I get the limitation on California’s property tax system, but it’s making them wayyyyy higher on the list than reality.
whoareyouguys on
I feel like I say this all the time on this sub, but man, I really need to look into living in West Virginia.
symphwind on
For anyone thinking about moving to a state at the bottom here, just keep in mind that you get what you pay for (in government services/public safety net). Would also be nice to make a couple different versions at different income levels.
Charkid17 on
Honestly, 18k in taxes on a person making 120k a year seems more than reasonable.
UraniumSpoon on
80% metro area home value is doing some work in California, i don’t think you could buy an 80% house in a lot of metro areas on that salary and be maxing out your 401k
smoothtrip on
Pay no taxes and you can either freeze to death or die of heat.
I can see why the taxes are so low…
negative-nelly on
This is misleading. There’s no local income tax in most of NY. Yes in NYC and Yonkers. Not elsewhere.
Recent_Night_3482 on
25k not to live in Wyoming, easy decision if you look at it.
cfgman1 on
Oregon with the highest State Income taxes in the country. Move a few miles north and you pay no state income taxes. And the state Government can’t figure out why people are moving across the river.
RandomUser123456787 on
One thing this methodology does not factor in are toll roads. Texas is full of them without any realistic alternatives like other areas. It has also been almost 7 years since I’ve been there and hoping I can go a lot longer.
downesadam on
Maryland property tax is ridiculous. Property tax in general is ridiculous. Paying the government to live on land you own is ridiculous. Just my opinion.
peter303_ on
Kind of high for my state- your chart said 6.6% and I paid 4.8% for all those taxes.
datou904 on
Yeah but you gonna have to land a job that pays $240k in Wyoming tho.
Tracorre on
New Hampshire sure is an odd duck eh?
Confident-Sir-2771 on
This seems off. California has lower property tax rates than Texas.
ClaroStar on
It may just be me, but I find it reasonable that a couple who makes $240k pays a good chunk of that in taxes. The low-tax race to the bottom seems very short-sighted. Especially after have lived for many years in Europe with high taxes and loving it. As long as you get good public service and it increases equality, I’m all for it.
d_ippy on
Is there something like this for retirement income? Social security, IRA withdrawals etc?
SimpleSimon665 on
Definitely wrong for Texas. A family making 240k is probably in a 700k house or more. Property taxes on that are typically more $14,000 per year before homestead exemptions.
Lyrick_ on
These are always so fucked and misleading.
South Dakota checking in. We may have no state tax on income, but there is a regressive tax on everything else imaginable. Food of any kind, clothing for anyone, that car you purchased out of State… Yeah that too. Also the property tax is about the mean for Minnesota, Nebraska, Iowa, and North Dakota as long as you live in a town or city
Busy_Quiet4435 on
This does not take into account taxes disguised as “fees”. Colorado may not have a high vehicle ownership tax but the fees for registration are exorbitant. Also the “fees” they add to sales tax in the Denver Metro area.
Hopsong on
Now do the same charts for a $63k salary. (The US median, BTW.) You’ll find that California taxes our lower income citizens a lot less than other states like, for instance, Texas. Yep! We soak the rich!
AlfaNovember on
Also, if you live in Wyoming you get 1:250,000 of a US Sentator, so you can hang out and go to movies together and stuff.
Few_Force_164 on
Yall making $240k a year? Is that normal?
octopus-opinion987 on
Data seems sketch!
Median property tax paid in Ca is about 4k, not 20k
Adept_Duck on
I live in Indiana and pay local income taxes. Not sure if it’s county by county but probably a few thousand total for my wife and I.
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I get the limitation on California’s property tax system, but it’s making them wayyyyy higher on the list than reality.
I feel like I say this all the time on this sub, but man, I really need to look into living in West Virginia.
For anyone thinking about moving to a state at the bottom here, just keep in mind that you get what you pay for (in government services/public safety net). Would also be nice to make a couple different versions at different income levels.
Honestly, 18k in taxes on a person making 120k a year seems more than reasonable.
80% metro area home value is doing some work in California, i don’t think you could buy an 80% house in a lot of metro areas on that salary and be maxing out your 401k
Pay no taxes and you can either freeze to death or die of heat.
I can see why the taxes are so low…
This is misleading. There’s no local income tax in most of NY. Yes in NYC and Yonkers. Not elsewhere.
25k not to live in Wyoming, easy decision if you look at it.
Oregon with the highest State Income taxes in the country. Move a few miles north and you pay no state income taxes. And the state Government can’t figure out why people are moving across the river.
One thing this methodology does not factor in are toll roads. Texas is full of them without any realistic alternatives like other areas. It has also been almost 7 years since I’ve been there and hoping I can go a lot longer.
Maryland property tax is ridiculous. Property tax in general is ridiculous. Paying the government to live on land you own is ridiculous. Just my opinion.
Kind of high for my state- your chart said 6.6% and I paid 4.8% for all those taxes.
Yeah but you gonna have to land a job that pays $240k in Wyoming tho.
New Hampshire sure is an odd duck eh?
This seems off. California has lower property tax rates than Texas.
It may just be me, but I find it reasonable that a couple who makes $240k pays a good chunk of that in taxes. The low-tax race to the bottom seems very short-sighted. Especially after have lived for many years in Europe with high taxes and loving it. As long as you get good public service and it increases equality, I’m all for it.
Is there something like this for retirement income? Social security, IRA withdrawals etc?
Definitely wrong for Texas. A family making 240k is probably in a 700k house or more. Property taxes on that are typically more $14,000 per year before homestead exemptions.
These are always so fucked and misleading.
South Dakota checking in. We may have no state tax on income, but there is a regressive tax on everything else imaginable. Food of any kind, clothing for anyone, that car you purchased out of State… Yeah that too. Also the property tax is about the mean for Minnesota, Nebraska, Iowa, and North Dakota as long as you live in a town or city
This does not take into account taxes disguised as “fees”. Colorado may not have a high vehicle ownership tax but the fees for registration are exorbitant. Also the “fees” they add to sales tax in the Denver Metro area.
Now do the same charts for a $63k salary. (The US median, BTW.) You’ll find that California taxes our lower income citizens a lot less than other states like, for instance, Texas. Yep! We soak the rich!
Also, if you live in Wyoming you get 1:250,000 of a US Sentator, so you can hang out and go to movies together and stuff.
Yall making $240k a year? Is that normal?
Data seems sketch!
Median property tax paid in Ca is about 4k, not 20k
I live in Indiana and pay local income taxes. Not sure if it’s county by county but probably a few thousand total for my wife and I.