A significant part of your tax responsibility involvesproperty taxes, which are largely determined at the local level but can vary widely by state. Here’s what homeowners should know about the states with the heftiest and most modest property tax rates: States with the highest property tax rate...
Take Arizona, for instance. Apache County collects only 0.18% of each property’s value each year in property taxes, while Pima County charges more than five times that tax rate at 0.96% of the property value. In Virginia, Loudoun County hits homeowners and landlords with a tax rate of 1....
Homeowners as you would expect are far less mobile than renters. But how good is this in a time when people are likely to have multiple jobs over their lifetime? Career employment is becoming more of a relic. For the young, this is part of the reason that the rent...
But depending on where these new homeowners are, they may soon have to pay up a sizable chunk of change in real estate taxes. Individuals in heavily populated metropolitan areas pay an average $9,400 in real estate taxes, according to the nation’s largest online lending marketplace, Lending...