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Alabama Income Taxes vs property taxes (sales, house, inspection)

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Old 05-14-2008, 05:13 PM
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Default Alabama Income Taxes vs property taxes
I've been doing a lot of checking and found that Fl. has no income taxes but their property taxes are considerable compared to AL. But, AL has personal income taxes - is it a wash between Al and Fl since one has higher property taxes but the other has no income tax? Anyone that lives in AL, I would appreciate your take....
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Old 05-14-2008, 06:13 PM
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It is more than a wash, it is a dry too.

Property tax in FL for a $150K house $2,800 a year with homestead exemption.. HOI between 4k or more a year.

AL property tax for a 150K house around $400.00 a year. HOI in N. Al $1,200.. more if you live near in S. AL near the water.

Will you be working or retiring to AL?
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Old 05-15-2008, 12:13 PM
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Also Alabama groceries are NOT exempted from sales taxes. And you'll have to travel to a neighboring state for your weekly lottery ticket. Something else to consider.
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Old 05-15-2008, 01:17 PM
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Originally Posted by Southlander View Post
Also Alabama groceries are NOT exempted from sales taxes. And you'll have to travel to a neighboring state for your weekly lottery ticket. Something else to consider.
Thats one good thing about my town on the state line, I get the best of both states.

Florida is also bad about permits and regulations. It seems every little thing you do in FL (even rural) requires an inspection and permit.
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