Missouri tax burden ranks 34th (Columbia, Washington: calculator, median income, property taxes)

[Inoxkeeper]

Check this how...Missouri is in the bottom half of these rankings. That'sa wonderful thing!

State and Local Tax Burdens Ranked, Highest to Lowest, Calendar Year 2007
State % Tax Burden $Tax Burden Median Income
Vermont14.1%1$5,387 $38,306
Maine14.0%2$5,045 $36,117
New York13.8%3$6,522 $47,176
Rhode Island12.7%4$5,291 $41,809
Ohio12.4%5$4,597 $37,020
Hawaii12.4%6$5,014 $40,455
Wisconsin12.3%7$4,736 $38,639
Connecticut12.2%8$6,756 $55,536
Nebraska11.9%9$4,549 $38,373
New Jersey11.6%10$5,991 $51,605
Minnesota11.5%11$4,971 $43,121
California11.5%12$4,965 $43,338
Arkansas11.3%13$3,514 $31,145
Michigan11.2%14$4,202 $37,538
Kansas11.2%15$4,330 $38,732
Washington11.1%16$4,604 $41,530
Louisiana11.0%17$3,808 $34,501
Iowa11.0%18$4,085 $37,068
North Carolina11.0%19$3,933 $35,705
Kentucky10.9%20$3,568 $32,673
West Virginia10.9%21$3,401 $31,198
Illinois10.8%22$4,594 $42,428
Maryland10.8%23$5,341 $49,324
Pennsylvania10.8%24$4,405 $40,942
Indiana10.7%25$3,887 $36,169
South Carolina10.7%26$3,520 $32,790
Utah10.7%27$3,452 $32,249
Massachusetts10.6%28$5,419 $51,297
Mississippi10.5%29$3,103 $29,582
Colorado10.4%30$4,509 $43,512
Arizona10.3%31$3,603 $34,836
Georgia10.3%32$3,615 $35,210
Virginia10.2%33$4,460 $43,710
Missouri10.1%34$3,678 $36,341
Idaho10.1%35$3,367 $33,274
Nevada10.1%36$4,127 $40,916
Oregon10.0%37$3,747 $37,356
Florida10.0%38$3,962 $39,782
North Dakota9.9%39$3,626 $36,635
New Mexico9.8%40$3,251 $33,163
Montana9.7%41$3,353 $34,415
Wyoming9.5%42$4,340 $45,881
Texas9.3%43$3,533 $38,005
South Dakota9.0%44$3,435 $38,072
Oklahoma9.0%45$3,248 $36,077
Alabama8.8%46$3,090 $35,007
Delaware8.8%47$3,804 $43,471
Tennessee8.5%48$3,054 $35,960
New Hampshire8.0%49$3,504 $43,745
Alaska6.6%50$2,729 $41,469
District of Columbia12.5% $7,873 $62,852

[jdslady]

That's great info......... where did you find that??? Missouri is wayyyyyy below Arkansas. Just another reason to get outta here and up there

[Inoxkeeper]

I would like to say I found this...but I stole it from another site I visit a good bit...

tractorbynet.com

This is also a good site for us country livin' types, or at least those who wish they were.

CountryByNet.com :: The Country Life Community

[arjr]

I have been researching and following the many factors regarding relocating for the past few years...which is why I am looking so closely at MO.

Here is some more data.

The Tax Foundation - Property Taxes on Owner Occupied Housing by State, 2006

The Tax Foundation - Property Taxes on Owner Occupied Housing by County, 2006

Cost of Living comparison calculator

HomeFair.com: "Error"

Home-price comparison, state by state - Sep. 27, 2006

http://www.infoplease.com/ipa/A0104652.html

[mrsgenealogy]

Thanks for all the great info, Inoxkeeper and arjr!

I especially appreciate the work that went into getting all those links, arjr! The topic of comparing cost of living comes up all the time in these forums so I've bookmarked the sites for future reference!

Inoxkeeper, it is a great thread and I especially appreciate that you named it well. You could have named it something like, "Great tax info for MO" and it wouldn't have been as clear or compelling. Thanks for creating it!

[mrschilicook]

Mo, however, is not one of the best tax states for retirees. It was in the bottom 10 in the last survey but that was before the lawmakers changed to social security taxation laws (being phased in however). Hopefully, it will rank better on that score in a few years when the changes are 100% implemented. Check out the following.

The Basics -- Which states give retirees the best deal? - MSN Money

[mrsgenealogy]

What a great bunch of info! Thanks for the link, MrsC!

For the record, I guess they keep it pretty up to date since I saw Jeff City as the only MO location. It was #35 on the list, which was 17 from the bottom. Once again, that is one of the questions I've never known how to answer but hear often around the forum...tax breaks for retirees/is MO retiree friendly financially...something like that. I'm so glad you posted this and am sure others will in the future, too!

Originally Posted by mrschilicook

Mo, however, is not one of the best tax states for retirees. It was in the bottom 10 in the last survey but that was before the lawmakers changed to social security taxation laws (being phased in however). Hopefully, it will rank better on that score in a few years when the changes are 100% implemented. Check out the following.

The Basics -- Which states give retirees the best deal? - MSN Money