Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
We are going to be moving to an unfortunately ultra-high-property-tax area and are curious about what other people here on the CityData site are currently paying.
My poll has two kinds of questions: One, the range in which your annual property tax bill falls, and the other being whether or not your property tax bill includes school taxes. Apparantly every state is different in that regard. We are moving to New York, which is one of the states where school taxes are included in the total property tax bill (one reason why the taxes there are so very high). However I understand that some states (like Colorado) fund their schools from sources other than property taxes. So it would be interesting to see how many people here pay for their public schools via their property taxes.
(When voting, you can choose one tax-range answer category AND also one school tax answer category)
Last edited by BlueSkyHoliday; 09-14-2007 at 07:45 AM..
I am not sure if property taxes fund schools in New Mexico, but I don't think they do. I am one of the fortunate ones: my taxes are $1200 a year, that's on $193,000 assessed building + $20,000 assessed land.
However, the tax collectors get you somehow. Here in NM, we pay 7.5% sales tax, and the top income tax bracket is a mere $42000 annual, of which I qualify. There is no free lunch, in essence.
School taxes are included in our property taxes; it makes up about 65% of my tax bill. We are in the unincorporated part of the county, so our property taxes are $1666 for 2007. Our home's gross value is $187k but the assessed is around $75k.
Like mike0421 said, you get taxed in other areas even if your property taxes are relatively low (income taxes, sales tax, etc).
However, the tax collectors get you somehow. Here in NM, we pay 7.5% sales tax
That doesn't sound all that bad, really. The area we'll be moving to has sales tax of 8.62% (state and county combined)!
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
