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States' Property Taxes Rates

edited February 2016 in Off-Topic
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Comments

  • @Maurice: I think the printer-friendy version is a little easier to read. Very interesting information
    Regards,
    Ted
    http://247wallst.com/special-report/2016/02/08/states-with-the-highest-and-lowest-property-taxes/print/
  • Hard to tell what to make of this. Nothing like tourism to help an economy, of course. But are people fleeing NJ?

    The money to run and do things has to come from somewhere. Even rightwingnuts admit to that.

    NH friends complain endlessly about their property taxes, but don't pay other taxes. In a Boston suburb we pay like $18k a year in an insanely expensive, few-businesses town. We remunerate teachers extremely well.

    So what to do? I could move back to SW Ohio and pay closer to nada. Then I would be in SW Ohio. As my somewhat overeducated somewhat provincial kids asked way back in HS, Why live anywhere else than the Boston area?

    So you pays yer moneys and takes yer cherce.
  • Factors that affect property tax as a combination

    Things that make it go up:
    Desirability of the location (people with more ability to pay move in before locals can protest and influence the local government)
    Lack of commercial or tourist tax base for the municipality (higher taxes paid by businesses or tourism in the area can offset property taxes)
    Poulation density (denser population places have higher spending needs with more schools, frequent repair of infrastructure, more cops, etc)
    Lack of state help (some states share any sales or income tax revenue better than others)
    More important, local population expectation of level of services from their municipality.

    Municipalities follow a market principle, levy what the market can bear, no more, no less.

  • So what to do? I could move back to SW Ohio and pay closer to nada. Then I would be in SW Ohio. As my somewhat overeducated somewhat provincial kids asked way back in HS, Why live anywhere else than the Boston area?

    @davidrmoran Quite an elitist statement, IMO. Actually, one of my friends' sons (who just got his PhD in electrical engineering from my Alma Mater) just moved to SW Ohio. He got job offers across the country....including several from companies in your region...and CHOSE SW Ohio because he and his wife could afford to buy a home and start a family.

  • Affordability is a good reason, no question.
    And elitist, sure, also no question.
    Tough choices for that generation.
    Boehner was the rep, destructive, but kicked aside for not being destructive enough. I could not bear that even in retirement, and would never have wanted my kids to bear it.
    I had a fine visit there to my hometown there last summer, so many nice and decent old pals, and kind. But Jordan represents my mother's hometown, nearby. Seriously. Talk about destructive. What to do?

  • @davidrmoran Quite an elitist statement, IMO.

    It is disappointing when you would like better. Of course, consider the source.

    Mona

  • so many nice and decent old pals, and kind. What to do?

    Stay where you are...I don't think you'd fit in very well.;)

  • I would fit in just fine, and did. Then, and now. Would much prefer to live and work and raise children elsewhere. And did that. Not you?
    What kind of socialism is this? Interesting interpretations!
  • @davidmoran

    As I start to approach retirement in about nine years, I will be one of those fleeing NJ due to high taxes. Looking at Texas with no personal income tax as the place to go.
  • When I first read this:

    >>>I could move back to SW Ohio and pay closer to nada. Then I would be in SW Ohio. >>>

    my initial reaction was "Oh, no...not another thread where someone slams a part of the country where someone else lives...those never end well". But you asked this question:

    >>> Why live anywhere else than the Boston area? >>>

    and I answered it, without slamming your region, and then you went on a political tangent that you hadn't mentioned at all in your initial insult (I suspect you were regretting your insensitivity and trying to deflect). I made an attempt at humor (which apparently went over your head) to defuse the situation.

    I like you, @davidrmoran, and I think you add a lot to this forum, but this crossed a line...and this is coming from a proud Wolverine who feels compelled to stand up for her Buckeye neighbors!

    Please ponder this quote from Teddy Roosevelt...one of my favorite presidents..."Comparison is the thief of joy".
  • Was quoting my callow kids, in a failed attempt at light humor:) ; sorry. When a child, Michigan was one of the big vacation destinations.
  • edited February 2016
    @davidrmoran On behalf of my Buckeye friends...apology accepted!

    @TheShadow I am a tax refugee, as well. Moved from Michigan to Florida about 7 years ago. I tried the snowbird thing for a year, but didn't like it....and I still have an income, so Florida's zero state income tax rate was very attractive.

    As @davidrmoran stated, tourism tax/sales tax are a big source of state revenue here...as well as foreigners/snowbirds who own homes/condos and pay property taxes, but don't really use the services, like schools....BIG advantage for this state.
  • edited February 2016
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  • And specific location. of course: Nashua NH is not the same experience as Colebrook, Columbus as Springfield, Madison as Eau Claire, Ann Arbor as Flint. Publications regularly post 'best/worst places to retire' listings, but seldom with the granularity of even this thread.
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