Ursa Majoris Posted March 26, 2010 Share Posted March 26, 2010 That's not all that atypical in the south. In GA (just outside the 5-county "metro-Atlanta" area) I had a 1/2 acre lot with an 1800 sf home we paid less than $700/year in taxes on. Wow. I thought mine were pretty decent at $3k / yr in a first ring Minneapolis 'burb. Quote Link to comment Share on other sites More sharing options...
westvirginia Posted March 26, 2010 Share Posted March 26, 2010 Wow. I thought mine were pretty decent at $3k / yr in a first ring Minneapolis 'burb. That "first-ring Minny" thing would probably be comparable to Atlanta's "inside the perimeter", and $3K is probably not terrible for say, $200-$400K worth of property in that area. Of course, that will still probably buy more house than you'd expect. It (housing) really isn't bad in most places in the south. Quote Link to comment Share on other sites More sharing options...
SayItAintSoJoe Posted March 26, 2010 Share Posted March 26, 2010 Where is this? Some mud island 30 miles off the coast? I live in an unincorporated town in Horry County, SC (near Myrtle Beach). I can't remember the exact Fair Market Value they used for my home so I'll use 200K. Here is how they calculated the taxes: $200,000 Fair Market Value of home x 4% Assessment Ratio (4% if qualified legal resident) = 8,000 Assessed Value x .2093 Countywide Millage Rate (County millage - 47.3, School-139.3, Fire-16.3, Waste Mgmt-6.4) = $1674.40 TAXES -954.40 Tax credit - (8,000 @ .1193) School operations = $720.00 TAXES DUE I'm not quite sure what the Tax credit is for, but boy does it help reduce the bill. Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted March 26, 2010 Share Posted March 26, 2010 that will still probably buy more house than you'd expect. It (housing) really isn't bad in most places in the south. That's good - I plan to come and live amongst you southern hillbillies eventually. I see it as missionary work. Quote Link to comment Share on other sites More sharing options...
westvirginia Posted March 26, 2010 Share Posted March 26, 2010 That's good - I plan to come and live amongst you southern hillbillies eventually. I see it as missionary work. Come on down - we'll go to the shooting range first! Quote Link to comment Share on other sites More sharing options...
Big John Posted March 26, 2010 Share Posted March 26, 2010 That's good - I plan to come and live amongst you southern hillbillies eventually. I see it as missionary work. Weren't you going to move to Austin TX? Quote Link to comment Share on other sites More sharing options...
SayItAintSoJoe Posted March 26, 2010 Share Posted March 26, 2010 Not crazy about where I live (SC) but you're right about the taxes. Not to make you puke but I pay $690/yr in property taxes for a 2300 sq/ft home on a .5 acre lot. I would like to force you at gunpoint to do a 7 minute single leg wall squat Man if I gave you the list of why I don't like living here you would swear that I'm paying too much. Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted March 26, 2010 Share Posted March 26, 2010 Weren't you going to move to Austin TX? That's south, isn't it? They're all hillbillies to me. Quote Link to comment Share on other sites More sharing options...
Big John Posted March 26, 2010 Share Posted March 26, 2010 Man if I gave you the list of why I don't like living here you would swear that I'm paying too much. Like you did here? Quote Link to comment Share on other sites More sharing options...
SayItAintSoJoe Posted March 26, 2010 Share Posted March 26, 2010 Like you did here? Exactly Quote Link to comment Share on other sites More sharing options...
whomper Posted March 26, 2010 Share Posted March 26, 2010 Man if I gave you the list of why I don't like living here you would swear that I'm paying too much. I just wanted to throw the single leg wall squat reference out at you Quote Link to comment Share on other sites More sharing options...
Duchess Jack Posted March 26, 2010 Share Posted March 26, 2010 (edited) I live in Hunterdon County, NJ - so I need knee pads when paying property taxes and to be held afterwards. What I don't understand how the income can be so danged high in NJ... and how the population density can be on par with India... and we still pay these crazy taxes. I would have to imagine that by-and-large that we have less people on social services here than most states. I really wonder where the money is going. with that said - they built a middle school a half mile from me a couple years ago and the sign (with a little scrolling text) cost the township over $175k. That would explain a bit - but dang. Edited March 26, 2010 by Duchess Jack Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted March 26, 2010 Share Posted March 26, 2010 the sign (with a little scrolling text) cost the township over $175k. They would explain a bit - but dang. You have answered your own question. Multiply your sign (or any other fatuous non-necessity) a hundred times and see what the cost is..... Quote Link to comment Share on other sites More sharing options...
SayItAintSoJoe Posted March 26, 2010 Share Posted March 26, 2010 I just wanted to throw the single leg wall squat reference out at you Just the thought of a 7 minute single leg wall squat makes my eyes well up. I think I'd rather be water-boarded. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.