How much is you Property Tax and Homeowner Insurance

[Monty]

You might all consider moving to Delaware once you read what my taxes are .

WOW.....That is really low for the NE! There must be a catch??

[pride&prejudice]

WOW.....That is really low for the NE! There must be a catch??

I think she might be in the part that there is hardly anything and a majority of the people would have to travel 1-2 hours for work. I could be wrong but our friends that live in the northern part of the state pay much more.

ETA: A lot has to do with location. PA and DE both do not tax retirement, which makes them desirable in this area of the NE. However even though I pay under 2k in taxes, if you go 15 min into the next county it can go up an additional 2-4k due to school taxes alone.

[bluberry]

1450 sq ft SFH in a Chicago suburb. $6,000 for taxes, $1,000 for insurance. I would guess the FMV of the house now is about $310,000 although it's hard to tell because we bought it as a foreclosure. They just raised our taxes this week from $5,000 to $6,000!

[emjay]

If you want cheap, move to Alabama. But then, you'd actually have to live here.

I live in a 1500 sq ft SFH and pay $500/year. FMV of my house is about $150,000.

When we moved here 18 years ago, my parents always said they paid per month in Colorado what they pay per year in Alabama.

[maniach]

I live just north of Tampa FL and my taxes are, I think, around $3000 per year and we have a Community Development District of an additional $1800 or so. I think my total taxes if paid by the end of Nov. are about $4800. I think my homeowner's insurance is around $1200 a year but I don't remember. My house is about 2300 sf and we are on a pretty small lot.

I used to live in Jacksonville and my property taxes were only $1200 but homeowner's was about the same. Stupid hurricanes! That house was 1400 sf on a quarter acre.

The millage rate in Jacksonville is MUCH less than it is here. Plus, I don't have the homestead exemption applied yet, because we moved here after the first of the year.

[isign]

Emjay - where in AL are you?

I'm on the MS Gulf Coast. We got lucky and bought our house/insurance post Katrina, but pre insurance hike.

Taxes- $380, but we also have homestead exemption
Insurance - 1400/year. They don't write policies like ours now, and if we were to have bought it post insurance hike, we'd be paying at least 1500 more.

We're on almost a full acre, with 1100 ft, FMV is around 125,000.

[jay&erinn]

PA really depends on where you live. Our house is in a small city which is going to reassess all of the properties (AKA- severely raise the property taxes). We currently pay $3000/yr. I'm guessing it'll almost double. 10 miles up the road our friends are paying $14,000/yr for new construction in a better area. Our houses are about the same size.

Parts of PA do have natural disasters in the insurance. When we first moved here we had to pay an additional $600/year in flood insurance and the house hasn't flooded in 40+ years (according to our neighbors). It also hasn't flooded in the almost 10 years we've been here, although the street behind us has flooded every few years. I'm not sure what we currently pay in insurance.

[boilermaker]

This is a hard one to answer if you are looking to move somewhere cheaper. Taxes can differ so much just moving from one school district to another much less more one county to another.

We live in NE Ohio, where the cost of living is pretty low. But we are in a top school district and higher than avg (for Ohio) income county. So our township tends to approve extra levies and what not vs the one right next to us. We just passed 3 more this week even with the economy what it is. So, all that being said....

NE Ohio
1850 sq ft on 2.5 acres
Valued at about $290k
Annual taxes $3700 (1.3%)
Insurance - I don't recall off the top of my head. I think I pay a few hundred each half. We pay it into escrow so I would need to find an old bill. My guess would be around $1200/yr.

[udsweetpea]

I think she might be in the part that there is hardly anything and a majority of the people would have to travel 1-2 hours for work. I could be wrong but our friends that live in the northern part of the state pay much more.

ETA: A lot has to do with location. PA and DE both do not tax retirement, which makes them desirable in this area of the NE. However even though I pay under 2k in taxes, if you go 15 min into the next county it can go up an additional 2-4k due to school taxes alone.

Even in upstate DE, I've never seen someone pay more than $1200/year in taxes. That's still only $100/month. When I lived in West Chester, PA, the property taxes were $6000/year, but thankfully, I rented.

I live near the beach and 5 minutes from work, so it's not completely barren of people and things to do. But I am getting a "rural" loan, so my county is a lot of farm land.

[andy's di]

Outside Vancouver BC - TH ~1800sq ft, value about 500K
Taxes: $2500
Ins: $400