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Old 02-26-2016 | 10:39 AM
  #31  
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A lot of great advice on here, thank you!

For those of you who moved to Illinois, how many of you would leave if you had the chance? I've been looking at Houston and thinking that it would be a better move financially. I'm not sure that I want to give Illinois 5% in income tax for the privilege of living here...
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Old 02-26-2016 | 02:46 PM
  #32  
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Originally Posted by PacNWflyer
I'm not sure that I want to give Illinois 5% in income tax for the privilege of living here...
3.75%... for now. Even if it was 5%, which it may go back to, that's pretty inexpensive for state income tax (most of our hub states have higher state income tax rates, obviously excluding TX).
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Old 02-26-2016 | 03:52 PM
  #33  
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Originally Posted by PacNWflyer
A lot of great advice on here, thank you!

For those of you who moved to Illinois, how many of you would leave if you had the chance? I've been looking at Houston and thinking that it would be a better move financially. I'm not sure that I want to give Illinois 5% in income tax for the privilege of living here...
What will really get you attention is the property taxes. Another issue with the state of Illinois is the state is in a terrible financial crisis with no end in site. A pension obligation they can't come close to meeting and grows every day. They have no idea how to solve the problems and the folks that are running the show are not fixing the problems other than raising taxes. Many people that can are leaving the state of Illinois.
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Old 02-26-2016 | 09:38 PM
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Originally Posted by Synixman
Not to jack the OP's thread too much, but it already sorta went there. Long time lurker but wanted to ask the same about living in WI and being based out of ORD. Wife and I are both from Milwaukee area and being back by family is a serious consideration as we start having kiddos and I'm out of the Navy.

Looking specifically at Wauwatosa and making the drive down I-94. Is that reasonable? Where else in SE WI are people living and making the drive into ORD?

I live in the village in Tosa and drive regularly to ORD. The drive is easy....usually 1:15 and at most 1:25 unless it's bad winter wx.
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Old 02-27-2016 | 02:41 AM
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Originally Posted by b82rez
I live in the village in Tosa and drive regularly to ORD. The drive is easy....usually 1:15 and at most 1:25 unless it's bad winter wx.
Thanks! I'll file that away.
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Old 02-27-2016 | 04:27 AM
  #36  
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Six figure income? Illinois wants you - uh, I mean needs you.

Ranking the States by Fiscal Condition | Mercatus
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Old 02-27-2016 | 06:00 AM
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Speaking of WI, there are a handful of us in the Elkhorn/Lake Geneva/Williams Bay area, making the drive down. It's usually a once a week venture to ORD.
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Old 02-27-2016 | 06:28 AM
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Originally Posted by PacNWflyer
A lot of great advice on here, thank you!

For those of you who moved to Illinois, how many of you would leave if you had the chance? I've been looking at Houston and thinking that it would be a better move financially. I'm not sure that I want to give Illinois 5% in income tax for the privilege of living here...
I've never been impressed with the Houston area. Bizarre or even non-existent urban planning, nice areas next to completely blighted areas and an economy built primarily around the energy sector - which is headed downward. I'm sure you know some places are inexpensive for a reason.
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Old 02-27-2016 | 07:44 AM
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Originally Posted by PacNWflyer
A lot of great advice on here, thank you!

For those of you who moved to Illinois, how many of you would leave if you had the chance? I've been looking at Houston and thinking that it would be a better move financially. I'm not sure that I want to give Illinois 5% in income tax for the privilege of living here...
If you're willing to pay Houston property taxes... Just move to Chicago. The extra 3.75% state income tax will be only a slight overall increase for a way better location.

It was 5% for a short time, state legislature put a sunset on the increase which expired.
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Old 02-27-2016 | 02:28 PM
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Originally Posted by ManFlex
I've never been impressed with the Houston area. Bizarre or even non-existent urban planning, nice areas next to completely blighted areas and an economy built primarily around the energy sector - which is headed downward. I'm sure you know some places are inexpensive for a reason.
http://www.forbes.com/sites/erincarlyle/2015/01/27/americas-fastest-growing-cities-2015/#569eec2a6158
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