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.

When it comes to (drum roll please) property taxes, no state is more expensive than the Garden State. The findings, reported recently at usatoday.com, was conducted by the Tax Foundation.

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.