Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve

Are Your Real-Estate Taxes High?

August 2, 2011 By E.J. Smith - Your Survival Guy

Unfunded pension liabilities, or the gap between what state and local pensions owe versus what they have, will continue to put pressure on homeowners. Property taxes are the only real tax lever local officials have. And not all property taxes are created equal.

The median property tax paid per home in 2009 in New Jersey was 27 times higher than in Louisiana, according to creditsesame.com. The interactive graphic also shows taxes as a percentage of income and as a percentage of home values to provide a rough comparison between the states. The reason it’s only a rough comparison is that, as one reader comments:

Interesting graphic. But you need to remind readers this is just a state average. My upstate NY taxes are 2x the NY average in your graphic. And an even greater chunk of my (below median) income. Ouch!

In the interactive graphic, states that are colored red are the ones in which it is most expensive to own property. Nine states are colored red. Five of them are in New England, making the region less competitive with others around the country. And with pension reform looming, officials may find themselves out of luck if residents resist more property tax increases—because it’s certainly possible to find better values elsewhere.

Related Posts

  • Increasing Real Estate Costs
  • The Kings of Real Estate
  • How High are Your State's Corporate Income Taxes?
  • Author
  • Recent Posts
E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com
Latest posts by E.J. Smith - Your Survival Guy (see all)
  • DEVASTATION: Tsunami Simulation Study Frightens Coastal Dwellers - August 16, 2022
  • Fear is a Terrible Emotion: How You Deal with It MATTERS - August 15, 2022
  • Buying A Boat: Who’s Looking Out for You? - August 12, 2022

Dick Young’s Must Reads

  • America’s Silent Army with 423M Guns
  • Marry Compound Interest, Divorce Market Timing
  • Is Rutin Useful in Preventing Blood Clots?
  • California’s Progressive Liberals Have Created a Monster
  • Why Black Lives Matter Needs to Be Shut Down
  • DONBAS: Russian Tanks Face Gauntlet of Death from Javelin Wielding Ukrainians
  • Why Some Kids Won’t Go Back to School, Ever
  • The Worst President in American History, Part I
  • Richard Feynman Solved the Space Shuttle Disaster Mystery
  • Work to Make Money/Invest to Save Money

Our Most Popular Posts

  • Who Benefits from and Orchestrated the Trump Raid?
  • CDC Admits It Was All A Lie
  • Did China Buy Land in North Dakota to Spy on Air Force Base?
  • DEMOCRATS PLAY DIRTY: Megynn Kelly Calls Bulls#$t on "Classified Documents" Story
  • The Higher Taxes, Bigger IRS, and More Inflation Act of 2022
  • BECK: The Democrats' Dangerous FBI Raid Endgame
  • DOJ Career Officers Disgusted by Garland's Political Raid on Trump
  • WATCH: Doocy Breaks Jean-Pierre with Trump Raid Questions "No Comment"
  • Republicans Acquiesce to Democrats' Abuses of Power
  • The Great Jon Rappoport on Kari Lake

Disclosure

RSS Youngresearch.com

  • DEVASTATION: Tsunami Simulation Study Frightens Coastal Dwellers
  • Fear is a Terrible Emotion: How You Deal with It MATTERS
  • The Victims of a Decade of Easy Money
  • What Happens if the Chinese Blockade Taiwan?
  • Buying A Boat: Who’s Looking Out for You?
  • Is It Time to Talk About the Defects of Index Funds Now?
  • Your Survival Guy’s Favorite Number is 72: Here’s Why
  • Disney Catches Netflix in Streaming Wars
  • PRIMARY RESULTS: Pro-Trump Candidates Clean Up
  • Prices for Electric Vehicles Going UP

The Claremont Institute: Protecting the American Way of Life

Thanks to America’s Worst President

The IRS’s Hassle Tax: Spend More on Compliance

DEVASTATION: Tsunami Simulation Study Frightens Coastal Dwellers

ROBERTS: “Today Education Is a Form of Brainwashing”

CARLSON: “This Is Not the Way Civilized Countries Operate”

Copyright © 2022 | Terms & Conditions | About Us | Dick Young | Archives