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Old 08-05-2007, 11:46 PM
 
Location: Tennessee Bound
74 posts, read 143,713 times
Reputation: 19
wow. are we going to be in for a surprise when we get to Tn? we live on a 5 acre farm in extreme southern Minnesota, and our taxes per year are 184.00 we have state and federal income taxes as well, our local sales tax is I believe 6.50.
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Old 08-06-2007, 06:19 AM
 
Location: Tennessee
6,297 posts, read 15,028,854 times
Reputation: 1580
Quote:
Originally Posted by sthepoet View Post
wow. are we going to be in for a surprise when we get to Tn? we live on a 5 acre farm in extreme southern Minnesota, and our taxes per year are 184.00 we have state and federal income taxes as well, our local sales tax is I believe 6.50.
Sounds like you're going to be surprised by the property tax here. You only pay $184 a year in property tax? That's lower than any place I know of in Tennessee.

You will be pleasantly surprised by the lack of a state income tax here. Sales tax will be higher however.

Whenever I see rankings of states by how "tax friendly" they are, Tennessee is usually in the bottom (lowest) ten, while Minnesota is usually in the top (highest) ten, so I'm guessing that overall you'll be okay with the taxes here.
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Old 08-06-2007, 05:24 PM
 
176 posts, read 540,456 times
Reputation: 115
Sorry that I didn't see the question for me until now. Yes, I live near Cookeville now and I'm glad that I do! What a great area-the people, the climate, the cost of living, etc. We love it! I regret that I didn't get to the festival.

New York was insane. I lived there all my life and the politicians always talked about lowering taxes...but they just went up. My neighbor down the block from me was paying $16,000 a year in property taxes in 2000. Our houses were nice but certainly nothing spectacular. Using the Rule of 72, at 8% increases (average) per year, our taxes were going to double in 9 years. We got out and live a much better life now. I wish we had left years ago.
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Old 08-06-2007, 09:15 PM
 
Location: Tennessee Bound
74 posts, read 143,713 times
Reputation: 19
so is it less expensive to shop in different counties like for groceries, I do not want to pay that kind of sales tax? Superwalmart is a great place up here for purchasing groceries, but having to figure the sales tax in Tn could really change my grocery budget. So what areas are less expensive without having to drive too far?
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Old 08-06-2007, 09:55 PM
 
Location: Blackwater Park
1,717 posts, read 4,598,325 times
Reputation: 537
Quote:
Originally Posted by sthepoet View Post
so is it less expensive to shop in different counties like for groceries, I do not want to pay that kind of sales tax? Superwalmart is a great place up here for purchasing groceries, but having to figure the sales tax in Tn could really change my grocery budget. So what areas are less expensive without having to drive too far?
You might save about $10/wk going elsewhere. Would it be worth it?
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Old 08-07-2007, 08:15 AM
 
3,068 posts, read 5,041,998 times
Reputation: 1761
Ok what the heck did I say that was off topic????????????????????????????????????????????? ?????

I am beginning to definitely rethink moving to TN.
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Old 08-07-2007, 11:57 AM
 
8,898 posts, read 20,395,320 times
Reputation: 5638
Quote:
Originally Posted by AlisonL View Post
Ok what the heck did I say that was off topic????????????????????????????????????????????? ?????

I am beginning to definitely rethink moving to TN.
Who said you said something off topic? I must've missed something.

And if you did say something off topic, why does that mean you will definitely rethink moving to TN?
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Old 08-07-2007, 02:10 PM
 
Location: Beautiful East TN!!
7,285 posts, read 13,619,205 times
Reputation: 2638
You all can't see it but I had to delete 14 posts in this thread. The thread is about property and taxes in TN. The 14 posts were either questioning others motives as to why they are choosing what they choose as far as job and place to live, political debates and bickering. They were all off the topic of taxes in TN. If you want to talk about a different TN topic, it is best to start a new thread. To answer your question AlisonL, you were asking Tony about selling his houses and him finding jobs and his motives behind that, what does that have to do with taxes in TN?
SOOOOO.... lets let this go and get back to the subject at hand in this thread, taxes.
Thank you.
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Old 08-07-2007, 02:24 PM
 
8,898 posts, read 20,395,320 times
Reputation: 5638
Quote:
Originally Posted by mbmouse View Post
You all can't see it but I had to delete 14 posts in this thread. The thread is about property and taxes in TN. The 14 posts were either questioning others motives as to why they are choosing what they choose as far as job and place to live, political debates and bickering. They were all off the topic of taxes in TN. If you want to talk about a different TN topic, it is best to start a new thread. To answer your question AlisonL, you were asking Tony about selling his houses and him finding jobs and his motives behind that, what does that have to do with taxes in TN?
SOOOOO.... lets let this go and get back to the subject at hand in this thread, taxes.
Thank you.
Oh ok, that makes sense! I forgot that once posts are deleted, we can't see them. DUH. Thanks for setting us straight.
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Old 08-07-2007, 02:32 PM
 
86 posts, read 216,587 times
Reputation: 38
I just scanned this thread and noticed comments were made specifically about taxes in Kingsport and Sullivan County. In my quick scan I did not see the following information summary....hope this offers some clarity.

Total City & County property taxes on a $200,000 home in Kingsport, Tennessee = $2,395 per year



For a family of 4....



No solid waste, garbage, trash or recycling fees

No special school tax

No special district tax

No wheel tax

No state income tax on salaries/wages

No personal property tax

No vehicle inspection fees

No annual vehicle taxes of any kind

Water/Sewer = $50 per month

Electricity = $64 per month

Natural Gas = $100 per month

Digital Cable = $80 per month

Internationally accredited police and fire departments
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