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Depending on where you live,property taxescan be a major budget item or a relatively minor one.
All 50 states and the District of Columbiacharge property taxes to homeownersbased on the value of a property.
Local governments typically impose property taxes on city, county and school district residents.
Hawaii has the lowest, at 0.32%.
In 2023, the average New Jersey property-tax bill topped $9,800,according to New Jersey Spotlight News.
But there are some exceptions that have gone in the other direction.
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