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calendar   Friday - November 07, 2008

NYC Suburban Tax Bite

Back in Sept. the U. S. Census bureau data from last year shows the highest property taxes paid by property owners in the country.  The 2007 American Community Survey put together a list of the twenty counties with the highest property taxes.  The data is online at The Tax Foundation..










The 20 counties with the highest property taxes in America, and their median tax bill.
1 ) Westchester County, NY: $8,422.11) Putnam county, NY: $6,860
2 ) Hunterdon County, NJ: $8,224.12) Suffolk County, NY: $6,763
3 ) Nassau County, NY: $8,153.13) Monmouth, NJ: $6,494
4 ) Bergen County, NJ: $7,797.14) Lake county, IL,: $6,089.
5 ) Somerset County, NJ: $7,597.15) Hudson county, NJ: $6,007.
6 ) Rockland County, NY: $7,535.16) Fairfield County, CT: $5,962.
7 ) Essex County, NJ: $7,281.18) Sussex county, NJ: $5,803.
9 ) Union county, NJ: $7,00719) Mercer county, NJ: $5,734.
10) Passaic County, NJ: $6,92820) Warren County, NJ: $5,673.

Nationwide, the median tax bill is $1838.

This little map outlines those counties in red. 19 of the highest taxed counties in the country are in the Tri-State counties outside of New York City. The counties outlined in blue are in the Top 50 counties with the highest property taxes. A similar situation exists around Chicago.

image

Interesting that it the suburban areas outside the cities, the bedroom communities of New York City, Chicago and perhaps Philadelphia, that pay the highest property taxes, but not the cities themselves. Looks to me like the Wealth is already well Spread Around.


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Posted by Drew458   United States  on 11/07/2008 at 02:20 PM   
Filed Under: • Taxes •  
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