Texas ranks 5th highest for dependence on property taxes

Texas finished fifth in a Tax Foundation ranking of states that rely the most on property taxes as a share of state and local taxes.

The percentage for property tax reliance in Texas is 43.8 percent, according to the foundation.

Property taxes in the U.S. as a whole made up 31.5 percent of the total state and local tax revenues collected in fiscal-year 2016, according to the Tax Foundation.

Property taxes made up the largest share of state tax revenues in 26 states, according to the study.

States that generate lower levels of property tax revenues rely more heavily on sales taxes, business taxes, excise taxes and other levies, according to the Tax Foundation.

State Reliance on Property Tax Revenues

Rank State Property Tax as a % of State and Local Taxes
1 New Hampshire 64.7%
2 Alaska 53.7%
3 New Jersey 46.6%
4 Vermont 43.9%
5 Texas 43.8%
6 Rhode Island 43.4%
7 Wyoming 43.2%
8 Connecticut 40.5%
9 Maine 40.4%
10 Montana 39.7%
11 Nebraska 37.5%
12 Illinois 37.5%
13 Massachusetts 36.4%
14 Florida 36.3%
15 South Dakota 35.4%
16 Michigan 34.6%
17 Wisconsin 34.1%
18 Virginia 33.9%
19 South Carolina 33.9%
20 Kansas 33.1%
21 Iowa 32.4%
22 Oregon 32.0%
23 Georgia 31.7%
24 New York 31.1%
25 Colorado 30.8%
26 Arizona 29.6%
27 Pennsylvania 29.2%
28 Washington 28.4%
29 Ohio 28.3%
30 Mississippi 27.4%
31 Utah 27.2%
32 Idaho 26.9%
33 Missouri 26.4%
34 Minnesota 25.7%
35 Maryland 25.7%
36 California 25.7%
37 Tennessee 25.2%
38 Indiana 25.0%
39 North Carolina 24.9%
40 West Virginia 23.4%
41 Nevada 23.3%
42 Louisiana 22.8%
43 Kentucky 20.3%
44 Oklahoma 20.2%
45 New Mexico 19.7%
46 North Dakota 19.6%
47 Delaware 18.1%
48 Arkansas 18.0%
49 Hawaii 17.6%
50 Alabama 17.1%

Source: Tax Foundation

This article was first published by The Center Square.

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