A recent ranking found Massachusetts to be among the least competitive property-tax states, one component of the nonprofit Tax Foundation’s 2022 State Business Tax Climate Index.
The index’s property-tax component evaluates state and local taxes on real and personal property, net worth, and asset transfers. It accounts for 14.4% of each state’s overall Index score.
In Massachusetts, property taxes account for a big share of tax revenue. A map created by the Tax Foundation, a group that favors tax policies that create economic growth, shows just where the state stands.