Originally Posted by
PurpleToolBox
I suspect you haven't lived in the Northeast or California. In NJ, a modest 3-2 home on a 1/4 acre was running me $10K a year property taxes. Then there were the local township taxes, school taxes, and NJ state taxes (6.4%).
Texas is a income free tax state and if you're only paying 3% overall, you're doing very good. This is why people are fleeing CA and the Northeast and Texas is booming.
Your suspicion is incorrect. I have lived in California...for 5 of the last 10 years in fact. My property taxes in CA were a fraction of my property taxes in the metroplex...less than a third. (I was fortunate enough not to pay any state income taxes while in CA though.)
I think the fact that Texas has no income tax is fairly common knowledge. People may be surprised to learn,however, that the property taxes are so high (which is why I mentioned it)...especially compared to other no income states, like FL for example. Living in the northeast...not even an option, consideration or thought for me...but, anyway, thanks for the input!