K-12 Tax & Spending Climate: Highest & Lowest States for Property Taxes: Dane County, WI (Madison) is ranked 53rd as a % of Income



AOL Real Estate:

Hoping for lower property taxes? Head south. A 2009 Tax Foundation ranking shows that the 10 states with the lowest property taxes are all in the South. The homeowners there pay, on average, less than $1,000 a year in property taxes, while those in the East can pay more than six times as much.
A Tax Foundation map of states (pictured) shows 16 states, highlighted in blue, where residents pay in property taxes 1.2% or greater of their home’s value. The 19 white states fall between 0.65% and 1.20%, while the 15 yellow states pay the least.a