SW Charlotte, NC: 2,440 s.f. 4BR/2.5bath house $2,500 prop.tax per year. I don't know how much ritzy areas in our city pay though.
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Home Property Taxes
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The Tri-State area is insane:
My Coop in NYC--worth $425k--taxes $3000
Sister in NJ-- House worth $700k=taxes $11,000
Sister on LI--House worth $500k=taxes $7400
Close Friend in Westchester County, NY--House (not a mansion..a modest 31oo sf) worth 1.2 million= taxes $16,000
You need alot of cabbage to live in NY/NJ/Ct if you want to own a home
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In Oklahoma, our 1500sqft on 0.5 acres worth 150k was about $650 a year for property tax. But we also paid state income taxes. Now in Texas, no state inome tax, live in a 1350sqft. on 0.4 acres worth around 65k, taxes for the year are about $1300. We are moving next month to a 1100 sqft on a tiny lot, worth around 170k, taxes we are told run around $1800 a year. Still not too shabby.
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