shape
carat
color
clarity

how expensive is the property tax in your area?

Discussion in 'Hangout' started by Dancing Fire, Nov 19, 2008.

Thread Status:
Not open for further replies. Please create a new topic or request for this thread to be opened.
  1. Dancing Fire
    Super_Ideal_Rock

    Messages:
    29,730
    Joined:
    Apr 3, 2004
    


    


  2. Clairitek
    Ideal_Rock

    Messages:
    4,881
    Joined:
    Jul 21, 2008
    by Clairitek » Nov 19, 2008
    I pay a shade under $5K and my house is worth less than $200K. The school system here is supposed to be great. I don''t have kids yet so I wouldn''t know but I hope it truly is considering how much I''m paying for it right now!
    I pay more taxes than my parents do and their house is easily worth 3 times what mine is. [​IMG]

    Ah the joys of being a homeowner in PA. [​IMG]
     
  3. that_someone_special
    Ideal_Rock

    Messages:
    5,383
    Joined:
    Mar 23, 2008
    by that_someone_special » Nov 19, 2008
    My bf''s condo is about $250,000 and is around $3400 in taxes.
    My parents is $375,000 and $4500. -which is going up, again, because of the school referendum that passed, but our community is in the top 25 places to raise kids. Blue ribbon schools.
     
  4. strmrdr
    Super_Ideal_Rock

    Messages:
    23,295
    Joined:
    Nov 1, 2003
    by strmrdr » Nov 19, 2008
    3330 on 100k
    6660 on 200k

    Mean property tax bill is a hair under 3000
     
    


    


  5. Clairitek
    Ideal_Rock

    Messages:
    4,881
    Joined:
    Jul 21, 2008
    by Clairitek » Nov 19, 2008
    Holy moly! I thought I had it bad! I''ll stop the self pity parade right now!
     
  6. isaku5
    Ideal_Rock

    Messages:
    3,296
    Joined:
    Aug 15, 2005
    by isaku5 » Nov 19, 2008
    Our property is worth ~$400,00, and taxes for 2008 were $4300. The taxes here reflect the fact the we have little in the way of industry.

    While the actual property would be worth much more in Toronto, our taxes would be much less.
     
  7. Tacori E-ring
    Super_Ideal_Rock

    Messages:
    19,995
    Joined:
    Aug 15, 2005
    by Tacori E-ring » Nov 19, 2008
    Less than yours [​IMG]
     
  8. strmrdr
    Super_Ideal_Rock

    Messages:
    23,295
    Joined:
    Nov 1, 2003
    by strmrdr » Nov 19, 2008
    yea, its 90% school tax the federal lawsuit raised it a ton and the schools still stink.
    Go 15 miles any direction and the taxes are about 1/2 that.
     
  9. butterfly 17
    Ideal_Rock

    Messages:
    2,681
    Joined:
    Aug 17, 2005
    by butterfly 17 » Nov 19, 2008
    The past two years it was $432 a year. I think it went up to around $1200 this year.

    My home is tax abated for the first 8 years, so my taxes will go up in increments every year. One of the perks of buying a new home in NY I guess.[​IMG][​IMG]
     
  10. Skippy123
    Super_Ideal_Rock

    Messages:
    24,299
    Joined:
    Nov 24, 2006
    by Skippy123 » Nov 19, 2008
    That is insane!!!! Are people moving out of that area?
     
    


    


  11. Dancing Fire
    Super_Ideal_Rock

    Messages:
    29,730
    Joined:
    Apr 3, 2004
    by Dancing Fire » Nov 19, 2008
    [​IMG] wow ! strmrdr

    in our area most people pay about 1.2% of property value.
     
  12. Erin
    Ideal_Rock

    Messages:
    2,783
    Joined:
    Nov 24, 2004
    by Erin » Nov 19, 2008
    8.8% in farmtown, Illinois
     
  13. strmrdr
    Super_Ideal_Rock

    Messages:
    23,295
    Joined:
    Nov 1, 2003
    by strmrdr » Nov 19, 2008
    yes and no but not really because of taxes mainly because of the lack of jobs and the bad schools.
    The lower cost of the houses offsets the tax a bit.
    Going to one of the lower tax areas a 100k house here would sell for around 125k there.
     
  14. TravelingGal
    Super_Ideal_Rock

    Messages:
    17,193
    Joined:
    Dec 29, 2004
    by TravelingGal » Nov 19, 2008
    From propertyshark: Our property tax rate is 1.043273%.
     
  15. Elmorton
    Ideal_Rock

    Messages:
    3,998
    Joined:
    Jul 5, 2007
    by Elmorton » Nov 19, 2008
    Mine is about what Tgal''s is. We live in a bi-state area, and if we crossed the Mississippi into IL, we''d be paying about a grand more in property taxes for a house of the same value (schools, roads, etc being completely similar). However, income taxes are apparently higher on the IA side, so it supposedly evens out.
     
    


    


  16. pennquaker09
    Brilliant_Rock

    Messages:
    1,943
    Joined:
    Nov 2, 2007
    by pennquaker09 » Nov 19, 2008
    You guys probably wouldn''t believe me if I told you how much the taxes were on our place. The taxes are expensive here because Tenafly has one of the top school systems in the state. On the downside, I''m even sure if I will be sending my kids to public school . . .
     
  17. Haven
    Super_Ideal_Rock

    Messages:
    13,166
    Joined:
    Feb 15, 2007
    by Haven » Nov 19, 2008
    $7,000 for a $350,000 home in the northern suburbs of Chicago.
     
  18. divergrrl
    Ideal_Rock

    Messages:
    2,224
    Joined:
    Dec 9, 2002
    by divergrrl » Nov 19, 2008
    Dang, I thought I had it bad.... $4800 on assessed value of $375k (market value fluctuates between 500k and 600k -- we''ve been here a long time).

    My SILS house is $1500 on $250k in AZ.
     
  19. MichelleCarmen
    Super_Ideal_Rock

    Messages:
    15,880
    Joined:
    Feb 8, 2003
    by MichelleCarmen » Nov 19, 2008
    8.8%???

    Ours is 1%
     
  20. Tacori E-ring
    Super_Ideal_Rock

    Messages:
    19,995
    Joined:
    Aug 15, 2005
    by Tacori E-ring » Nov 19, 2008
    My parents used to pay 12K in Ohio. [​IMG]
     
  21. pixie1216
    Rough_Rock

    Messages:
    58
    Joined:
    Jun 21, 2008
    by pixie1216 » Nov 19, 2008
    wow! i'm jealous of all of you! we pay $12,500 per year, house value about 350,000. in this area 350,000 gets you a smaller, older home. most of that goes to the school system which isn't so great once you hit the higher grade levels. i am in Northeast nj. we are saving for private school for our son, or plan to move before he hits middleschool. it truly is sickening![​IMG]
     
  22. gwendolyn
    Ideal_Rock

    Messages:
    6,770
    Joined:
    Aug 4, 2007
    by gwendolyn » Nov 19, 2008
    About £1300/year on a rental property. [​IMG]

    Edit: Oh, sorry, that's council/local tax. Nevermind.
     
  23. WTNLVR
    Brilliant_Rock

    Messages:
    623
    Joined:
    Jan 30, 2005
    by WTNLVR » Nov 19, 2008
    Almost 9k on a 650k house with under 2 acres in Mass.
     
  24. Haven
    Super_Ideal_Rock

    Messages:
    13,166
    Joined:
    Feb 15, 2007
    by Haven » Nov 19, 2008
    Holy cow! Are you in a developing area? When we were house hunting we found that the suburbs farther out from the city, which are still developing and growing, had much higher taxes than the older suburbs closer to the city which are already fully established and no longer building up. We loved a house valued at $350,000, but the taxes were nearly $11,000 so we walked away.

    We ended up closer to the city, and although our dollar didn''t stretch nearly as far as it would have farther out, our taxes are much lower. The schools are much better in our area than in the higher tax areas, too.
     
  25. eks6426
    Ideal_Rock

    Messages:
    2,011
    Joined:
    Nov 19, 2004
    by eks6426 » Nov 19, 2008
    I live in Indiana. Taxes on $160,000 house are around $1,200 but schools are lousy and I pay $3K more to send my son to a Blue Ribbon private school. So, I guess taxes are really $4,200 if I add in school. But considering I need to stay in the area for now, I love where I live and wouldn't trade it for the better school system areas of my county.
     
  26. Erin
    Ideal_Rock

    Messages:
    2,783
    Joined:
    Nov 24, 2004
    by Erin » Nov 19, 2008
    Property Tax Rates
    Year 2005 Total Property Tax Rates Total Sales Tax Rate 6.25%
    City 1.9148% For Two Previous Years Utility Tax On
    County 1.1164% 2004 2003 Electricity 0.00%
    School 4.1681% 8.9918% 8.5726% Natural Gas 0.02%
    Other(s) 2.0064% Telephone 0.00%
    Total 9.2059% Water 0.00%
     
  27. MustangGal
    Ideal_Rock

    Messages:
    2,029
    Joined:
    Jun 18, 2004
    by MustangGal » Nov 19, 2008
    We pay about $1,400 for our house that they claim is worth $185,000 in Phoenix AZ. They''re selling for less than that now though[​IMG]

    Overall the schools in Phoenix suck, but I hear the ones for my neighborhood are pretty good.
     
  28. pixie1216
    Rough_Rock

    Messages:
    58
    Joined:
    Jun 21, 2008
    by pixie1216 » Nov 19, 2008
    haven, we are in suburban essex county-i''m about 25-35 min. from manhattan ( no traffic!)i think essex county is famous for it''s criminal property taxes!!
     
  29. vespergirl
    Ideal_Rock

    Messages:
    5,497
    Joined:
    Jan 29, 2007
    by vespergirl » Nov 19, 2008
    We pay about $6000 per year.
     
  30. Haven
    Super_Ideal_Rock

    Messages:
    13,166
    Joined:
    Feb 15, 2007
    by Haven » Nov 19, 2008
    Wait--so, for my $350,000 home I would have to pay $30,800 per year in taxes? That''s insane. How do people afford to live there, and WHY would anyone buy a house somewhere with such high taxes?

    Am I missing something here????
     
Thread Status:
Not open for further replies. Please create a new topic or request for this thread to be opened.

Share This Page