--- title: See Which States Just Voted to Lower Property Taxes description: People in states like Georgia and New Mexico voted to lower property taxes, while an initiative to eliminate them in North Dakota failed. authors: - name: Pete Grieve role: Lead News Reporter url: https://money.com/author/pete-grieve/ bio: Pete Grieve is a personal finance reporter. In his time at Money, Pete has covered everything from car buying to credit cards to the housing market. education: University of Chicago, BA Political Science at_money_since: 2022 articles: 602 covers: - Taxes - Banking - Business - Career Advice - Credit - Credit Cards - Debt - Economy and Politics - Education - Health and Wellness - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Professional Services - Retirement - Shopping social: - https://twitter.com/pete_grieve - https://linkedin.com/in/pete-grieve-b5aa02138 - https://www.facebook.com/petegrieve4 published: '2024-11-06T20:10:14.000Z' modified: '2024-11-06T20:10:14.000Z' section: Taxes tags: - News word_count: 443 canonical: https://money.com/property-taxes-state-vote-results/ type: NewsArticle source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Map of North Dakota with the outline of a house and a push pin.](https://img.money.com/2024/11/News-State-Property-Tax.jpg) Voters in North Dakota weighed in on a ballot measure to fully eliminate property taxes in what was called the "most radical" property tax ballot measure in Tuesday's election — but despite the temptations of a tax break, they decided against it. Eliminating [property taxes](https://money.com/lowest-property-taxes-by-county-2024/) could have crippled the state government budget; it would have cost an estimated $1.3 billion per year. But North Dakotans rejected that path, [voting](https://results.sos.nd.gov/resultsSW.aspx?text=BQ&type=SW&map=CTY) 63% to 37% to defeat the ballot measure. In a pre-election [report](https://www.realtor.com/news/trends/election-homeowners-ballot-measures-property-taxes/), Realtor.com wrote that the proposal would've made North Dakota "the first state in the nation without any property taxes, raising questions about how key services and infrastructure that benefit homeowners would continue to be funded there." The North Dakota [property tax rate](https://taxfoundation.org/location/north-dakota/page/2/) is 0.97% on average and [costs](https://www.rocketmortgage.com/learn/property-taxes-by-state) the typical homeowner about $2,700 per year. Property taxes may be a burden for homeowners, but they provide revenue for schools, public safety and other necessary government programs. States have to pay for those things somehow, and ending property taxes would likely have required the state to offset lost tax dollars by collecting higher sales or income taxes, according to Realtor.com. Beyond North Dakota, people in a handful of other states voted on measures to lower, but not eliminate, [property taxes](https://money.com/property-taxes-too-high-lower-bill/). Florida voters passed Amendment 5, which adds an inflation adjustment that will expand a key exemption known as the homestead tax exemption. It reduces how much of a [home’s value](https://money.com/record-high-home-equity/) will be taxed. The change won support from about 66% of voters and will take effect on Jan. 1. Georgia, likewise, passed an amendment to expand its homestead exemption. The goal was "to limit increases in the assessed value of homesteads," per the ballot question, which would give relief to owners paying higher taxes following recent increases in home values. The amendment had 63% support as of Wednesday afternoon. Colorado and New Mexico residents voted to expand property tax breaks for disabled veterans. Meanwhile, votes are still being counted in Arizona on a proposition that would offer property tax refunds to homeowners if public nuisance laws aren't enforced. The proposition was put forward in response to rising homelessness. Lastly, a majority of Illinois voters have voted in support of a non-binding advisory question about creating a ”millionaire tax.” The plan would increase taxes for people who make seven-digit incomes, and the funds would go to property tax relief. But state officials would need to amend the Illinois constitution to advance it. ## Buy your new home with more convenience and less hassle ### A Mortgage Expert at Rocket Mortgage (NMLS #3030) can lend you a hand for a smoother process. Your dream home is possible. Click below to make it happen. [View Rates](https://money.com/pr/u918d32af718?ap_referrer=%2Fproperty-taxes-state-vote-results%2F) ![](https://s3.consumersadvocate.org/prd/image/image/26681/medium_57f09f10-efb8-487d-a73e-5f7d605144eb.png) Imagine finally owning your dream home — Rocket Mortgage (NMLS #3030) can help! [View Rates](https://money.com/pr/t39f99e0e0ab?ap_referrer=%2Fproperty-taxes-state-vote-results%2F) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/property-taxes-state-vote-results/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Taxes", "item": "https://money.com/taxes/" }, { "@type": "ListItem", "position": 3, "name": "Property Tax", "item": "https://money.com/property-tax/" }, { "@type": "ListItem", "position": 4, "name": "See Which States Just Voted to Lower Property Taxes" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/property-taxes-state-vote-results/#webpage", "url": "https://money.com/property-taxes-state-vote-results/", "name": "See Which States Just Voted to Lower Property Taxes", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2024-11-06T20:10:14.000Z", "mainEntity": { "@id": "https://money.com/property-taxes-state-vote-results/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/property-taxes-state-vote-results/#breadcrumb" }, "dateModified": "2024-11-06T20:10:14.000Z" }, { "@type": "NewsArticle", "headline": "See Which States Just Voted to Lower Property Taxes", "articleSection": "Taxes", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2024/11/News-State-Property-Tax.jpg", "width": 2880, "height": 1920, "caption": "News-State-Property-Tax" } ], "author": [ { "@type": "Person", "name": "Pete Grieve", "url": "https://money.com/author/pete-grieve/", "@id": "https://money.com/author/pete-grieve/#author", "description": "Pete Grieve is a personal finance reporter. 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