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Bay State high for property, vehicle tax bills

Massachusetts has the country’s sixth-highest average residential property tax bill and seventh-highest average vehicle tax bill, according to a new study.

The average single-family residential homeowner paid $3,989 in 2015, according to the consumer website WalletHub. That’s behind only New Jersey, Connecticut, New Hampshire, New York and Illinois.

The Bay State had the fourth-highest average home value, at $333,100.

Alabama had the lowest typical residential property tax bill, at only $543. An average house there is worth only $125,500.

Vehicle taxes, meanwhile, are also high in Massachusetts, WalletHub found. The typical Bay State resident paid $519 in motor vehicle taxes in 2015, behind only those living in South Carolina, Maine, Connecticut, Mississippi, Virginia and Rhode Island.

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Rhode Island residents pay an average of $1,100 on motor vehicle taxes.

The average tax bill was found using a car valued at $23,000, which WalletHub said was the price of the top-selling car last year, a Toyota Camry.

Not every state taxes residents on the cars they drive. In fact, 23 states, including Vermont, plus the District of Columbia, have no motor vehicle taxes.

– Digital Partners -

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