|
What are the property taxes in Delaware compared to other states? |
|
|
|
|
Wednesday, 12 May 2004 |
|
Delaware's property taxes are among the lowest of any state, ranking 43rd in the nation. The following table describes average effective tax rates for existing single family homes with FHA-insured mortgages as a percentage of market value. The data compiled below indicates that owners of a Delaware property with a market value of $100,000 would pay a rate of .68% or $680, however the rate for 1997is .445 cents per $100. | State | 1987 | 1986 | 1985 | 1984 | | DELAWARE | 0.68% | 0.73% | 0.65% | 0.71% | | Pennsylvania | 1.40 | 1.37 | 1.41 | 1.53 | | New York | 2.07 | 2.22 | 2.38 | 2.80 | | Maryland | 1.22 | 1.30 | 1.30 | 1.26 | | New Jersey | 2.38 | 2.33 | 2.47 | 2.62 | | U.S. Average | 1.15 | 1.16 | 1.21 | 1.23 |
|
|
Last Updated ( Saturday, 25 March 2006 )
|