how high are your property taxes?

[PrinceofWands]

A little under 2k for an assessment of 179k. Fortunately we get our adjustment next year, which 'should' drop the assessed down to about 135-145k (with an obviously corresponding drop in taxes).

 

[jiggahertz]

I suspect the listing on the Lebanon house is incorrect unless the assessed value is 2x the listing price. Here are tax rates from 2007 but should give you a general idea. NH has some pretty high property tax, but not around 5%.

NH Property Tax Rates

 

[mmntech]

I think we're up to $5000 now on a $350,000 house. We get dick all in return for that though. The town pretty much treats us like dirt. Long story.

I nearly died when my gf said they get garbage pickup twice weekly in the DC area. We get it twice monthly!

 

[Capt Caveman]

Another thing I enjoy about living in the city with so many companies paying their fare share of property taxes, residents only pay around $7.72 per $1k in assessment with a $200k residential exemption.

 

[mizzou]

$150k house. $1.5k taxes

 

[Sho'Nuff]

Property tax rate will depend highly on how your state funds various public services, like school. E.g., in NH, the taxes raised by the individual towns are the primary source of education funds. That is just one reason why the tax rate various so much between NH towns.

In VA and MA, the real estate tax was ~1%, +/- a couple tenths. NH is more like 2-5%, depending on the town. I've seen $300k houses with $12k/year taxes listed on the mls.

Granted, NH doesn't have an income tax, so I guess I can't complain too much.

 

[Via]

Looks like about $3000 a year.

 

[Kreon]

The ridiculous one is in Lebanon, the other in Canaan.

Well there's your problem!

If you're gonna work in one of those, look into Claremont. Property taxes are lower, house prices are lower.


Edit: NH does have higher property taxes than other places. Fortunately, we don't have a sales or income tax. Instead, all of out money comes from alcohol taxes, tobacco taxes, meals taxes, etc that are all slightly lower than Massachusetts (just a coincidence, we promise )

 

[akshatp]

You are all lucky. My parents pay $14,800 in Central Jersey. And they dont even pick up our garbage! My sister pays about the same also in Central NJ

 

[waggy]

209k house. 5k/year property taxes. Fuck Cook County, IL

Heh. I'm in Dekalb County il. its not much better. 150k house 4k/year property tax

 

[caspur]

Assessed at 175k, About 1800 sq feet. El Paso Cty, CO.

$700/year. Previous year with senior exemption $350 bucks!!!

What do I win?

 

[Felisity]

Around $1600 for a 200k assessment.

That's fairly low for MA. I'm just thankful it's not more than that because we get taxed like crazy for nearly everything else.

 

[dwell]

Abated. $2000 last year, $4000 this ... up to $9000.

 

[shortylickens]

Too high.
Considering the property lost 1/3 of its value from 2008 to 2009.

 

[Engineer]

Lexington, KY. ~1.1% of house value. ~$1,800+ for me.

 

[MustISO]

~5,500 / year on a $620,000 house

 

[CPA]

$8,000 on a $380K house here in Texas. But no income tax, so I'm cool with it.

 

[Cattlegod]

dang. i only pay $5,592 for an entire year of rent. i do share a 1600 sq foot house with 2 other guys though.

 

[sdifox]

[FONT=Arial, Helvetica, sans-serif][SIZE=-1]0.8749226 % of the assessed value of the house. This includes education tax.

http://www.toronto.ca/taxes/property_tax/tax_rates.htm
[/SIZE][/FONT]

 

[nerp]

$200,000 house, $2,000 in taxes. Not bad. My city has a strong commercial tax base so the burdern isn't so great on the residential side. Ka-ching.

 

[soulcougher73]

Here in Kansas City area they seem to range from $1500-$3000. Most houses i look at are at the $1800-2200 mark though.

 

[jlee]

Well there's your problem!

If you're gonna work in one of those, look into Claremont. Property taxes are lower, house prices are lower.


Edit: NH does have higher property taxes than other places. Fortunately, we don't have a sales or income tax. Instead, all of out money comes from alcohol taxes, tobacco taxes, meals taxes, etc that are all slightly lower than Massachusetts (just a coincidence, we promise )

Real estate is a lot cheaper, but taxes are still ridiculous. This looks like a good deal on a decent house, but taxes are $4381 and it's a 50 minute drive to work.

I think I will rent until I figure out where in the US I want to live.

 

[sdifox]

I don't want to drive that far - it's a 40 minute drive. Real estate is a lot cheaper, but still taxes are ridiculous - $79,900 house with $2600 taxes.

I think I will rent until I figure out where in the US I want to live.

40min is my commute (I leave at 6:15) and I am just driving in the city.

 

[IndyColtsFan]

Mine is a tad over 1% of the appraised value of the home, but they did go up a little this year which I don't quite understand. Not too bad considering the town built a $120 million high school 3 or 4 years ago.

 

[rh71]

1370sq ft starter house going for $350k, 7k annual taxes. We're upgrading now and looking at something north of $10k in taxes but you can't help it if you want to stay in the area. Parents in the next town are $14k... we're looking at the town but definitely not taking a house that's up at 14k.