How about the properties tax and car insurance in WV? (Martinsburg: sales, how much)

[ohho]

I am considering to relocate to WV.
How about the properties tax on a new-built 1500 sqt house?
How about the car insurance rate in WV?
Currently, I am in Indiana and my 05 Honda CRV's insurance rate is $550/yr.
Is it higher in WV?
Thanks for your input.

[Georgia]

West Virginia has a very low property tax on homes, it does have property tax on cars, but so does Indiana from what I understand.
In WV one has to look at "overall" taxation. In doing so you will find WV always standing between within the top 15 states nationwide on "overall" taxation.

WV has a tiered income tax to 6.5%
6% across the board sales tax, recently to food at 5%
Higher than average gas tax
One of the highest business taxes in the nation
Retired folks get hit with taxation on pensions etc. known as the double hold up. Taxed on it during their working years and taxed again at retirement.

The basic economic system in WV is hard to understand. With overall taxation higher than the national average. A net 85cent return from the Fed on all outlays to the federal treasury thanks mostly to Pork Barrell Sen. Byrd, the state as a whole still suffers on poor infrastructure, those old roads, terrible services, etc. Mostly, this is because of lack of corporate presence. Much of the employment base in WV is government jobs over free enterprise facilities, thus no other sources of income to the state.

With the above said, WV, outside of Berkeley and Jefferson county which is no longer considered WV by many statewide folks but Washington DC is a very beautiful and great place. Sometimes I think that with all the other surrounding states becoming concrete ant hills, WV still holds America as it used to be again, Berkeley and Jefferson County excluded.

Regards,

[Janipoo]

Originally Posted by Georgia

With the above said, WV, outside of Berkeley and Jefferson county which is no longer considered WV by many statewide folks but Washington DC is a very beautiful and great place. Sometimes I think that with all the other surrounding states becoming concrete ant hills, WV still holds America as it used to be again, Berkeley and Jefferson County excluded.

Regards,

Washington DC, I grew up in PG county on the district line, WV is nothing like DC trust me. You take your life in your own hands when you go anywhere near there. I couldn't wait to get out of there. Now I am in AA county and with the state and county taxes and the property going through the roof and all the fees they have put on us (let alone the 72% increase with BGE) We are tired of trying to get ahead. We are having a house built with everything on our wish list plus more let alone a 1/2 acre lot (compared to our .11) for 50,000 less than what we are selling our house for and getting 1000sf more. We have always found people in WV friendly, alot more so than here.

[Georgia]

Originally Posted by Janipoo

Washington DC, I grew up in PG county on the district line, WV is nothing like DC trust me. You take your life in your own hands when you go anywhere near there. I couldn't wait to get out of there. Now I am in AA county and with the state and county taxes and the property going through the roof and all the fees they have put on us (let alone the 72% increase with BGE) We are tired of trying to get ahead. We are having a house built with everything on our wish list plus more let alone a 1/2 acre lot (compared to our .11) for 50,000 less than what we are selling our house for and getting 1000sf more. We have always found people in WV friendly, alot more so than here.

Jani,
Know DC very well. Worked the area for many years. In my younger days I even worked as a Repo Man in SE DC. Kind of reminds me of Martinsburg's east side. You don't want to walk downtown Martinsburg at night either.

Good Luck Jani. Check your PM

[ohho]

Thank you very much.

[lizziep]

Originally Posted by Georgia

Jani,
Kind of reminds me of Martinsburg's east side. You don't want to walk downtown Martinsburg at night either.

I guess I differ with this. It depends on your age. If you are elderly with a cane and bad eyesight, you definatel don;t want to walk dowtown late at night. I am early 30's, with three school age kids and I haven't ever had a problem leaving a supermarket or even a dance club for that matter. You just need to watch your surroundings (like everywhere else now a days) and be leary of strange activity. There are some areas of Martinsburg you wouldn;t catch me close to, but all in all, the areas next to I-81 aren't too bad!

[aedge1]

Hey Jani! I used to live in PG county too! In Oxon Hill...how funny! I live in South TEXAS now, but have plans to relocated to Wayne County in the next year.

[Need_affordable_home]

How bad is the taxation in WV? How much will I save in Ohio tax in comparsion? Ive heard WV taxes you on everything if they can. They even tried to tax you for owning trees but that didnt fly and was repelled in no time. Will they tax me for having a home business or being self employeed? What about my mutual funds? If I decide to retire, will they tax my retirement money? What if I move out then retire?