Jungle Rat wrote: ↑Tue Dec 14, 2021 11:18 am
Sorta weird but I'm not the only one in Cincinnati paying that. Although I sold in 20. Still paying to much tax for a condo. But I can't complain. It's better than Arizona and I'm moving again anyway.
I went and actually looked up the tax rates in Massachusetts. What they do is "Mill Rate." I think that is the number of dollars you pay in a year for every $1000 of assessed value.
https://joeshimkus.com/MA-Tax-Rates.aspx
So where I grew up, the current "Mill Rate" is 16 (give or take.) So that is about 1.6% of total assessed value. So your $400K condo in Cincinnati, what is that? That is about $6400/yr in property taxes in Massachusetts, still way too fucking high. I said earlier that Weston was about 1%, its actually 1.2%. I was close.
So if you were paying $8000/yr on a $400K condo, that is a Mill Rate of 20. Ouchie, very pricey in Cincinnati. 2% of assessed value for property taxes each year is way, WAY too much.
Massachusetts has pretty high property taxes, and its needlessly high. It appears Ohio is also high (but I'll bet the rate is lower in Ohio towns like New Albany where the land is so valuable.) Now take those Ohio and MA numbers and cut them by about one third, and now you are talking about what you would pay in Arizona and maybe even less than that in Nevada. The national average for property taxes is 1.07% of assessed value, annually.
https://smartasset.com/taxes/arizona-pr ... calculator
So we are at 0.61% in Arizona. Very nice! I think Nevada is less than that. Of course houses in Nevada aren't really worth very much and the state has very heavy "gaming taxes" which pay for the police, fire, and teachers. So that helps.
Feminism: Eve eats ALL the apples, gives God the middle finder when He confronts her, and has the serpent serve Adam with an injunction ordering him to both stay away from her AND to provide her food and shelter because he dragged her out of the Garden.