Real Estate Taxes

[Zogman]

I found this article along with a chart. Worth the look. Starts with the lowest property tax and goes up. ND is 31st.

https://wallethub.com/edu/states-wi...es/11585?utm_source=join1440&utm_medium=email

 

[Fester]

Taxes in CA are cheaper?

 

[Allen]

As a percentage, yes. However, the median home value is around $660k compared to the $232k here in ND. The property tax on a median home is about $4,700 in CA compared to $2,300 here in ND.

Let's remember they also enjoy up to a 14.4% state income tax versus our maximum of 2.5%, state sales tax of 7.75% versus our 5%, and a city sales tax of up to 2.5% (note, Tioga has a 3.5% city sales tax).

 

[Allen]

Let's put it this way, just this morning I was reading an article about how California is losing its high earners as they flee the tax structure of California. They just went below 39,000,000 residents (legal???) for the first time since 2015.

https://ca.finance.yahoo.com/news/leaving-rich-americans-ditching-california-163000441.html

And they are still running a deficit roughly equal to 8X our annual state budget.

 

[Fly Carpin]

Let's put it this way, just this morning I was reading an article about how California is losing its high earners as they flee the tax structure of California. They just went below 39,000,000 residents (legal???) for the first time since 2015.

I can tell you where a lot are going. Neighbor down the road drives a cybertruck. Guessing he wouldn't enjoy hearing where his electricity comes from.

 

[Allen]

I can tell you where a lot are going. Neighbor down the road drives a cybertruck. Guessing he wouldn't enjoy hearing where his electricity comes from.

Looking forward to them joining my already diverse neighborhood. (V, we need a sigh emoji)

 

[johnr]

Yup, they are on their way to eff up our state too

 

[Tommyboy]

Grand Forks has a cybertruck driving around also. I wonder if California will ever recover. The climate is about the only thing that is worth living there if you ask me.