LouNY
Super Star Member
- Joined
- Jul 4, 2015
- Messages
- 14,283
- Location
- Greenwich, NY
- Tractor
- Branson 8050, IH 574, Oliver 1550 Diesel Utility (traded in on Branson) NH 8160. Kioti CK2620SECH
Around here the property and school taxes will run well over $6000 for a moderate home, a small farm will be over $20,000. Larger places and other locations can be and often are higher and much higher.I think the property taxes in my county are very reasonable and are actually used for things that I can see: fire district, roads, and yes local schools. When my kids were in school, older people paid for them and I’m ok with paying for the next generation, provided that the cost is reasonable, and in my case it is.
I've seen mortgages were the tax escrows are larger then the principle and interest payment.