Prop taxes slam NY area hardest
Written by Written by Rob Lillpopp on October 30, 2009 – 7:58 am

Andy Soltis of the New York Post reports - “Hard-hit New York and New Jersey homeowners not only pay more in property taxes than anyone else in the nation, they also give up a bigger percentage of their income for it.

New census data show that residents of four counties in the Empire State and six in the Garden State paid an average of more than 7 percent of their income in real-estate taxes.

The national average is 2.85 percent.

The worst proportional tax bite in the nation falls on New Jersey’s Passaic County.

The average homeowner there has an annual income of $85,088 and pays $7,095 a year in real-estate taxes.”

To read the rest of the stor click here.

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