How much is you Property Tax and Homeowner Insurance

[gardenmommy]

I agree that the sucky thing about being able to afford a nicer house is that some of that extra $$ each month needs to go to taxes.

Our old house:
Portland, Oregon
2600sf. tiny ass lot (5000 sf)
Market value when we sold:$450,000
Taxes $4000, Ins $1000

Current house:
Portland suburb
3300 sf. on 10,000sf lot
Market value about $600,000
Taxes $7500, Ins $1000

We're looking to buy or build here in Ohio and expect our taxes to be in the $15,000 range and hope ins is around $1000

Of the places I've lived, Seattle was the cheapest as far as taxes and insurance.

I really feel for you who live in florida or NOLA with such high ins...at least taxes are tax deductible!

[penybryn]

Northeast PA tax just over $5000 but we also pay a 3.4% wage tax on top of that.

Our homeowners is around $550.

House is around $220,000 on a city size lot in an R1 zone (no businesses or rentals allowed, only owner occupied one family homes).

[jennylou]

Gardenmommy - where in NE Ohio are you looking to build? The most I've seen taxes is about $6-7k per year.

NE Ohio (in a crappy county, not an affluent one like boilermaker's - all our levies failed recently).

Valued at 130k
Taxes around $1300 per year.

Can't remember insurance, we pay in escrow.

[gardenmommy]

jennylou~ We want to build in Hudson, which is sort of south east of Cleveland. I'm not really sure what our taxes will be but when we looked at houses currently on the market in August the taxes were in the $12,000-15,000 range and we figured it would be the same if we built new.

NE Ohio seems pretty affordable to me, with the exception of taxes where we are looking!

[keska]

1425 sq feet in the Bay Area
taxes: $7500
insurance: $5000

We live directly on a fault line so just about half the insurance is earthquake insurance.

[moderngal]

We live in Philadelphia. 2000 sq ft home- taxes are $700, insurance is about the same. We have city wage tax though. And really crappy public schools.