No, we're looking further up in NH. Don't have to go all that far either. Population drops like a rock just north of Concord. The vast majority of personal taxation in NH is collected in the form of property tax i(we have no income or sales taxes). The state mandated education portion is very small (only around $2.50 / thousand valuation). The local portion (covers the rest of the school cost plus all else) varies wildly, as do property values.
The town we live in now (southern bedroom community in the Boston commute range) has a total tax rate of $21.09 /k, and that is about the middle of the pack. I do not want to continue to shell out over 7 grand a year (sure
to increase each year at the whim of the Town Council and Town Meetings) when I'm on a fixed, retirement income. So were' looking to downsize the house and find a cheaper town.
The total town plus state property tax rates run anywhere from $41 /k to $11 /k. On a modest $250k property that is a difference of paying from over $10k / year to just $2750 / year. I'm looking at some of the smaller towns mid-state that fall into the $11 to $15 per thousand area. Minimal services are available in those towns, but minimum taxation required to get them. I'm good with that equation.
Carolinas would be nice, but all of our families are in New England. Plus we really do not do all that well in the heat. Too many years in the north country.
The town we live in now (southern bedroom community in the Boston commute range) has a total tax rate of $21.09 /k, and that is about the middle of the pack. I do not want to continue to shell out over 7 grand a year (sure
to increase each year at the whim of the Town Council and Town Meetings) when I'm on a fixed, retirement income. So were' looking to downsize the house and find a cheaper town.
The total town plus state property tax rates run anywhere from $41 /k to $11 /k. On a modest $250k property that is a difference of paying from over $10k / year to just $2750 / year. I'm looking at some of the smaller towns mid-state that fall into the $11 to $15 per thousand area. Minimal services are available in those towns, but minimum taxation required to get them. I'm good with that equation.
Carolinas would be nice, but all of our families are in New England. Plus we really do not do all that well in the heat. Too many years in the north country.
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