I live in Greater Chicago area, my property tax was 1% of my home value in the 80s and early 90s. Between 90s and 00s, the % went to 1.5. Now it is around 2% of the house value. There are some areas in Chicago, it is around 3%, usually these are new areas since they need to money to build some schools and infrastructure.
A friend of mine has told me that some states have the property tax still around 1%. I will be interested in hearing everyone about the % of real estate tax in your area. Greater LA, Atlanta, New Jersey, Texas, Las Vegas, etc. Could we do a roll call? Thank you.
Property taxes are insignificant to some and the bane of others’ existence. The average American household spends $2,149 on property taxes for their homes each year, according to the U.S. Census Bureau, and residents of the 27 states with vehicle property taxes shell out another $402 Considering these figures and the debt-fueled environment to which we have grown so accustomed, it should come as no surprise that roughly $11.8 billion in property taxes go unpaid each year, the National Tax Lien Association has found.
And though property taxes might appear to be a non-issue for the 37 percent of renter households, that couldn’t be further from the truth. We all pay property taxes, whether directly or indirectly, as they impact the rent we pay as well as the finances of state and local governments.
But which states pack the biggest property-tax punch, and what should residents keep in mind when it comes to meeting and ultimately minimizing their tax obligations? In search of answers, we analyzed the 50 states and the District of Columbia in terms of real-estate and vehicle property taxes. We also consulted a panel of property-tax experts for insights both practical and political. Read on for our findings and methodology.
It looks like that I am living in one of highest property tax states. Illinois state, county, and city financial situation is terrible. Chicago is another Detroit if we don't have diversified industries and geographical location. 2 of last 3 governers are in jail for corruption. Thank you all for your replies.
I live in Greater Chicago area, my property tax was 1% of my home value in the 80s and early 90s. Between 90s and 00s, the % went to 1.5. Now it is around 2% of the house value. There are some areas in Chicago, it is around 3%, usually these are new areas since they need to money to build some schools and infrastructure.
A friend of mine has told me that some states have the property tax still around 1%. I will be interested in hearing everyone about the % of real estate tax in your area. Greater LA, Atlanta, New Jersey, Texas, Las Vegas, etc. Could we do a roll call? Thank you.
没有必要太关注税率。
几百万价值的房子,还只要付相当与只有几十万价值的房产税。加州拥有房子时间越长,越划算,每年付的房产税比同样价值新买的房要低好几倍。
1100刀。我现在的地区,税1% 多一点,比如15万多的房,税是1800多刀, 也是每年3%的cap。
https://wallethub.com/edu/states-with-the-highest-and-lowest-property-taxes/11585/
Property taxes are insignificant to some and the bane of others’ existence. The average American household spends $2,149 on property taxes for their homes each year, according to the U.S. Census Bureau, and residents of the 27 states with vehicle property taxes shell out another $402 Considering these figures and the debt-fueled environment to which we have grown so accustomed, it should come as no surprise that roughly $11.8 billion in property taxes go unpaid each year, the National Tax Lien Association has found.
And though property taxes might appear to be a non-issue for the 37 percent of renter households, that couldn’t be further from the truth. We all pay property taxes, whether directly or indirectly, as they impact the rent we pay as well as the finances of state and local governments.
But which states pack the biggest property-tax punch, and what should residents keep in mind when it comes to meeting and ultimately minimizing their tax obligations? In search of answers, we analyzed the 50 states and the District of Columbia in terms of real-estate and vehicle property taxes. We also consulted a panel of property-tax experts for insights both practical and political. Read on for our findings and methodology.
1 Real-Estate Tax Ranking 2 Vehicle Property Tax Ranking 3 Ask the Experts 4 Methodology Real-Estate Tax Ranking 115151Rank
State
Effective Real-Estate Tax Rate
Annual Taxes on $179K Home*
State Median Home Value
Annual Taxes on Home Priced at State Median Value
*$178,600 is the median home value in the U.S. as of 2015, the year of the most recent available data.
Changes to Real Estate Tax Rates Over TimeIt looks like that I am living in one of highest property tax states. Illinois state, county, and city financial situation is terrible. Chicago is another Detroit if we don't have diversified industries and geographical location. 2 of last 3 governers are in jail for corruption. Thank you all for your replies.