$12,000.00 in property taxes in one year?
We pay $1175.00 for almost 3,000 sq feet, 4 bed, 3 bath built in the mid-70’s.
Not in Cobb, right? Paulding? Bartow? Cherokee?
States that don’t have an income tax have to make up for it with higher property tax rates. In areas of Texas, for example, you can buy a palace for $1 mil (there’s one listed right now that’s 6000 sq ft on a third of an acre) but your property taxes are $22,526/ year. In Denver, where we have a 5% state income tax rate, the property taxes on a $1.1 mil house are about $5,000.