Daily Real Estate News  |  May 11, 2007
Top 10 Tax-Friendliest Cities
A recent survey by the District of Columbia government identified the metro areas that take the smallest tax bite. The survey looked at the tax burden for families in the largest city in each of the 50 states and Washington, D.C.

The D.C. government in its survey accounted for local income, sales, real estate, and car/personal property taxes for couples at various income levels. The survey’s rankings provided below from Kiplinger’s Personal Finance Magazine are based on a dual-income couple, with one school-age child and a combined gross income of $75,000 in 2005.

Here are the 10 metro areas that under those circumstances claim the lowest percentage of taxes.
 
  1. Anchorage, Alaska: 4.1 percent
  2. Cheyenne, Wyo.: 4.3 percent
  3. Jacksonville, Fla.: 4.6 percent
  4. Las Vegas, Nev.: 5.4 percent
  5. Honolulu, Hawaii.: 5.6 percent
  6. Memphis, Tenn.: 6.1 percent
  7. Sioux Falls, S.D.: 6.3 percent
  8. Fargo, N.D.: 6.3 percent
  9. Houston, Texas: 6.3 percent
  10. Billings, Mont.: 6.7 percent

Not surprisingly, seven of the top 10 cities above are in states with no income tax.

Source: Kiplinger Personal Finance (05/07)

www.LasVegasGreatHome.com
702-303-3909

www.702HomeMortgage.com
www.InvestVegasRealEstate.com

www.LasVegasRealEstate.asia
 


It is literally true that you can succeed best and quickest by helping others to succeed. - N. Hill

 Las Vegas Real Estate HOME
Las Vegas MLS Listings
Las Vegas Homes Sellers
Las Vegas Home Buyers
Las Vegas High Rise Condo
Relocating to Las Vegas
Las Vegas Neighborhoods
Investing in Las Vegas Real Estate
New Homes
List your Home
Market Commentary
Articles
Las Vegas Community Links
Contact Me