Originally Posted by
CX500T
And some states you think would be cheaper, aren't.
Move from VA to NJ.
My property tax, on my house went up. That's it. Everything else went down.
Income tax, effective rate lower (not by much, but 5.6% vs 5.85%)
Property tax on the house, about double as a percentage. ($6k on a house that I sold for $600k, NJ $20k on a $1.1M house)
Not paying $10,000 in taxes on vehicles I already paid tax on when I bought them. City of VA Beach was getting $5000 for my pickup, $2800 for my wife's Expedition, $1100 for my airport beater (25 year old pickup), $1500 for my camper, $300 for one motorcycle, $400 for another motorcyle.
I'm actually paying about $1145 a year less in taxes, in total here in NJ. But I have a much larger, much nicer house, on 9 acres vs my 1400sqft 3/2 brick ranch on 1/4 acre.
If I had gotten a comparable house, it would have been far cheaper.
And yeah, TX really gets you on property taxes. I've had more than a few friends/relative go there, buy something, then start freaking out because the ISD, MUD and other taxes go up as neighborhoods get built out.
That sounds like your property tax is around 2%?
Isn't that pretty high?
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