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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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Property taxes by region
Old 10-15-2016, 06:59 PM   #1
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Property taxes by region

Intrigued by other posts recently, so I thought I'd offer a poll based on what percentage of your primary home value you pay in property taxes.

Ignore any homestead/over 65 type exemptions; just report the rate as if you were not qualified for those.

In my case (Kentucky), it's just about 1.5% of my assessed home value.

It would be nice, although not required, if you could post your state/province/country.
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Old 10-15-2016, 07:09 PM   #2
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about $10k on a $700k home, Middlesex County, Mass
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Old 10-15-2016, 07:13 PM   #3
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There is no category for <0.5%, so I can't answer the poll.
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Old 10-15-2016, 07:15 PM   #4
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The question is whether the appraised value is what your property is actually worth or is it more or less. Alabama appraised values are pretty accurate on a well maintained home. My county property taxes are about 2.75% to 3% or appraisal. City taxes will double that.

My wife was disabled, and we have no property taxes on our main house.

Surrounding states have property taxes that are substantially more.
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Old 10-15-2016, 07:17 PM   #5
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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.
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Old 10-15-2016, 07:31 PM   #6
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My old house had property taxes that were 0.59% of the appraised assessed value. Not sure yet on my dream home but I'll be finding out in about a month. It will probably be the same percentage, although the appraisal assessment was bumped up to the sales price when I bought it.

We have some of the lowest property taxes in the country, although there are a few other locations that are even better. BUT, if they don't get you one way, they'll get you another. Our sales tax is 9.75%.

(Edited to change "appraised" to "assessed". As someone pointed out below, the term that is relevant to taxes is "assessed".)
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Old 10-15-2016, 07:38 PM   #7
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Tax bill just came today;

CA prop 13, 1% of assessed value $194,256 = $1942
Bonds, direct costs and other fees = $219

Total $2,161

House value $350,000
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Old 10-15-2016, 07:39 PM   #8
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About 1.5% here in MO. 8% sales taxes. When I think it is bad I think of my friends in Chicago. Their house taxes are 7k to 15k depending on the house.
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Old 10-15-2016, 07:43 PM   #9
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I just closed on a house in small town Wisconsin and I will be paying approx. 2.25% of appraised value. That seems very high to me but we do have good schools, police, fire....
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Old 10-15-2016, 07:47 PM   #10
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Quote:
Originally Posted by W2R View Post
My old house had property taxes that were 0.59% of the appraised value. Not sure yet on my dream home but I'll be finding out in about a month. It will probably be the same percentage, although the appraisal was bumped up to the sales price when I bought it.

We have some of the lowest property taxes in the country, although there are a few other locations that are even better. BUT, if they don't get you one way, they'll get you another. Our sales tax is 9.75%.
Since i'm a relatively low spender I would prefer a system like you have rather than mine. I pay 2.25% property tax but just 5% sales tax(0% on food).
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Old 10-15-2016, 07:58 PM   #11
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Without state-run school/property tax rebates, mine is between 2.5% and 3%. I live in a co-op apartment in high-property-tax Nassau County (Long Island) New York. With those rebates, it drops in half.
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Old 10-15-2016, 08:00 PM   #12
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Quote:
Originally Posted by aaronc879 View Post
Since i'm a relatively low spender I would prefer a system like you have rather than mine. I pay 2.25% property tax but just 5% sales tax(0% on food).
I like this arrangement too, because I think it is easier to control when misfortune strikes. If I lost a bunch in the market, I'd be spending less so my sales tax would be less. But, my property tax would be the same.
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Old 10-15-2016, 08:16 PM   #13
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Quote:
Originally Posted by Bamaman View Post
The question is whether the appraised value is what your property is actually worth or is it more or less. Alabama appraised values are pretty accurate on a well maintained home. ....
This.

I did not answer poll because OP references "primary home assessed value" in poll, while referencing "primary home value" in initial post. Two very different things and the relationship between them varies across taxing jurisdictions.

Just refinanced with appraisal of 700K to 900K ("as is" versus developer...)

Taking the lower number, my property taxes are 0.27% of last month's appraisal of our house and land. N.B.--we live on a "farm" and similar appraised value would have a much higher property tax percentage in the city core.

OTOH, the county has us as "appraised value" of 305,200 (despite buying for 600K some years ago), and an "assessed value" of $76,300. Tax is 1922. So that is 2.5% of the assessed value.

Thus, our answer can be 0.27% (or lower) or 2.5%.

FWIW, We are 10 miles from Nashville airport.
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Old 10-15-2016, 08:20 PM   #14
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Before property tax relief our 2016 property taxes are about 2.25% of tax appraised value and about 1.9% after property tax relief.

Our appraised value is probably about 70-75% of fair value (mortgage loan appraisal value/fair value).

So if in relation to fair value the rates are probably 1.6% and 1.4%, respectively.

In rural, northeastern Vermont, but waterfront, which adds to the value/tax bill.
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Old 10-15-2016, 08:58 PM   #15
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Quote:
Originally Posted by Another Reader View Post
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.
+1
For those who have owned property for some time in the insanely appreciated parts of California, proposition 13 is a sweet deal.
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Old 10-15-2016, 09:01 PM   #16
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$4,200 (2.3%) on a $180,000 home. 6% state sales tax. Erie County, Pennsylvania.
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Old 10-15-2016, 09:09 PM   #17
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In Tx living outside city limits and over 65 5786 on an asessed value of 347k for 1.66. now if I were within the nearby city limits taxes would be about 7736 or 2.2%. This does show by choice of location you can control some property taxes, but of course you pay for trash pickup 500/year and pay more for water service (septic tank where I live however)
So the choice of incorporated or unincorporated does make a difference in Tx.
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Old 10-15-2016, 09:17 PM   #18
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$6700 on an assessed value of $1.03 million. Property taxes in Calgary are some of the lowest in Canada.
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Old 10-15-2016, 09:21 PM   #19
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Property taxes here in CT are dependent on the town in which you live. In my town, the mill rate is currently 27.83, meaning we pay 2.783% of the assessed value of the property, which is supposed to be 70% of the fair market value. We also pay the same rate on the value of our cars.

The mill rates in CT's 169 towns range from around 11 to 74. Yes, in some towns, your taxes are 7.4% of assessed value (approx. 5.2% of fair market value) every year.
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Old 10-15-2016, 09:36 PM   #20
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2% property tax
7% sales tax
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