[goldstategop]

Property taxes are the chief reason people are leaving the Northeast in droves.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

[NTW64]

Our little rancher in Camden county “$6,500”. The house we are moving to in Gloucester county “$11,000”. South Jersey...

[Globalist Goon]

“big property tax bill really hurts”

If our family is fortunate enough to be granted back some taxes, we have to turn around and give it right back for our property taxes.

So in reality, we don’t actually own our land and have no say in where to spend our income....no thanks to both parties.

[Eepsy]

My grandparents live on Long Island. They pay far more in property taxes than they ever did in mortgage.

[Mr_Moonlight]

Things aren't much better in New York

Well, somebody has to pay for Joe Bruno's use of helicopters for state/fund-raising political purposes, as well as Eliot Spitzer's [mis]use of State Police resources to gather dirt on said political foe, for political purposes ... as well as investigations/whitewash by the AG and DA on said political actions ... as well as ..... ad infinitum .... some things never change .......

/major sarcasm off

[Swanks]

Last year, the median yearly property tax bill amounted to a whopping $7,999

Bogus! My inlaws escaped NJ where they were $12,000 prop. taxes. No on in that town knows anyone who pays under $8,000...with most in the $10,000 to $12,000 range.

The people who make up these 'stats' are liars sent out to lie for the Democrats who are scared a $12,000 tax hit will drive out of state transfers away. I met one guy this year who pays $25,000 per year in prop. tax.

Of course, you have to pay $6,000 to $12,000 more to keep the corrupt legislature in office. [To date, 117 elected officials either in jail or under indictment].

Should be double that.

[proxy_user]

If your household income is not at least $250K, why hang around these areas?

The answer is, that many people’s income is at least $250K, and they couldn’t make that anywhere else.

[mamelukesabre]

Property is worth more in the east. These numbers are meaningless. Tax rate is what matters.

[Diana in Wisconsin]

North, to Alaska. :)

[ridesthemiles]

Wisconsin is way too high, also.

[Gay State Conservative]

A couple of years ago I toyed with the idea of buying investment property in Fair field County,CT or Westchester County,NY.Of course I was about 3 years too late for it was from about 2002 to 2005 that property in that area had appreciated by almost 100%.

But back to my point...in researching properties in Greenwich,CT and in Rye,NY (just over the border from Greenwich) houses which appeared to be very similar (price-wise and otherwise) in the two towns had **very** different tax bills...Greenwich having a bill of around $4,000 and Rye having a bill of $10,000-$12,000.

[Blood of Tyrants]

Inflated property values and inflated property taxes. My house is worth about the median for my area, about $200,000 give or take. My property taxes run about $700 a year.

[Wuli]

"Elsewhere, it's one or the other, not both. California properties are among the country's most expensive, but property tax rates there are a third what they are in the Northeast."

While that all might be very true, state INCOME taxes are much higher in California compared to New Jersey.

In New Jersey: If your income range is between $0 and $20,000, your tax rate on every dollar of income earned is 1.4%.

Whereas in California: If your income range is between $0 and $6,146, your tax rate on every dollar of income earned is 1%; between $6,147 and $14,570, the rate is 2% and between $14,571 and $22,996, your tax rate on every dollar of income earned is 4%.

In New Jersey: If your income range is between $20,001 and $35,000, your tax rate on every dollar of income earned is 1.75%; and if your income range is between $35,001 and $40,000, your tax rate on every dollar of income earned is 3.5%.

Whereas in California: If your income range is between $22,997 and $31,924, your tax rate on every dollar of income earned is 6% and if your income range is between $31,925 and $40,345, your tax rate on every dollar of income earned is 8%.

In New Jersey: If your income range is between $40,001 and $75,000, your tax rate on every dollar of income earned is 5.525%.

or between $75,001 and $500,000, your tax rate on every dollar of income earned is 6.37%;

or $500,001 and over, your tax rate on every dollar of income earned is 8.97%.

However, in California ALL your income at $40,346 and over, the tax rate on every dollar of income earned is 9.3%.

I have always thought of California as more "progressive" than New Jersey, but while the NJ top rate is only slightly less than in California (8.98% vs 9.3%), you reach the top rate in California almost $460,000 sooner than you do in New Jersey.

http://swz.salary.com/salarywizard/layouthtmls/swzl_statetaxrate_NJ.html

[Agent Smith]

Ok you whining little girlie men here is a real tax role.

http://www.bronxville.us/photo.htm

[billorites]

"Property taxes are the chief reason people are leaving the Northeast in droves."

I live in New Hampshire and pay over 10K taxes for a 3 bedroom house on an acre (waterfront) lot.

I have no children in public school, no garbage pickup, no nothing so far as town services.

I'd rather cash out and move to Mexico.

[Cosmo]

These Westchester County taxes sound on the low side. I know my father was forking over well over 20 grand a year on his Westchester home in the late 80s. And no, it wasnt what you would call a mansion.