Which of the fourteen states along the AT corridor has the lowest property tax? I live in PA and would like to move someplace to retire and hike my senior years.
Which of the fourteen states along the AT corridor has the lowest property tax? I live in PA and would like to move someplace to retire and hike my senior years.
For sure NOT Vermont.
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west virginia
http://taxes.about.com/od/statetaxes...rst-states.htm
Definitely NOT NJ!
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Don't know if it is the lowest property tax overall, but my Dad went from the highly taxed state of Rhode Island to the consistently rated high North Carolina. Virginia was rated high. In that Forbes article I linked, other AT northeast states are also rated terrible for retirement (New York, Maine, Mass, Maryland, PA).
Basically, north of the Mason-Dixon line seems terrible for retirement. South? Not so much. (Many northeast transplants in North Carolina now it seems!)
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The true harvest of my life is intangible...a little stardust caught,a portion of the rainbow I have clutched -Thoreau
Well, sorry for the drift and not answering your specific question, but forget the east coast and come on out to God's Country, Colorado, where taxes are very low. My 2500 sq. ft. house has $2100/year property taxes. 3.5% state sales tax (some counties and city's have more; I pay 4.5% in my Denver suburb). 4.6% income tax. I'm sure there are even cheaper states out west, but I'm happy as a lark for my retirement income tax burden.
Forget Connecticut, too. Take a look at New Hampshire & try to find a town there with few or no services, hence less need to tax.
"It goes to show you never can tell." - Charles Edward Anderson Berry
In that Forbes article, Arizona, Colorado and Utah were all rated high, too.
Obviously, Forbes may have a different criteria than others for what is "best", but shows how the Northeast is just expensive, highly taxed and not the best place for a retirement income!
FWIW, Dad is enjoying North Carolina.
Paul "Mags" Magnanti
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The true harvest of my life is intangible...a little stardust caught,a portion of the rainbow I have clutched -Thoreau
I had a cottage in Maine that I sold last year >>> it sold for $130,000 an my property taxes were $900 a year ..that's pretty low ...
also I just read in one of the financial mags that Bangor was listed as one of the best places to live on a retirement budget (but it is a long winter)
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I could suggest South Carolina. It is not ALONG the trail but within decent distance of the AT as well as many others.
Well don't buy in Maryland, they even tax the rain here!
My guess would be WV and TN.
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I've looked at Front Royal property before and if I recall correctly the property tax in Warren County VA was around 1% of market value but it would be good to recheck since I looked at it a few years ago.
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Not Maine, we have one of the highest tax burdens in the country and work is hard to find. I love Maine, but when we retire we will have to move out of state.
Thanks everyone. WV, NC and VA look ok. Thought that others have wanted to know.
How about Tennessee? Wonder how much it is there.
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