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Property taxes?

T

tlak

Well-known Member
What do some of you pay?
I have 2500 sqft house and 56 acres and pay $500. They jab us on other stuff, every bill that comes in has school and other taxes on it. And a state income tax.
 
Bout $1200 on a 1500 sft here in Ohio.

BTW - has anyone else added up all their taxes and calculated as a percent of income (fuel, sales, etc.. not just fed and state). Did mine a few years back and it was 43% of income went to some form of tax. Doubt it has got any less......
 
You're getting off easy, LOL.
I thought mine were low. 800 sg ft house, and 28 acres, and mine is around $500 a year. No services from the county except garbage removal.
 
2500 sq ft house, metal barn and machine shed, 8.5 acres, about $3,000 per year. No state income tax here, so they hit you hard on property taxes. I consider it a "voluntary" tax, for the most part, as you can choose to invest elsewhere if you want. And if you're a farmer or timber guy, tax is very low- another 30 acres, about half farm and half timber, taxes were 80 bucks last year.
 
I don't even want to think about that. I will say however that I'm satisfied with the service I get from the township and the schools. Some of the county services are good, as for where the rest of the tax dollars go, not so much.
 
Garbage removal!? I wish! We pay a little less than that for real estate taxes (we also have personal property taxes in Missouri) and that does not include trash.....every once in a while the county sends a grader down our road to make it look like they care....

Still, taxes here are rather low.

Christopher
 
62% now and if you work and have income you are tax free in August. Wait until the real tax changes begin in 2011.
 
$8,000 / year on 2600 sq. ft. house on five acres without any out buildings. That is paid for after income taxes so it really cost us close to $12,000 / year in property tax. The socialist State of MI also has income tax and will soon have a county taxes.
 
1.54 acres and a 600 SQ foot shack with no water, Rensselear county NY.. Between property and school, about $1500 a year. I bought similar property in Texas for what two years taxes would pay. Down there the same would be classified as storage building and would be taxed at $150 or so. Any wonder folks move from Pattersonstate?

Neither place provides any local services. Police in the town in TX are mostly funded by utility costs which is another story. I pay $56 a month for garbage sewer and water, about $50 - 100 depending on AC use for electric to the coop, and $20- 75 /mo for piped in Nat gas.

NY place has a dug well, old timey Septic, and a propane tank, NYSEG electric at $17 a month when I am not there up to $75 when I am.

Ny place is for sale.. The assessor seems to think it is worth 80K. Wish he'd buy it.
 
Here are many more taxes you pay. Sales,tax, auto license, driver's license. pet license, hunting license, gas tax, phone tax, alcohol tax, tobacco tax, luxury tax, gas guzzler tax, import taxes, business license tax, inspection fee taxes, toll road fees,
Who has more i didn't list?

Gordo
 
I pay $4600 a year on my 2800 ft house and 12 acres, I think that is awfully high. About 80% of it goes to the schools and they still keep coming back for more at each election.

I remember seeing a study on one of the counties budgets here in ohio a few months ago. Out of a total annual budget of say $100 Million dollars, they took care of roads, sheriif, fire protection etc with around $15 Million. The remainder of it went for entitlements (welfare, disability, unemployment etc.) Thats shocking to me.
 
Property taxes here aren't too bad. 360 acres about half tillable, twenty-five hundred square foot older farm house. $3600 a year. State and county total. I think that the county is doing a pretty good job with theirs but the state does not.
Sales tax is 7% and that eats up more of my money than property tax. Plus they base car license fees on value. My brother's new pickup truck costs him $900 per year. Plus they did away with the farm exemption on pickups.
 
My house is 1872 square feet and I have a 26" x 60" pole barn on 5 acres. Here in N.Y. we are billed for town and county taxes in January and school taxes in September. My property taxes run about $3,500 per year. The 2 bills are about equal. We also have a state income tax and a general sales tax, 8.25% in this county.
 
Wasn't it one of your good abundant buddies - maybe Joe nnalert - that said paying taxes is patriotic? What are you complaining about?
 
2070 sq. ft. house, 560 acres (roughly 235 crop acres, balance is woods and swamp) 2nd half is due the end of July...total is about $6700 this year.
 
37.58 acres (their count not mine) 1200+ home 60x64 barn. $700 (the whole place house and all is grandfathered into Farm Forrest)
Walt
 
County state and municipal add up to about 3100 on my 2200 sq ft townhouse section. I think its ridiculous.
 
I'm comparing, and it is low compared to my 1600 sqft, 1 acre, TX house at $1500 taxes and most on here. But then like you said "location" because the TX home bought this place.
Just curious because somebody posted earlier that what their brother paid in taxes would buy a decent house where he lived.
 
We pay somewhere just over 5000/year... for 2 houses, 6 barns and roughly 1000 acres of land. Most land is considered resource at no/minimal rate tho.
95% of that figure is on buildings.

Rod
 
1900' old farm house, 36X96 pole barn, old stable, few out buildings on 5.5 acres and then 56 acres of bottom ground 40ish tillable is a little under $500. Don't like pay'n it but it's better than most places!
 
Everybody should make sure you're getting the discounts or exemptions. I built my first house as I could afford it and for several years it was listed as 25%, 50%, 75% complete for those tax rates. You can get exemption for age or handicap. In our state handicap is just the age exemption early, you don't get both.
 
10.5 acres, 2100 sq ft house, 40x40 barn, 2 smaller sheds, about 2k per year. In Michigan, if you owned your home before 1994, you are probably paying a lot less in taxes. You can have 2 neighbor's, side by side in identical homes, and the property taxes can vary by huge amounts. I have looked at moving in years past, but if I bought a similar house, I would be more than doubling my tax bill. Now, if I wanted to move, I'd have to figure out what to do with 2 houses. Simply very little market here. Seems like the small, cheap houses are selling quickly.
 
2,400 sq ft house on 0.38 acre lot in rural western NY. Property taxes are $3,900. Add state income tax (12% marginal rate), state/county sales tax (8%), additional fees (taxes) on everything from electricity to DMV charges to nursing home bills, some of the highest gasoline prices in the nation (on account of state taxes), etc. Not sure how much longer I can afford to live here(!)

Yet NY state claims it is broke and now "must find additional revenue". Gawd....
 
need to move to your area, mine for the house about the same size as your's no acreage is 2604 dollars . In the state of Va.
 
Let's see, Upstate, NY 2100 sqft house, 30x60 dairy barn in kinda rough shape and 30x75 pole barn on 48 acres. School tax $7400 plus town/county tax $3400 puts us right about screwed. I mean, right about $10,800.
 
On an 1800 sq-ft home with a .28 acre lot in NE MD taxes are $4400.00. In 1968 they were $400.00. They're still running out of money
and the conservative Republicians head up the county government. Hiring all their relatives in high paying jobs. No break for the eldery
on the real estate taxes. Had a nice High School built a new one with elevators and bulldozed the old school. Took over 2 years to build all brick and air conditioned. Hal
 
Here in the NW corner of COOK (crook) co., IL.
3000 sq ft home on 6.5 acres with 43 x 62 foot pole barn, 2.5 car garage, 3 sided loafing shed for horses and smaller 28 x 38 ft metel shed.......$15300.00! About $300.00 per WEEK!
and I've got one street light and an asphalt road!
 
No state income tax on your earnings but 8.75% sales tax on most items but it caps out at $ 1600 and farm items are exempet..Paying on about 2800 acres but the base farm 2800sy ft house and 365 acres of mixed river bottom and hill land about $2100.00 per year ..Apprasied at 2.5 million but then thew discount farm land some way. Over all satisfied with the way Tennessee does taxes..No personal property tax unless you are in bussiness like lawyer, dentist ect..
 
I have 80 acres (77 tillable) in east central Illinois. No buildings, not one tree either, have access to a State Highway. $2200 per year.
DWF
 
380 acres good farm ground with newer 2000 sqft house with several large machine sheds. Just $1990 in MO....If it will just rain 1" in the next few days we will have 160 bushel corn for the second year in a row.

I sure cant complain after reading what others pay. It looks like most of you are taxed to death.
 
This is how they figure our property tax....

Market Value = $100,000
x 10% = $10,000 Assessed Value

Homestead Exemption = $75,000
x 10% = $7,500 Assessed Value

Market Value less Homestead Exemption = $25,000
x 10% = $2,500 Assessed Value

Tax Rate = 89.41 mils
Assessed Value x Tax Rate = $2,500 x 0.08941 = $223.53

So a $100,000 house would cost you $223 and a $200,000 house would cost you $1117

Things like ag and timber land are figured at a lower rates with salt water marsh being the lowest.
 
Have 160 acres 60 cropable the rest swamp,bush 1 old house trailer and 1 grain bin $807.00 65% is school tax.I live in middele of Manitoba
 
I have since moved but I had a house in lasalle county IL. House was on less than 1/4 acre 1300sft house 900sft garage. My taxes were a little over $3500. At that time the garage was new enough that it wasn"t being taxed. The taxes on the property are now $4200.
 
It's easy come, easy go. My social security checks, after the deduction for Medicaid and local property taxes, is diminished by half.

$6400 for antique house and barn plus five MA acres.

I'd like to hear from those poor ba$tard$ in CA.
 
$1942.00.

I've got 19.90 acres less 6.92 highway easement. Three acres tillable. 48 X 72 shop. No other buildings of any value. Estimated market value and taxable market value both $125,500.
 
Property taxes in Kansas are certainly out of control. I have a 32 year old 2,400 sq ft house, 45 acres of woods and 20 acres of grass, a 20X30 detached garage and rural water. Taxes are $1,750 per year. State sales tax increased 7-1, now over 8.35%, plus a state income tax. Just renewed a license plate on the old '85 Chevy pickup (138,xxx miles) at a cost of $73.00! We get taxed for everything and the state still wants more. It's time to move to Missouri.
 
House in Illinois: Built in 1995, 2200 sq ft, approx 120 X 90 lot, small attached 3 car garage, welcome to Illinois : $5600 per year.

House in Indiana: Built in 1878, 3200 sq ft, 50 X 60 ft barn, 1.6 acres, 4 miles from town: $742 per year.

Supposed to close on selling the one in Indiana on Friday. Do I have to?
 
Its probably being purchased by a refugee from Illinois!

Hard to believe the differences in taxation rates among the states from the posts here.
 
Here in Ohio, you need 5 acres to be considered a farm. I don't know what it is in Ill., but I'd be darned if I'd pay that much tax for living in a suburban/rural area! I'd be raising some kind of crop.
 
I have 14.5 acres 38x40 2 story hip roof colonial built before civil war, small barn 25x30 roughly and detached two car garage and another small out bldg. We paid $2700.00 last year and 10 acres is classified open space so thats only at 25% of regular tax rate.
This is in No. Central Mass
state sales tax 6.25%
excise tax 2.5%
state income is just over 5%
Chuck
 
I have 117 acres with about 80 tillable. stone farmhouse, bank barn, 40x80ish pole barn, 40x50 ish block farm shop, 3 bed room tenant house, and about a 40x60 old hog barn converted to run my business from, I pay about 6000 total a year.
 
I have 167 acres ,200 year old house and barn,hen house. TV shop, wood shed. saw mill shed.Buildings are valued at 66,000, land at 124,000.Tax is 1825.00.Takes 4 of my SS checks but I can sell picnic tables,vegetables,firewood and run my sawmill without interference from town regulations.I repair fence chargers in the shop now.TV work went to China 10 years ago.Why dont you move?My tax load is under 40 bucks a week.My neigh bor has 5 acres 2 car garage,mobile home and pays 200 bucks a year.My tax was 1000.00 ten years ago.235.00. 40 years ago.Neighbors tax load is 4 bucks a week.In spite of much crying that Maine is highly taxed I dont plan on leaving soon.My freind has a camp on 3 acres,year round brook tax is 125.00 and he get a state refund that reduces it to zero.I could live high on the hog on 300 bucks a week.
 
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