New Jersey Ranks #1 But You Won’t Like It
It seems that whenever New Jersey ranks #1 in anything, it's never good news, and this #1 ranking is no exception, and no surprise.
Based on their formula, New Jersey topped the nation in property taxes, with a median property tax paid coming in at just over $6,500. New York did not make the top 10, and the state that ranked just behind us at #2 was New Hampshire.
By the way, tax freedom day comes a little later for us this year as well. That will arrive on May 13th.