20111028

Property Taxes : One More Reason to Live Here

Our 2011 property taxes just arrived. We live on a acre of land in the middle of town and pay $278 a year in taxes. Yes, a year!

5 comments:

Glenn said...

Not too shabby. I'm curious to know if, with such low property taxes, the local public schools are any good.

Mikey Sklar said...

I've heard New Mexico and Arizona have the worst schools in the country. Also that our region of New Mexico is particularly bad. Probably a homeschool situation for anyone with kids who is thinking of living here.

Ah Ha said...

Property taxes are even lower if the land if used for agricultural purposes. I live ~ 5 minutes south of downtown Albuquerque on 3.25 acres, 2 of the acres are in alfalfa. Yearly taxes on the ag land is ~ $14.00/year. :-)

Yes, New Mexico ranks down at the very bottom or close to the bottom in most areas.

Carlos said...

Property taxes have very little effect on scholastic achievement. DC Schools spend more money per student than anywhere else in the nation and are below average on most performance measures.

morgaineotm said...

While our taxes went up 25% this year, we're still paying 25% OF what our taxes would be on our old property in NJ!!! It seems to be evenly split between fire department and education. Giving up our volunteer fire department was a big mistake for a small city.