jump to last post 1-2 of 2 discussions (6 posts)

What countries and American states have the highest and lowest property taxes?

  1. Ari Lamstein profile image80
    Ari Lamsteinposted 5 years ago

    What countries and American states have the highest and lowest property taxes?

    Are there any American states or countries in the world that have no property taxes?

    https://usercontent1.hubstatic.com/6966340_f260.jpg

  2. LandmarkWealth profile image79
    LandmarkWealthposted 5 years ago

    For the most part the further south and west you go the taxes go down quite a bit. At least until you hit California.  The key is looking at how many other taxes exist to offset the low property taxes.  California is relatively low compared to the Tri-State area.  Yet there's plenty of other costs that are substantial.  State Income, Sales, Estate, small business taxes etc. 

    I believe the three lowest in terms of just property taxes are LA, AL & WV. 
    NY, NJ, & CT have to be in the top three or four.  I live in NY and I am over 12k a year in property taxes on house that is about 2,500 square ft.

    1. Ari Lamstein profile image80
      Ari Lamsteinposted 5 years agoin reply to this

      Great answer.  Do you know of any place where I can see the numbers on these taxes?  For example, when you say that LA, AL and WV are low, what number are they?

    2. LandmarkWealth profile image79
      LandmarkWealthposted 5 years agoin reply to this

      I would bet you can can get it from the tax foundation, although I haven't looked it up.  Also probably Zillow would have data on this. 

      http://taxfoundation.org/
      http://www.zillow.com/

    3. Ari Lamstein profile image80
      Ari Lamsteinposted 5 years agoin reply to this

      Thanks LandmarkWealth.  I had never heard of The Tax Foundation before, but they do indeed have that information (for example see http://bit.ly/OF7JQj).

    4. LandmarkWealth profile image79
      LandmarkWealthposted 5 years agoin reply to this

      No Problem...Another good resource for more complete tax info on a variety of issues is the tax policy center. 

      http://www.taxpolicycenter.org/index.cfm

 
working