Homeowners in these 20 states have the lowest property tax rates in the US. See how the states rank.

Source: Business Insider

Homeowners in the US pay annual real estate taxes on their properties, varying by state. JazK2/ShutterstockProperty taxes are among the many factors to consider when buying a home in the US. New Jersey has the highest property tax rate, which is nearly eight times the country's lowest.

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Homeowners in these 20 states have the lowest property tax rates in the US. See how the states rank.

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