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edjr

Average Property Tax on Median Value U.S. Home ($430,848*)

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Illinois $7,927
New Jersey $6,548
Connecticut $6,074
Texas $5,945
Ohio $5,816
Wisconsin $5,557
Nebraska $5,557
Iowa $5,471
Pennsylvania $5,428
Kansas $5,428
New Hampshire $5,342
Vermont $5,256
South Dakota $4,782
Michigan $4,653
Minnesota $4,351
Massachusetts $4,136
North Dakota $4,136
Rhode Island $4,049
Alaska $4,049
Florida $3,877
Maine $3,834
Oklahoma $3,791
Maryland $3,662
Missouri $3,662
Oregon $3,619
Indiana $3,619
New York $3,532
Georgia $3,532
Virginia $3,489
Washington $3,360
Kentucky $3,317
Louisiana $3,317
District of Columbia $3,059
California $2,972
Montana $2,886
New Mexico $2,757
Mississippi $2,757
North Carolina $2,671
Arkansas $2,585
South Carolina $2,369
Wyoming $2,240
Colorado $2,154
West Virginia $2,154
Nevada $2,068
Utah $1,981
Tennessee $1,981
Hawaii $1,809
Idaho $1,809
Arizona $1,766
Alabama $1,766
Delaware

$1,723

 

 

Not all states have sales tax and income tax, like Taxachusetts does.

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3 minutes ago, supermike80 said:

Holy Crap Illinois.   That's crazy

Being a liberal hellhole, I have to assume they pay high sales and income tax

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Some of these are stupid high, but I don’t understand the argument going around recently that we should get rid of property taxes completely…

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5 minutes ago, edjr said:

Being a liberal hellhole, I have to assume they pay high sales and income tax

Michigan too.   4.5% income tax.  6% sales...but 0% on food

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Payroll taxes, income taxes, property taxes, capital gains taxes, estate taxes, sin taxes, licensing fees, sales taxes, tariffs...somehow we're 37 trillion in debt.

 

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9 minutes ago, supermike80 said:

Michigan too.   4.5% income tax.  6% sales...but 0% on food

Massachusetts
5% income tax
6.25% salestax
6.25% prepared meals tax - In addition to the state tax, many cities and towns have adopted a local meals excise tax of 0.75%, bringing the total tax rate to 7%.
$9.72 per $1,000 property tax (where I live)
$.24 per gallon Gas tax
 

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25 minutes ago, edjr said:

Massachusetts
5% income tax
6.25% salestax
6.25% prepared meals tax - In addition to the state tax, many cities and towns have adopted a local meals excise tax of 0.75%, bringing the total tax rate to 7%.
$9.72 per $1,000 property tax (where I live)
$.24 per gallon Gas tax
 

Is the prepared meals tax over and above the sales tax?

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1 minute ago, supermike80 said:

Is the prepared meals tax over and above the sales tax?

No. 

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Just now, edjr said:

No. 

Michigan's gas tax is .31

So looks like we have similar tax rates.  

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Tax his land, tax his wage,

Tax his bed in which he lays.

Tax his tractor, tax his mule,

Teach him taxes is the rule.

 

Tax his cow, tax his goat,

Tax his pants, tax his coat.

Tax his ties, tax his shirts,

Tax his work, tax his dirt.

 

Tax his chew, tax his smoke,

Teach him taxes are no joke.

Tax his car, tax his grass,

Tax the roads he must pass.

 

Tax his food, tax his drink,

Tax him if he tries to think.

Tax his sodas, tax his beers,

If he cries, tax his tears.

 

Tax his bills, tax his gas,

Tax his notes, tax his cash.

Tax him good and let him know

That after taxes, he has no dough.

 

If he hollers, tax him more,

Tax him until he’s good and sore.

Tax his coffin, tax his grave,

Tax the sod in which he lays.

 

Put these words upon his tomb,

"Taxes drove me to my doom!"

And when he’s gone, we won’t relax,

We’ll still be after the inheritance tax.

 

 

 

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The combined city of Chicago sales tax is 10.25%  That's city, county and state.

Jeez

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1 minute ago, supermike80 said:

Michigan's gas tax is .31

So looks like we have similar tax rates.  

people call Trump a dicktater. Why didn't Biden cancel all federal taxes? Kings and Dicktaters tax their people. 

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It drives me crazy people keep voting for more taxes where I live.

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1 minute ago, supermike80 said:

The combined city of Chicago sales tax is 10.25%  That's city, county and state.

Jeez

What about excise tax? 

Taxachusetts - The excise rate is $25 per $1,000 of your vehicle's value.

When you buy a new car, you get slammed. When I bought mine new in 2020, ( I bought in June) I had to pay like 750 for the year of 2020 and then come the start of 2021 I paid like 800

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5 minutes ago, edjr said:

What about excise tax? 

Taxachusetts - The excise rate is $25 per $1,000 of your vehicle's value.

When you buy a new car, you get slammed. When I bought mine new in 2020, ( I bought in June) I had to pay like 750 for the year of 2020 and then come the start of 2021 I paid like 800

No excise tax on cars in Michigan.  So we got that going for us, which is nice.

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Living in the Northeast, this isn’t surprising. If anything it looks low.

I just pulled up NJ on Xillow and scrolled until I found a home around the median home value. First one I found was $425k and in Stillwater NJ, northwest part of the state about 65 miles from NYC. Property taxes are $8400. 

A family member lives in a modest house in Audubon NJ, maybe 20 miles from Philly, middle class suburb. I’m sure his property taxes are $10k or more.

 

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1 minute ago, MDC said:

Living in the Northeast, this isn’t surprising. If anything it looks low.

I just pulled up NJ on Xillow and scrolled until I found a home around the median home value. First one I found was $425k and in Stillwater NJ, northwest part of the state about 65 miles from NYC. Property taxes are $8400. 

A family member lives in a modest house in Audubon NJ, maybe 20 miles from Philly, middle class suburb. I’m sure his property taxes are $10k or more.

 

Where I live (on the ocean) we pay way more in insurance. I just looked and my place is 65 feet above sea level.  Not sure how many floods will come that high 🙄

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Prop 13 probably makes CA look low.  Anyone buying in the last 10-20 years is probably paying significantly more than Ed's chart indicates 

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That table doesn't tell the whole story. It's tax assessed value.  Two states near each other in the table and my property tax went down 80% when I moved.   First state assessed taxes were at 95% of real property value.  New state is at 55%.    

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43 minutes ago, supermike80 said:

The combined city of Chicago sales tax is 10.25%  That's city, county and state.

Jeez

About the same as TN, but TN doesn't have any income, capital gains, retirement, and very low property.   

About the same as WA too, with super high property tax and capital gains.   

No idea why anyone would work and live in Illinois.  🤣

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1 hour ago, lickin_starfish said:

Payroll taxes, income taxes, property taxes, capital gains taxes, estate taxes, sin taxes, licensing fees, sales taxes, tariffs...somehow we're 37 trillion in debt.

 

We've let the HS rejects run this country for far too long.

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48 minutes ago, edjr said:

What about excise tax? 

Taxachusetts - The excise rate is $25 per $1,000 of your vehicle's value.

When you buy a new car, you get slammed. When I bought mine new in 2020, ( I bought in June) I had to pay like 750 for the year of 2020 and then come the start of 2021 I paid like 800

Excise tax is such a ripoff. You pay sales tax for your vehicle when you register it...THEN every year, you pay ANOTHER tax on it. EXCISE is a tax on privileges. Having a vehicle is a NECESSITY for most people. 

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21 minutes ago, Dizkneelande said:

Massachusetts has 351 municipalities so that avg. is skewed towards all the hicks. My annual here is 13k

Jesus, where do you live and how big is your house? I Iive in the Merrimack Valley in a typical 3 bedroom suburban family home, and I pay ~$5500 per year.

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1 hour ago, Thornton Melon said:

Jesus, where do you live and how big is your house? I Iive in the Merrimack Valley in a typical 3 bedroom suburban family home, and I pay ~$5500 per year.

Rates in the valley can vary widely....here in North Andover it's $11.26 per 1000

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4 hours ago, edjr said:

Massachusetts
5% income tax
6.25% salestax
6.25% prepared meals tax - In addition to the state tax, many cities and towns have adopted a local meals excise tax of 0.75%, bringing the total tax rate to 7%.
$9.72 per $1,000 property tax (where I live)
$.24 per gallon Gas tax
 

I paid 10.9k in Wilmington my last year and in Florida 3.7k on a new build with other fees rolled in. We had a nice place in MA but it wasn’t a McMansion

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The roads still suck. Fockin disgrace. 

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10 minutes ago, HellToupee said:

I paid 10.9k in Wilmington my last year and in Florida 3.7k on a new build with other fees rolled in. We had a nice place in MA but it wasn’t a McMansion

Oh lets not forget about water/sewer tax. My building with 4 condos in it, was 2200 last quarter :doh: 

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4 hours ago, lickin_starfish said:

Payroll taxes, income taxes, property taxes, capital gains taxes, estate taxes, sin taxes, licensing fees, sales taxes, tariffs...somehow we're 37 trillion in debt.

 

We spend too much money on things that don't need supporting.

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6 hours ago, edjr said:

6.25% prepared meals tax - In addition to the state tax, many cities and towns have adopted a local meals excise tax of 0.75%, bringing the total tax rate to 7%.

With the local add-ons, prepared food tax @ 8.40% in Mankato Minnesota last I checked. 

Just looked at a bill from cub foods. Candy is taxed, but it varies by brand/ingredient. 

Non-taxable items (exempt from tax as "food")
Includes flour: If an item contains flour as an ingredient, it is not considered candy and is generally not taxed. For this reason, a Kit Kat bar is not taxed, while a Snickers bar is.

I'm sure this is to protect farmers. Minnesota DFL stands for the Democratic-Farmer-Labor Party

Minnesota would be higher on the list if they included things like this. 

https://www.twincities.com/2019/08/20/many-minnesota-cities-collect-too-much-in-building-fees-study-says/

 

 

And of course there's all kinds of soda taxes. I think most states/cities charge this. Penn & Teller explain the hypocrisy far better than I ever could.

 

 

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