The Keystone State has a bad reputation with taxes as it is, but the average property tax rate for the state is at an all-time high
Michigan’s flat rate for state income tax sits at 4.25%, which is higher than what you will find for most middle-class families nationwide.
The state income tax range sits at 3% and will range to about 6.99% depending on your income.
New Jersey has the highest property tax in the U.S.; a $300,000 home would total a whopping $6,771.
Not only are local tax rates high, but the property taxes are above average. With a home costing $300,000, you would pay about $3,990 annually.
The Oil Line State does not treat middle-class families well when it comes to the state and local income tax.
The lousy history of Illinois’ taxes starts with the extremely high sales tax, with 6.25% on all purchases in the Land of Lincoln.
The average property tax on a $300,000 home would be about $4,860 a year, which is the sixth-highest property tax rate in the country for a home at that value.