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See the pie chart in the post again -- citizens of Galesburg are paying 9.89% property tax on their home, not 0.5%. There are a lot of other taxes that make up
by beowulfey 5y ago
See the pie chart in the post again -- citizens of Galesburg are paying 9.89% property tax on their home, not 0.5%. There are a lot of other taxes that make up the total property tax. Your 1.6% is incredibly low, in my experience.
- sackofmugs 5y agoI don't believe their property taxes are 10%. $50,000 per year on a $500,000 home? Come on
- sgerenser 5y agoAccording to the article, most houses are more like $50-$100k, but 10% would still be a very high property tax rate.
- beowulfey 5y agoYou’re right, I looked it up— it’s only 1.41%, I must have misread that chart myself. My state, they can go up to 7.5% so I didn’t really think too hard about it, but I think I’m desensitized to how crazy high that is…