Property taxes, ugh

[lucilleaustero]

We just got a notice that our property taxes are going up, again. We are now at 12k per year for our property taxes and our property is super tiny. But, 66% of our property taxes get funneled into NYC and, meanwhile, Long Island's infrastructure is crumbling.

Because I am a masochist, and also I love to think about where we are going to retire to, what is your yearly property tax?

[Deleted]

We pay north of $8K annually. We get weekly recycling pickup, bi-weekly garbage pickup and our road is plowed. We are zoned rural residential.

[ghostmonkey]

Uh, $1,500. And they went up.

[cbowl]

I think around $6500 annually.

[bearfootz]

Our rate is 2.1% of our assessed value, I think our taxes went down this year - but because our value went down not the tax rate.

[danisgossipgirl]

5000ish plus a few hundred for each car. Our house/property are tiny.

[hurricanenellie]

$1300. We are out of "town" and have 5 acres. But the closest stoplight is 77 miles and closest Wal-Mart is 99 miles. Target or anything like that is 3 hours. I don't recommend it.

[kristhegirl]

About $1200 for a 2k SF house on an 11k SF lot. (New Mexico.)

[lea]

About $4000 in New England

[Idani]

Ours are only 1300$. You all would probably shit at the price we paid for our 2000 sq ft 4 bed 2 bath house. That being said we cant wait to leave this area because in the last 7 years our "city" has gone down the shitter. The new areas we are looking our taxes will be around 2500-3k likely

[Deleted]

7K+ in a close suburb of Chicago. For a 31' wide lot with a 1600 SF house. We have awesome public schools and parks though

[runnergirl812]

Jan 30, 2015 11:23:17 GMT -5 rvasc said:

Jan 30, 2015 11:22:11 GMT -5 ghostmonkey said:

Uh, $1,500. And they went up.

Around this.

Same here.

[runnergirl812]

I looked up the rate...the combined city and county rate is 0.9166% + $20 recycling fee. So a $200k house would be $1853.20.

[bearfootz]

Jan 30, 2015 11:46:22 GMT -5 @pobrecita said:

It's much easier to compare when you use percentage. Dollar amounts don't mean much.

Exactly.

Coworkers couldn't believe what I paid in property taxes until I pointed out that their rate is actually higher.

[kirotea]

About 2.5% for the house/property: 2.5 acres, ~2100sf. Plus there is the "registration fee" for each vehicle (apparently we don't like calling it a tax in NH).

But that's it. No income tax. No sales tax.

[Deleted]

1.72% of market value on my most recent proposed tax statement.

[eva]

Jan 30, 2015 11:45:13 GMT -5 @sundae13 said:

7K+ in a close suburb of Chicago. For a 31' wide lot with a 1600 SF house. We have awesome public schools and parks though

That's us too. Around 2000 SF house. But I love the school district.

[danisgossipgirl]

Jan 30, 2015 12:03:19 GMT -5 bearfootz said:

Jan 30, 2015 11:46:22 GMT -5 @pobrecita said:

It's much easier to compare when you use percentage. Dollar amounts don't mean much.

Exactly.

Coworkers couldn't believe what I paid in property taxes until I pointed out that their rate is actually higher.

If only it were that simple here. Looking at mill rate statewide it appears the range is ~1.3%-7.4%, but town assessment is usually artificially high in low mill towns and artificially low in high mill towns, but sometimes not. My mill looks like a 2.6% rate, but my town assessment is ~100k less than market value. Hard to compare without looking at similar houses between towns.

[bearfootz]

Jan 30, 2015 12:09:16 GMT -5 kirotea said:

About 2.5% for the house/property: 2.5 acres, ~2100sf. Plus there is the "registration fee" for each vehicle (apparently we don't like calling it a tax in NH).

But that's it. No income tax. No sales tax.

And I could still call a water fountain a bubbler?  Maybe I should look at moving.

[namastebiotches]

2.05% here

[Deleted]

3.1% in Chicago suburbs.

[lucilleaustero]

Okay, so I am paying 4.1% on an 1100 SF home on a 6000 SF lot. I am insane.

[bunnyfungo]

We're at about $1700. I actually don't know what the percentage is. Oops.

[hedgehog]

2% in Michigan.

[spw123]

$3,900 - I dont know what you mean by percentage

[atomiccounty]

Jan 30, 2015 10:54:26 GMT -5 lucilleaustero said:

We just got a notice that our property taxes are going up, again. We are now at 12k per year for our property taxes and our property is super tiny. But, 66% of our property taxes get funneled into NYC and, meanwhile, Long Island's infrastructure is crumbling.

Because I am a masochist, and also I love to think about where we are going to retire to, what is your yearly property tax?

We're also in NY. We have a townhouse in a distant suburb of the city and that is close to 10K a year with no property. I'm not positive what are taxes are up here (we moved a couple hours further north) because they are escrowed but our county is one of the cheapest. I know we pay less here for our house with 1/3 acre. I thinks it's around $8500 total.

[atomiccounty]

I'm curious what our rate is. I'm going to look into that.

[atomiccounty]

This thread confirms NY is really the worst.

[redhorizon343]

Jan 30, 2015 10:54:26 GMT -5 lucilleaustero said:

We just got a notice that our property taxes are going up, again. We are now at 12k per year for our property taxes and our property is super tiny. But, 66% of our property taxes get funneled into NYC and, meanwhile, Long Island's infrastructure is crumbling.

Because I am a masochist, and also I love to think about where we are going to retire to, what is your yearly property tax?

I started reading this and thought "12k/year for a tiny property? Do you live in my house?" And then I saw that you must also live in the greater NYC metro area, as I do.

NYS taxes are the worst. Boo. Hiss.    

[hmp]

Just over 3% when I lived in DFW, Texas and no state income tax.

Around 1.2% just outside Nashville, TN and no state income tax but our sales tax is really high. And we have to pay Amazon sales tax, boo.