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Here’s how Massachusetts property taxes stack up against other states

News Boston
Personal finance site WalletHub looked at the annual taxes for homes priced at the state median.
Personal finance site WalletHub looked at the annual taxes for homes priced at the state median. Essdras M Suarez / Globe Staff

The average property tax bill in Massachusetts for a single-family home is $5,438, increasing from last year’s $5,232 average, The Boston Globe reported in January. But this number includes the state’s largest and most expensive homes – most homeowners pay a lot less.

Personal finance site WalletHub looked at the annual taxes for homes priced at the state median and found that Massachusetts came in around the middle of the pack, ranking No. 31 for least expensive property taxes.

For a median priced home in the Bay State, at $329,900, the annual taxes are $3,896. The average American household spends $2,127 on property taxes each year.

Municipalities use property taxes to help fund things like education, transportation, libraries, parks and recreation, and emergency services. They differ from town to town. Each year the tax is reevaluated based on how much the local community needs.

Averaged across all its towns, the Massachusetts property tax rate is 1.18 percent, WalletHub found.

Though Massachusetts ranked near the middle for real estate property taxes, its ranking was much lower for vehicle property taxes.

Massachusetts ranked as the No. 44 state in terms of cheap vehicle property tax at 2.25 percent. The annual tax on a $23,000 car (the price of a 2016 Toyota Camry LE four-door sedan, the highest-selling car of 2015) is $519.