FedEx First Year Info for New Hires...

Reply Subscribe

Page 98 of 115

Thread Tools

Search this Thread

05-16-2021, 12:02 PM

#971

GOOP95

Line Holder

Joined APC: Nov 2013

Posts: 42

Quote:

Originally Posted by reandld

If you were a new hire based in MEM, would you move to Tennessee or Mississippi? I'm looking to escape the expensive NYC suburbs.

Single, no kids. Pretty much just work and go for walks. Looking to buy a "forever home" with at least an acre or two; prefer to be in the middle of nowhere.

Also have a couple of planes that I would need a hangar for in a airport somewhat near where I live.

Fewer taxes in MS but My family enjoys Germantown and Collierville community. All the shopping you need and want to buy local. Bit more of suburbia but the services are better.

Sent from my iPhone using Tapatalk Pro

05-16-2021, 05:54 PM

#972

NotMrNiceGuy

Gets Weekends Off

Joined APC: Oct 2015

Posts: 751

Quote:

Originally Posted by GOOP95

Fewer taxes in MS? How’s that?

No state income tax in TN. MS is 5% over $10K.

TN also has lower effective property tax compared to MS (0.65 in TN vs. 0.79 in MS).

MS has a 7% sales tax compared to 7% in TN.

05-16-2021, 05:55 PM

#973

GOOP95

Line Holder

Joined APC: Nov 2013

Posts: 42

Quote:

Originally Posted by NotMrNiceGuy

Property tax.

Sent from my iPhone using Tapatalk Pro

05-16-2021, 06:00 PM

#974

reandld

Banned

Joined APC: Dec 2016

Position: Sitting

Posts: 223

So it sounds like if I buy an inexpensive house, I'll pocket more money living in TN. I'll save on income taxes and won't have huge property taxes since I won't be buying a McMansion.

05-16-2021, 06:32 PM

#975

PurpleToolBox

Gets Weekends Off

Joined APC: Apr 2013

Posts: 1,622

Quote:

Originally Posted by GOOP95

Absolutely no freaking way. I live in TN and yes MS has some nice land available, you're going to pay a lot more in MS than in TN. It's simple math.

05-16-2021, 07:11 PM

#976

Thrust Hold

Gets Weekends Off

Joined APC: Jun 2018

Position: 757 CA

Posts: 594

Quote:

Originally Posted by reandld

So it sounds like if I buy an inexpensive house, I'll pocket more money living in TN. I'll save on income taxes and won't have huge property taxes since I won't be buying a McMansion.

McMansion or not. You will spend $100-300K more on a home up in Germantown, Collierville, Piperton or Eads.

05-17-2021, 03:03 AM

#977

2BEER

Line Holder

Joined APC: Nov 2010

Posts: 75

Quote:

Originally Posted by reandld

You can’t really go wrong either way. Cost of living in TN or MS will be a lot less than you’re currently used to in NY. If you want to be in an airpark we have one or maybe two of those within reserve callout distance of MEM on the MS side. Not sure about the TN side, but you may be looking at getting out to Fayette Co. for something like that. Hangar space is really difficult to find. It’s one of the reasons we chose to live in an airpark. I don’t have an airplane yet but when the time comes I don’t want to be scrambling for hangar space. Plus, I don’t have to drive to an airport to fly for fun. Just a few steps out my back door and I’m in my hangar. Check out H75 on airnav.com. Swing by some time when you’re in town and take a drive through the neighborhood.

We chose MS and couldn’t be happier.