TaxNightmare.org End the property tax nightmare!

September 22, 2009

Filed under: Updates — gioia @ 1:59 pm

NOTHING TO BE PROUD OF…..sept.22

The numbers below show how bad and skewed the property tax situation is in NYS. It shows how careless and callous Albany has been in shoveling the cost of its responsibilities for basic services on to the homes of New York citizens and off its own considerably more ample and flexible revenues from all other sources.

WHILE I AM VERY PROUD OF THE FACT that New Yorkers enjoy many more services and have a higher quality of civic life than if they lived in states that are tax havens for the rich – I am ashamed that this is IN SPITE OF Albany’s governance of the state .

Tragically -Albany battens on its enormous revenues and leaves the funding of services like education and health care and security for retirees largely on the backs of property owners.

Property taxes are based on some bureaucratic decision about the value inherent in homes and are completely and chaotically divorced from family income.

Below is only a part of the story….. The dismal numbers….The real story is the pain and devastation and stress caused by property taxes. It’s an ugly story!

 

Top 10 Counties in Median Real Estate Taxes Paid, 2008

County

State

Median Real Estate Taxes Paid

Westchester

New York

$8,890

Nassau

New York

$8,628

Hunterdon

New Jersey

$8,492

Bergen

New Jersey

$8,446

Rockland

New York

$8,430

Essex

New Jersey

$7,924

Somerset

New Jersey

$7,743

Morris

New Jersey

$7,557

Passaic

New Jersey

$7,370

Putnam

New York

$7,324

Source: 2008 American Community Survey

Table 2
Top 10 Counties in Median Real Estate Taxes Divided by Median Home Value, 2008

County

State

Median Real Estate Taxes as a Percentage of Median Home Value

Niagara

New York

2.89%

Monroe

New York

2.85%

Wayne

New York

2.82%

Chautauqua

New York

2.60%

Cayuga

New York

2.54%

Cattaraugus

New York

2.52%

Onondaga

New York

2.51%

Erie

New York

2.48%

Oswego

New York

2.42%

Chemung

New York

2.38%

Source: 2008 American Community Survey, Tax Foundation calculations

 

As for the percentage-of-home-value measure, counties in upstate New York still dominate as they tend to impose high property taxes on homeowners, albeit in a location with lower home values and thereby higher effective tax rates.

 

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