Property taxes in Washington provide 28% of all state and local tax collections here, ranking the state 29th in property tax reliance, according to the Tax Foundation.
Tax Foundation analyst Janelle Cammenga writes,
Property taxes represent a major source of revenue for states and the largest source of tax revenue for localities. In fiscal year 2017, the most recent data available, property taxes were such a significant source of local revenue that they accounted for 72.1 percent of local tax collections nationwide and 31.9 percent of total U.S. state and local tax collections, a greater portion than any other source of tax revenue. In that same year, 26 states and the District of Columbia collected the greatest share of their combined state and local tax revenue from property taxes… with property taxes the largest share of local revenue in all but two states (Arkansas and Louisiana).
The variation among the states is considerable.
New Hampshire and Alaska relied most heavily on property taxes, which respectively accounted for 67.6 percent and 51.8 percent of their tax collections in FY 2017. Alabama and Arkansas landed at the other end of the spectrum, raising the smallest portion of their state and local tax revenue through property taxes: 17.3 percent and 18.5 percent, respectively.
Property taxes, while always a sensitive topic in political discussions, are a highly stable revenue source for state and local governments.