As we noticed with the states that have the highest mean property taxes paid, the states with the lowest property taxes in America share some similar characteristics. Whereas the highest-property-tax states have a high concentration of people in a generally small area, these 10 states generally have lower population density and a lot of open land. With land demand still relatively low and plenty of land left for development, the price of land, and therefore property, tends to be relatively inexpensive in these states relative to the rest of the country.
Posted on: Wed, 27 Aug 2014 13:04:41 +0000
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