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Rick & David:
It depends on where you live.
My house assesment is $315,000 (Value = $377,000)
Taxes last year were: $7,600 (about 2.4%)
County Property Taxes $1,900 (0.60%)
School Taxes: $3,700 (1.17%)
MUD (Water) $2,000 (0.63%)
MUD is kind of like Mello-Roos in California - You are paying for the installation of the water, sewer and surface run-off systems
If you live in an older area, you will not have MUD taxes. But if you live in an incorporated city, you will pay city taxes.
No State Income Taxes - Personal or Business
Sales tax: 8.25% and it is Federally deductable!
For comparison:
When I lived in Albany NY, my Apt Bldg was valued 95K. I paid $2400 (2.5%) in property taxes, plus we paid 6-7% in State income tax.
My place in California, valued at 360K, I paid $3500 (1%) in local property taxes, plus 6-7% State income tax.
Rick: How much is you personal property tax on your cars? State and Local income tax? Property tax rate?
__________________
James
The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
Red-beard for President, 2020
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