Total property tax rate (school + city) is between 2.7 and 3 percent, depending on valuation. I live in an area with fairly moderate swings in valuation.
In small cities like mine, it's killing the housing stock, as taxes are increasing faster than wages, and people are deferring maintenance.
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Yeah some of the big states are fun.
I'm in NY, my property taxes are about 60% of my mortgage payment.
High property tax rate? High appreciation on your property? Or small mortgage?
Total property tax rate (school + city) is between 2.7 and 3 percent, depending on valuation. I live in an area with fairly moderate swings in valuation.
In small cities like mine, it's killing the housing stock, as taxes are increasing faster than wages, and people are deferring maintenance.