So if you are planning on leaving, where are you heading to? (Barrington: homes, living in)
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Someone better give all the New Yorkers (aka Midwetsenrers who moved to Brooklyn for 5 years and say they're from NY) moving to my northern NJ town the memo that apparently NJ sucks. We're being taken over. New York plates everywhere. SOS.
Someone better give all the New Yorkers (aka Midwetsenrers who moved to Brooklyn for 5 years and say they're from NY) moving to my northern NJ town the memo that apparently NJ sucks. We're being taken over. New York plates everywhere. SOS.
Oh, midwesterners. They just don't compute. I'm not talking about the people who are literate, intelligent, educated. We just don't seem to mesh in person. I get along many people online, but we herd by personality type, interests, plights. Face to face, it doesn't always work.
One potential disadvantage of Pennsylvania is the inheritance tax---no tax to surviving spouses but 4.5 percent of assets on transfers to direct descendants and lineal heirs--and higher percentages for more distant relatives.
Pennsylvania does not tax retirement income. AT ALL. And also property taxes are SIGNIFICANTLY lower. And quality of life is extremely high, especially in places like Southeast Pennsylvania. There is a reason PA is the #1 Net Migration State for people from NJ. I have a good friend of mine moving from South Jersey to Southeast Pennsylvania. They will be saving $300,000 in property taxes in 10 years by making the move. And they moved to a highly desirable community with more amenities than their town in S. NJ offered.
Pennsylvania does not tax retirement income. AT ALL. And also property taxes are SIGNIFICANTLY lower. And quality of life is extremely high, especially in places like Southeast Pennsylvania. There is a reason PA is the #1 Net Migration State for people from NJ. I have a good friend of mine moving from South Jersey to Southeast Pennsylvania. They will be saving $300,000 in property taxes in 10 years by making the move. And they moved to a highly desirable community with more amenities than their town in S. NJ offered.
The taxes are all over the place. Most places are cheap or reasonable, but then there are anomalies like Monroe County. Yikes. New Jersey type taxes in Pennsylvania.
My mother paid at least $3,000 in taxes in Wilkes-Barre. She lived in a small, old house on a small property. If she'd lived in a 3, 2 1/2 on a quarter acre, she would have been paying NJ taxes.
The taxes are all over the place. Most places are cheap or reasonable, but then there are anomalies like Monroe County. Yikes. New Jersey type taxes in Pennsylvania.
My mother paid at least $3,000 in taxes in Wilkes-Barre. She lived in a small, old house on a small property. If she'd lived in a 3, 2 1/2 on a quarter acre, she would have been paying NJ taxes.
NJ has the highest property taxes in the nation. As it was mentioned in this forum; And I agree, PA property taxes are FAR from perfect. But PA is the #1 out migration state from NJ. Southeast PA which is extremely desirable and can rival North New Jersey in terms of wealth/quality of life. Has far lower taxes. So much so that a personal friend of mine is legit saving $300k over 10 years in property taxes. I mean 300k over 10 years. It is just INSANE. (And again this friend moved to a very desirable place in SEPA).
How high property taxes are in NJ overall TBH. Again I have another friend who's home value is about 375k and they pay $13,000 a year in property taxes. 375k is a modest home value LBH. $13,000 a year is INSANE. and they are looking to move sooner than later.
I love the Jersey Shore. But NJ has a property tax epidemic. I hope it can be resolved.
To anyone from NJ looking to relocate. I highly recommend Southeast PA. It is in the top #10 best places to retire in the USA. For a multitude of reasons. Walkability. Transit. Quality of life. Cost of living. Lower taxes. No Tax retirement. (just my 2 cents.)
Possibly Vermont. Possibly upstate NY. Possibly somewhere else even worse.
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