Author Topic: The Pros And Cons Of Where You Live  (Read 237420 times)

Offline EJB

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Re: The Pros And Cons Of Where You Live
« Reply #3105 on: June 13, 2018, 10:40:32 PM »
The article is about the city of Cleveland. I doubt any frum Jews live there. See where Beachwood ranks
Even worse

Offline yitzgar

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Re: The Pros And Cons Of Where You Live
« Reply #3106 on: June 13, 2018, 11:32:54 PM »

Offline yesitsme

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Re: The Pros And Cons Of Where You Live
« Reply #3107 on: July 12, 2018, 06:07:50 PM »
Annual Taxes on Home Priced at State Median Value
51New Jersey$7,601
50Illinois$4,058
49New Hampshire$5,241
48Connecticut$5,443
47Wisconsin$3,257
46Texas$2,654
45Nebraska$2,506
44Vermont$3,893
43Michigan$2,185
41New York$4,738
41Rhode Island$3,929
40Ohio$2,064
39Pennsylvania$2,603
38Iowa$1,986
37Kansas$1,890
35Maine$2,329
35South Dakota$1,943
34Massachusetts$4,132
33Alaska$3,048
32Minnesota$2,234
31Maryland$3,191
30Oregon$2,637
29Washington$2,860
28North Dakota$1,729
27Florida$1,702
26Missouri$1,408
25Georgia$1,413
24Oklahoma$1,076
23Indiana$1,100
22North Carolina$1,345
20Kentucky$1,078
20Montana$1,698
19Mississippi$841
17California$3,237
17Virginia$1,973
15Arizona$1,367
15Nevada$1,478
13Idaho$1,276
13New Mexico$1,232
12Tennessee$1,088
11Utah$1,508
10Arkansas$721
9Wyoming$1,223
8West Virginia$629
6Colorado$1,516
6South Carolina$821
5District of Columbia$2,811
4Delaware$1,274
3Louisiana$750
2Alabama$550
1Hawaii$1,459

Offline yesitsme

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Re: The Pros And Cons Of Where You Live
« Reply #3108 on: July 12, 2018, 06:09:27 PM »

Offline whYME

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Re: The Pros And Cons Of Where You Live
« Reply #3109 on: July 12, 2018, 06:45:11 PM »
Annual Taxes on Home Priced at State Median Value

Sorted by dollar amount, not rate:
 
51
New Jersey
$7,601
48
Connecticut
$5,443
49
New Hampshire
$5,241
41
New York
$4,738
34
Massachusetts
$4,132
50
Illinois
$4,058
41
Rhode Island
$3,929
44
Vermont
$3,893
47
Wisconsin
$3,257
17
California
$3,237
31
Maryland
$3,191
33
Alaska
$3,048
29
Washington
$2,860
5
District of Columbia
$2,811
46
Texas
$2,654
30
Oregon
$2,637
39
Pennsylvania
$2,603
45
Nebraska
$2,506
35
Maine
$2,329
32
Minnesota
$2,234
43
Michigan
$2,185
40
Ohio
$2,064
38
Iowa
$1,986
17
Virginia
$1,973
35
South Dakota
$1,943
37
Kansas
$1,890
28
North Dakota
$1,729
27
Florida
$1,702
20
Montana
$1,698
6
Colorado
$1,516
11
Utah
$1,508
15
Nevada
$1,478
1
Hawaii
$1,459
25
Georgia
$1,413
26
Missouri
$1,408
15
Arizona
$1,367
22
North Carolina
$1,345
13
Idaho
$1,276
4
Delaware
$1,274
13
New Mexico
$1,232
9
Wyoming
$1,223
23
Indiana
$1,100
12
Tennessee
$1,088
20
Kentucky
$1,078
24
Oklahoma
$1,076
19
Mississippi
$841
6
South Carolina
$821
3
Louisiana
$750
10
Arkansas
$721
8
West Virginia
$629
2
Alabama
$550

Offline shiframeir

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Re: The Pros And Cons Of Where You Live
« Reply #3110 on: July 12, 2018, 08:51:41 PM »
these statistics are all useless as they dont even take into account total effective rates (including state and local income taxes), setting aside other economic factors frum jews need to consider. its like ranking states solely based on their hotel taxes. or the cost of cholov yisroel milk.

Offline ExGingi

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Re: The Pros And Cons Of Where You Live
« Reply #3111 on: July 12, 2018, 11:10:58 PM »
https://www.bloomberg.com/news/articles/2018-07-12/tax-math-sends-westchester-home-sales-sliding-most-since-2011

I donít see how statewide mean numbers could mean much. Property (and school) taxes are a very localized issue. I spoke to a friend/client of mine that moved to Monsey from C.H. a couple of years ago, because he preferred to have a spacious house rather than living in a condo in Brooklyn. When he told me how much his property taxes are, I was in total shock. Even if he had no mortgage to pay, he would still need to pay around $2,000/month for the privilege of living in Monsey (and probably has a higher tuition bill too).

While the mean rate is #11, I am sure if it were checked by county, Kings county probably has one of the lowest effective rates in the nation.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline yesitsme

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Re: The Pros And Cons Of Where You Live
« Reply #3112 on: July 13, 2018, 01:27:11 AM »
https://www.bloomberg.com/news/articles/2018-07-12/tax-math-sends-westchester-home-sales-sliding-most-since-2011

I donít see how statewide mean numbers could mean much. Property (and school) taxes are a very localized issue. I spoke to a friend/client of mine that moved to Monsey from C.H. a couple of years ago, because he preferred to have a spacious house rather than living in a condo in Brooklyn. When he told me how much his property taxes are, I was in total shock. Even if he had no mortgage to pay, he would still need to pay around $2,000/month for the privilege of living in Monsey (and probably has a higher tuition bill too).

While the mean rate is #11, I am sure if it were checked by county, Kings county probably has one of the lowest effective rates in the nation.
It's the formula how states evaluates the school district that sucks,
Every district must provide free public schools for all residents plus some basic services for private schools, which cost a fortune, the state gives out education grants based on how poor/rich the community is.
The formula used is they calculate total real estate value of the district which obviously includes those that don't have any kids elderly etc and those that send to private schools divided by the amount of PUBLIC school students, turns out that in a district where most residents send to private schools like monsey and Lakewood pay much more taxes towards education since they don't get as many grants from the state, even if 90% of the public school students are eligible for free meals due to income eligibility.

Agudas yisroel should work on changing the formula either the exclude the private school real estate or they split it by total private+public school students.

Offline henche

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Re: The Pros And Cons Of Where You Live
« Reply #3113 on: July 13, 2018, 11:47:54 AM »
It's also useless since it's a state average, and you're not moving to Decatur, IL, nor to Buffalo, NY.

Offline skyguy918

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Re: The Pros And Cons Of Where You Live
« Reply #3114 on: July 13, 2018, 12:56:40 PM »
It's also useless since it's a state average, and you're not moving to Decatur, IL, nor to Buffalo, NY.
I was actually just by a relative for shabbos and their shul was making a farewell kiddush for a family moving to Buffalo. ;D

Offline Ergel

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Re: The Pros And Cons Of Where You Live
« Reply #3115 on: July 13, 2018, 01:05:31 PM »
For dental school?
Life isn't about checking the boxes. Nobody cares.

Offline ExGingi

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Re: The Pros And Cons Of Where You Live
« Reply #3116 on: July 13, 2018, 01:10:34 PM »
It's also useless since it's a state average, and you're not moving to Decatur, IL, nor to Buffalo, NY.
I am indeed not moving to any of those, but Buffalo is definitely a decent destination. The prospects of drastically higher IL taxes is a very real risk IMHO.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline skyguy918

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Re: The Pros And Cons Of Where You Live
« Reply #3117 on: July 13, 2018, 01:14:40 PM »
For dental school?
Didn't get all the details, but I don't think so. Sounded like either his current job was relocating him there (don't know what he does).

Offline henche

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Re: The Pros And Cons Of Where You Live
« Reply #3118 on: July 13, 2018, 01:24:41 PM »
I am indeed not moving to any of those, but Buffalo is definitely a decent destination. The prospects of drastically higher IL taxes is a very real risk IMHO.

My point is that dollar for dollar, you will pay less in RE taxes are lower in Chicago than in Monsey or your favorite Northeast NJ community.  That's why the statewide average is misleading. 

Offline ExGingi

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Re: The Pros And Cons Of Where You Live
« Reply #3119 on: July 13, 2018, 01:29:15 PM »
My point is that dollar for dollar, you will pay less in RE taxes are lower in Chicago than in Monsey or your favorite Northeast NJ community.  That's why the statewide average is misleading.
But the dollar amount (and definitely as a percentage of FMV) in Brooklyn is very low.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan