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View Poll Results: Property taxes as percentage of primary home assessed value
> 0.5% 25 14.88%
> 1% 57 33.93%
> 1.5% 34 20.24%
> 2% 18 10.71%
> 2.5% 16 9.52%
> 3% 4 2.38%
> 3.5% 3 1.79%
> 4% 1 0.60%
> 4.5% 2 1.19%
> 5% 0 0%
> 5.5% 0 0%
> 6% 1 0.60%
> 6.5% 0 0%
> 7% 2 1.19%
< 8% 1 0.60%
< 9% 0 0%
< 10% 1 0.60%
< 11% 2 1.19%
< 12% 0 0%
12 or more% 1 0.60%
Voters: 168. You may not vote on this poll

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Old 10-15-2016, 09:58 PM   #21
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In California, the base rate is 1 percent. With all the fees, parcel taxes, and other silliness it's a little over 1.5 percent. That does not include the garbage bill, which the City managed to attach to the property tax bill.
The base rate is 1% of purchase price. It doesn't rise as house value rises.
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Old 10-15-2016, 10:01 PM   #22
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Just looked up the rates for my county. Three years in a row 1.122 millage with a separate amount for fire and rescue of .0705. My assessed value went up again but is still under market value per recent sales. That is in Northern Virginia-
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Old 10-15-2016, 10:11 PM   #23
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For Texas I found a link with the average taxes paid per county (the link to each county provides the house value as well as the tax paid and percent of assessed value):Texas Property Taxes By County - 2016
With this you can get some idea of the variation. Other sites can show the home price variation (largely due to land prices).
But in any case it clear that if you are retired and can live anywhere you can control property taxes from 1% up to 2+% by picking where to live . (It should be noted that the lowest taxes are in small towns in the middle of nowhere- pop 3 to 5k, but then auto insurance is in general lower there also as there are fewer folks to run into you). Big cities tend to have the highest taxes due to property values and higher taxes.

As hinted above I suspect this is true no matter what state you live in (Ct seems to be about the same)
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Old 10-15-2016, 10:53 PM   #24
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1.8% ($10,420.37 on an assessed value of $577,040.00 for 2015) in Brevard County FL.
6.5% Sales Tax (6% FL and .5% County).
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Old 10-16-2016, 12:48 AM   #25
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I pay $3800 on a house worth about $350K in Albuquerque, NM so a little over 1%. The house is less than a mile from the Rio Grande river so that increases my property taxes 10% for a conservancy fee. My taxes go up about $200 every year.

Albuquerque property taxes are higher than in other New Mexico cities where the average is closer to 0.5%. But we have more city and county services, support a community college which is low cost to students, and support the university teaching hospital which treats the indigent, has a Newborn ICU, has the state's only Level 1 trauma center, etc. Being the hub of the state costs more.
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Old 10-16-2016, 04:33 AM   #26
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Property tax in Hawaii is one of the lowest in the nation, if not the lowest. We paid just over $2,200 on a home assessed at $726k...or about 0.30%
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Old 10-16-2016, 07:28 AM   #27
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0.9% on a 10 year old lakeside home in Nebraska.
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Old 10-16-2016, 08:07 AM   #28
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My property taxes are $4500 per year and always going up. Assessed value of my house is $48,800. Market value is $160,000 I estimate. So.... based on my assessed value I am paying 9.3 % per year, every year forever. Based on my market value, I am paying only 2.8 %. I'm in Pa. Sales tax 6 %. I get free concerts at a nearby community center. Maybe the property taxes are paying for that.
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Old 10-16-2016, 08:12 AM   #29
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1.67% in far southwest suburban Chicago
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Old 10-16-2016, 08:23 AM   #30
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In rural Ontario, and pay 1.2% of assessed value or .09 of fair value. Electricity rates on the other hand...
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Old 10-16-2016, 08:32 AM   #31
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Originally Posted by John Galt III View Post
My property taxes are $4500 per year and always going up. Assessed value of my house is $48,800. Market value is $160,000 I estimate. So.... based on my assessed value I am paying 9.3 % per year, every year forever. Based on my market value, I am paying only 2.8 %. I'm in Pa. Sales tax 6 %. I get free concerts at a nearby community center. Maybe the property taxes are paying for that.

It sounds like you are paying way too much. In PA property taxes are complicated. There's county tax, school tax, and other taxes. Go to your county and township websites and find out what your tax rate should be, the mil rate that is. Then look at your tax bills and see what you are paying. There must be a mistake somewhere. In our township, we pay about 2.5% between township and school taxes.

An example: In 2010 we went through reassessment and realized our house was over assessed by 25%, as well as most of the houses. Our county used a faulty formula. We had our house appraised for tax purposes, submitted a report to the county, and had our taxes reduced significantly. The folks working at the assessor office also live here. They were amazingly cooperative. I remember lines out the door that year in the assessor's office due to the mistake. Some people I know didn't seem to care. We did. We spent a few hundreds and saved thousands.
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Old 10-16-2016, 08:34 AM   #32
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In Connecticut, our property taxes are 2.5% of assessment value and 1.8% of appraisal value (fair market value). Assessment values here are 70% of appraisal values statewide.
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Old 10-16-2016, 08:58 AM   #33
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We live in South Florida. The proposed 2016 property tax will be 1.6% of the assessed value (after homestead). The assessed value is about 62% of the market value, so the proposed tax is about 1% of the market value.
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Old 10-16-2016, 09:12 AM   #34
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I am in Los Angeles county. I just received my bill with tax $4444.57.

The assessed value is $353K so tax is 1.26%.
Zillow estimates $600K, so 0.74%.

The true number must be somewhere in between.
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Old 10-16-2016, 09:37 AM   #35
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Hartford County CT: 3.11% of assessed value
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Old 10-16-2016, 10:03 AM   #36
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OK, I screwed up on this.
Where I have lived, the assessed value has always been at least pretty close to the market value. I forgot that this is not the case in many areas.

Sorry.
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Old 10-16-2016, 10:34 AM   #37
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$6K taxes on 375K market value home. 6% Sales. Lehigh Valley, PA.
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Old 10-16-2016, 10:38 AM   #38
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OK, I screwed up on this.
Where I have lived, the assessed value has always been at least pretty close to the market value. I forgot that this is not the case in many areas.

Sorry.
Yea, where I live the market value is about 35% more then the assessed value, so about .9% market and 1.25% assessed.
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Old 10-16-2016, 10:42 AM   #39
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For Texas I found a link with the average taxes paid per county (the link to each county provides the house value as well as the tax paid and percent of assessed value):Texas Property Taxes By County - 2016
With this you can get some idea of the variation. Other sites can show the home price variation (largely due to land prices).
But in any case it clear that if you are retired and can live anywhere you can control property taxes from 1% up to 2+% by picking where to live . (It should be noted that the lowest taxes are in small towns in the middle of nowhere- pop 3 to 5k, but then auto insurance is in general lower there also as there are fewer folks to run into you). Big cities tend to have the highest taxes due to property values and higher taxes.

As hinted above I suspect this is true no matter what state you live in (Ct seems to be about the same)
Very true. Moving just 100 miles from a larger populace makes a huge difference. Here in central Texas within 10 miles of Austin:

County tax rate: 0.383800
Healthcare District tax rate: 0.110541
School District tax rate: 1.515000
Community College District tax rate: 0.102000
MUD tax rate: 0.930000
ESD tax rate: 0.100000

Total Property Tax Rate: 3.141341%

Appraisal district appraised value is slightly below market value at $280K. After various homestead exemptions, taxes due this year equal $7,699. Without those exemptions the tax would be $8,345.

Texas homeowners 65 and over can "defer" property taxes; they don't have to pay them but they will accrue and be assessed an 8% per year deferral rate, the total of must be paid when ownership changes hands.

Sales tax is 8.25%

While Texas doesn't have a state income tax they certainly make up for it in other areas.
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Old 10-16-2016, 11:02 AM   #40
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Very difficult to compare one vs the next. Here we are supposed to be assessed on 1/3 the average of the last 3 yrs fair market value.

So I my assessed value is 71K (before any exemptions)

This would imply a 3 yr average fair mkt val of 213K

I think it is worth 250K (ish)

Taxes this yr were $6150

So what % number should I list? 8.7%; 2.9%; 2.5%?
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