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REALTOR Magazine Online reported May 11, 2007 on the top 10 tax-friendliest cities in the United States.

The information comes from a recent survey by the District of Columbia government that 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 survey accounted for local income, sales, real estate, and car/personal property taxes for couples at various income levels. The survey’s rankings are based on a dual-income couple, with one school-age child and a combined gross income of $75,000 in 2005.

To no one's surprise, Boston is not in the top 10. The top 10 tax-friendliest U.S. cities are as follows:

  • Anchorage, Alaska: 4.1 percent
  • Cheyenne, Wyo.: 4.3 percent
  • Jacksonville, Fla.: 4.6 percent
  • Las Vegas, Nev.: 5.4 percent
  • Honolulu, Hawaii.: 5.6 percent
  • Memphis, Tenn.: 6.1 percent
  • Sioux Falls, S.D.: 6.3 percent
  • Fargo, N.D.: 6.3 percent
  • Houston, Texas: 6.3 percent
  • Billings, Mont.: 6.7 percent

Seven of the top 10 cities above are in states with no income tax.

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4 Comments on Top 10 Tax-friendliest Cities

Good to that Jacksonville is on the list. I will share this with my Brother who lives there.

 

Gary

05/27/2007 06:47 AM by Gary Schraut, CCIM, CRS, GRI (Coldwell Banker Schraut & Assoc.)


I would love to live in many of these cities.    Some would be too cold for me... thanks for the list

05/27/2007 07:19 AM by Blue Ridge Ga Real Estate >> Real Property in Blue Ridge Georgia (United Country Landmasters)


I just had to see if Asheville was on the list...I guess I'll have to move to Anchorage...thanks for this list. Interesting! Seems like all those cities are either HOT or COLD!

05/27/2007 08:28 AM by Asheville's GREEN Land & Homes ECO-Steward Realty


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