Home Tax Guide

In the time period ending on July 1st, 2008, California lost over 144,000 residents in the past year.  This was more than any other state.  Much of this has to do with the high property taxes as evidenced by the January 18th, 2009 story featuring Mike Reilly and his family. (Rochester Democrat and Chronicle AP story)  Reilly moved to Colorado and will be exchanging $4300.00 in California’s property taxes for Colorado and a $1300.00 property tax bill.   Many Californian’s are joining Mike in order to escape the state’s exhorbitant property taxes and going to other less expensive locations.

In upstate New York, especially in the western part of the state, “New York bears the nation’s highest property tax burden as a percentage of home values.” (This according to an article by Brian Sharp in the January 19th, 2009 issue of the Rochester Democrat and Chronicle.)  “The reason upstate New York is so high,” explains Tax Foundation economist Gerald Prante, “is they spend a lot on local government, especially on education, but they don’t have high home values like the rest of the state.”

“The rankings come as no surprise at all, Monroe County Executive Maggie Brooks said.  Property taxes are out of control in upstate New York.  High property taxes have created a crisis in upstate and all of New York.”  Brooks also said, “property taxes in New York State are 79% above the national average.”

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