Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
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Property taxes are one thing I will be looking closely at as they will be a major consideration in my golden years.
In suburban Chicago (Cook/Crook County) in 2013 I paid $2,625 for a 900 sq. ft. townhouse. Homes in Cook/Crook County get reassessed for property taxes every 3 years. Because of the housing bust, my taxes were reduced to a low of $1,516 for the past two years. A few days ago I received a notice from Cook/Crook County that my home has been reassessed. According to the local tax assessor, I can expect a property tax increase of between $250 and $300 next year as property values have increased over the past 3 years. And some of my friends wonder why I want to eventually leave Chicagoland and head south? if I stay in this house in Chicagoland for another 10 years (not), I will be spending my golden years eating ramen noodles every night. Villagers you have it made as far as property taxes go.
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Born and raised in Dubuque, Iowa. Chicago 1979 to 1986. Northwest Suburbs of Chicago - Schaumburg since 1988. |
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As a former Indiana Tax Assessor, I can share the following.....As long as the total assessed value of your county increases every year through new construction....your taxes should go down (or at least remain the same if the county is increasing their budgets). When the new building stops in a given taxing district (county) the taxes tend to increase every year. Just remember that while we are in the increasing assessed value stage in most of the Villages, it won't last forever. When there is no building/improving happening in a county, the taxes will generally go up each year as the budgets needs of the county increase. Enjoy it while it lasts!!
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I may be the last person left in Illinois if I stay here another 9 years (and if that happens I will be a very unhappy camper) . There is even a Facebook page called "Illinois S____, Let's Move Out of State."
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Born and raised in Dubuque, Iowa. Chicago 1979 to 1986. Northwest Suburbs of Chicago - Schaumburg since 1988. |
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If you see something that’s not right, say something. |
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CT voted the worst state to be retired in because of taxes.
They even consider your car as property and you taxed on that! CT is a good state to be from!
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"It doesn't cost "nuttin", to be nice". MOM I just want to do the right thing! Uncle Joe, (my hero). |
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I often wonder what the counties do with the windfall of taxes from TV. Let's assume 100 new homes close each month with an average of say $2000 in tax revenue. Please don't worry about the accuracy of my numbers it's just for illustration. So what does the county do with the extra $2,000,000 or so in revenue they get every year?
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New Jersey, Texas, Mississippi, Delaware, Mississippi, Viet Nam, New York, Guam, New York, Massachusetts, New York, The Villages. |
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Born and raised in Dubuque, Iowa. Chicago 1979 to 1986. Northwest Suburbs of Chicago - Schaumburg since 1988. |
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Approximately $14,000/year on a (less than) quarter acre lot in Bethpage, LI, NY
Big difference to the $1,700 I will pay here!
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Brooklyn, NY; Bethpage, NY; Tamarac, FL and N O W The Village of CHARLOTTE !!!! |
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