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Old 01-20-2008, 10:14 AM
 
52 posts, read 140,968 times
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Thanks Cattknap--might add KY to the list too
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Old 01-20-2008, 02:12 PM
 
Location: Forests of Maine
30,729 posts, read 49,538,109 times
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Quote:
Originally Posted by normie View Post
Hope you find a place you like better. If you haven't decided where to go, there are some comprehensive tax comparisons in archives for this forum. Delaware is pretty nice, and the taxes are low there.
Unfortunately larger states that have both metropolitan and rural areas skew the comparison charts.

We live in a rural area and those comparative charts do not represent this area at all.

The best representation that we have seen from those charts shows that we would be paying from double our current taxes to triple our taxes.

Had I retired to a metro area they might have been correct.

But they are very misleading to anyone living in a rural area.
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Old 01-20-2008, 02:15 PM
 
Location: Forests of Maine
30,729 posts, read 49,538,109 times
Reputation: 19165
Quote:
Originally Posted by janb View Post
I'll add WA to the 'Tax-you out-of your home" too much property tax states, ~ $30/day or $12,000 / yr for my place that cost me $140k to build 12 yrs ago, now assessed at ~ $850k. And, NO... I couldn't sell it for that much (market conditions / assessor needs a 'reality pill'...) and take my $ to WY (a friendly retiree state, but few 'banana belts')


Need a retirement spot with low valuations / low mill levy / reasonable energy /accessible staple commodities + quality of life... a stiff menu for us 'picky' early retirees, but I'm also looking at the long term implications of US economy and medical benefits (Laid off 6 wks prior to retirement eligibility... after 32 yrs service... ...)
Our mil rate is 0.00842

Which appears to be low compared to other areas.

Our one-year old 4 bedroom farmhouse is valued at $80k.
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