Why is TN property tax so high? (Kingsport: homeowners insurance, house)

[sthepoet]

wow. are we going to be in for a surprise when we get to Tn? we live on a 5 acre farm in extreme southern Minnesota, and our taxes per year are 184.00 we have state and federal income taxes as well, our local sales tax is I believe 6.50.

[alleycat]

Originally Posted by sthepoet

wow. are we going to be in for a surprise when we get to Tn? we live on a 5 acre farm in extreme southern Minnesota, and our taxes per year are 184.00 we have state and federal income taxes as well, our local sales tax is I believe 6.50.

Sounds like you're going to be surprised by the property tax here. You only pay $184 a year in property tax? That's lower than any place I know of in Tennessee.

You will be pleasantly surprised by the lack of a state income tax here. Sales tax will be higher however.

Whenever I see rankings of states by how "tax friendly" they are, Tennessee is usually in the bottom (lowest) ten, while Minnesota is usually in the top (highest) ten, so I'm guessing that overall you'll be okay with the taxes here.

[mrradio]

Sorry that I didn't see the question for me until now. Yes, I live near Cookeville now and I'm glad that I do! What a great area-the people, the climate, the cost of living, etc. We love it! I regret that I didn't get to the festival.

New York was insane. I lived there all my life and the politicians always talked about lowering taxes...but they just went up. My neighbor down the block from me was paying $16,000 a year in property taxes in 2000. Our houses were nice but certainly nothing spectacular. Using the Rule of 72, at 8% increases (average) per year, our taxes were going to double in 9 years. We got out and live a much better life now. I wish we had left years ago.

[sthepoet]

so is it less expensive to shop in different counties like for groceries, I do not want to pay that kind of sales tax? Superwalmart is a great place up here for purchasing groceries, but having to figure the sales tax in Tn could really change my grocery budget. So what areas are less expensive without having to drive too far?

[Mike in TN]

Originally Posted by sthepoet

so is it less expensive to shop in different counties like for groceries, I do not want to pay that kind of sales tax? Superwalmart is a great place up here for purchasing groceries, but having to figure the sales tax in Tn could really change my grocery budget. So what areas are less expensive without having to drive too far?

You might save about $10/wk going elsewhere. Would it be worth it?

[AlisonL]

Ok what the heck did I say that was off topic????????????????????????????????????????????? ?????

I am beginning to definitely rethink moving to TN.

[JMT]

Originally Posted by AlisonL

Ok what the heck did I say that was off topic????????????????????????????????????????????? ?????

I am beginning to definitely rethink moving to TN.

Who said you said something off topic? I must've missed something.

And if you did say something off topic, why does that mean you will definitely rethink moving to TN?

[mbmouse]

You all can't see it but I had to delete 14 posts in this thread. The thread is about property and taxes in TN. The 14 posts were either questioning others motives as to why they are choosing what they choose as far as job and place to live, political debates and bickering. They were all off the topic of taxes in TN. If you want to talk about a different TN topic, it is best to start a new thread. To answer your question AlisonL, you were asking Tony about selling his houses and him finding jobs and his motives behind that, what does that have to do with taxes in TN?
SOOOOO.... lets let this go and get back to the subject at hand in this thread, taxes.
Thank you.

[JMT]

Originally Posted by mbmouse

You all can't see it but I had to delete 14 posts in this thread. The thread is about property and taxes in TN. The 14 posts were either questioning others motives as to why they are choosing what they choose as far as job and place to live, political debates and bickering. They were all off the topic of taxes in TN. If you want to talk about a different TN topic, it is best to start a new thread. To answer your question AlisonL, you were asking Tony about selling his houses and him finding jobs and his motives behind that, what does that have to do with taxes in TN?
SOOOOO.... lets let this go and get back to the subject at hand in this thread, taxes.
Thank you.

Oh ok, that makes sense! I forgot that once posts are deleted, we can't see them. DUH. Thanks for setting us straight.

[Kpt.]

I just scanned this thread and noticed comments were made specifically about taxes in Kingsport and Sullivan County. In my quick scan I did not see the following information summary....hope this offers some clarity.

Total City & County property taxes on a $200,000 home in Kingsport, Tennessee = $2,395 per year



For a family of 4....



· No solid waste, garbage, trash or recycling fees

· No special school tax

· No special district tax

· No wheel tax

· No state income tax on salaries/wages

· No personal property tax

· No vehicle inspection fees

· No annual vehicle taxes of any kind

· Water/Sewer = $50 per month

· Electricity = $64 per month

· Natural Gas = $100 per month

· Digital Cable = $80 per month

· Internationally accredited police and fire departments