RE: Texas has very high property taxes. They get you one way or the other.
Interested to learn how high is high ... In Nassau County, Long Island, property taxes average $9,500 a year.
In Bergen County, NJ it averages $9.000 a year.
Five counties in New Jersey had average annual burdens topping $8,000.
Can Texas top that?
Probably not....but you are talking New York. Lol.
Oops sorry and New Jersey.
Yes, taxes are relative. Also, there’s sales tax (or lack thereof) and hidden fees and assessments.
I can’t address these numbers.
But can say that my brother, who owns a 2500 sq. ft. home in upstate New York, market value of about $450,000, pays $12,000 a year in property taxes.
I own a home in the San Diego area, valued about $500,000, about 1800 sq. ft, with property taxes of about $3200 annually.
Tax rates vary widely. California does cut us a break on property taxes due to Proposition 13. On the other hand, California has among the highest gas and state income taxes in the country.
It would be interesting to compare places around the country, to see what the total tax burden of living in various places is. As noted, California property taxes are lower than many places, but California has some other taxes which are much higher than elsewhere.
My part of Texas can beat that. I can’t find the numbers by counties but going individually off the tax records for down my street, most are around $9k to $12k. Thankfully, mine is one of the exceptions but it keeps going up the max 10% every year so it won’t be long. But we’ll have already had to move out before that. When we moved in, taxes cost 2 weeks of income. Today, they’re over 3 months thanks to all the Californians moving in.