled in Louisiana, rising over 140% (though it should be said that Louisiana still ranked lowest overall in 2009, and only jumped to 3rd lowest for 2010.) North Dakota and Indiana are the only two states that saw a decrease.

I need to think about this measure some (median real estate tax divided by median home value).  As you can see, using this metric Mississippi had the second highest percentage increase from 2009 to 2010.

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