Property taxes often are over 3% when I look around online, casually. I’m not an expert but they’re insanely high when I do check listings there. I gather they must have a crazy amount of layers in their state and local governments.
Also, at the same time, I often see houses assessed for way over what they’d sell for. I’ve seen some assessed up to 50% over current list price, where the house had been sitting for sale for months at that list price.
Spence97 t1_jbqicci wrote
Reply to comment by 26Kermy in [OC] Ratio of Median Sale Price of Single-Family Homes to Per Capita Income, by Metro Area by thatdude333
Property taxes often are over 3% when I look around online, casually. I’m not an expert but they’re insanely high when I do check listings there. I gather they must have a crazy amount of layers in their state and local governments.
Also, at the same time, I often see houses assessed for way over what they’d sell for. I’ve seen some assessed up to 50% over current list price, where the house had been sitting for sale for months at that list price.