Depending on where you live, property taxes can be a small inconvenience or a major burden. The average American household spends $2,375 on property taxes for their homes each year, according to the U.S. Census Bureau, and residents of the 27 states with vehicle property taxes shell out another $441. The Low & Moderate Income Homeowners Property Tax Relief program was designed to lessen the economic burden of the State Education Property Tax on certain at-risk taxpayers. An eligible applicant for the Low and Moderate Income Homeowners Property Tax Relief is a person who is: Single with adjusted gross income equal to or less than $20,000; or