The worst places to live if the tax bill passes
Tuesday Dec 19th, 2017
Here’s where you don’t want to be living in the final Republican tax bill passes; condolences to homeowners in New York, Long Island, and Newark.
The list was compiled by Trulia based on metro areas with the highest concentration of homeowners who pay more than $10,000 in annual property taxes.
11. Houston, Texas
Effective property tax rate for 2016: 1.7%
Household property tax bills above $10,000: 10.2%
Home value at which property tax bill exceeds $10,000: $583,371
10. Cambridge, Massachusetts
Effective property tax rate for 2016: 1.2%
Household property tax bills above $10,000: 10.8%
Home value at which property tax bill exceeds $10,000: $866,626
9. Austin, Texas
Effective property tax rate for 2016: 1.6%
Household property tax bills above $10,000: 11.4%
Home value at which property tax bill exceeds $10,000: $619,641
8. Chicago, Illinois
Effective property tax rate for 2016: 1.9%
Household property tax bills above $10,000: 11.8%
Home value at which property tax bill exceeds $10,000: $519,453
7. Boston, Massachusetts
Effective property tax rate for 2016: 1%
Household property tax bills above $10,000: 12.4%
Home value at which property tax bill exceeds $10,000: $988,190
6. San Jose, California
Effective property tax rate for 2016: 0.6%
Household property tax bills above $10,000: 18%
Home value at which property tax bill exceeds $10,000: $1,561,628
5. San Francisco, California
Effective property tax rate for 2016: 0.6%
Household property tax bills above $10,000: 19.9%
Home value at which property tax bill exceeds $10,000: $1,762,341
4. Fairfield County, Connecticut
Effective property tax rate for 2016: 0.6%
Household property tax bills above $10,000: 20.6%
Home value at which property tax bill exceeds $10,000: $783,275
3. New York, New York
Effective property tax rate for 2016: 1.2%
Household property tax bills above $10,000: 22.7%
Home value at which property tax bill exceeds $10,000: $848,752
2. Newark, New Jersey
Effective property tax rate for 2016: 2.1%
Household property tax bills above $10,000: 33.7%
Home value at which property tax bill exceeds $10,000: $468,957
1. Long Island, New York
Effective property tax rate for 2016: 1.9%
Household property tax bills above $10,000: 46.5%
Home value at which property tax bill exceeds $10,000: $522,432
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