Asked by Helen, Los Angeles relocating to Memphis • Fri Apr 18, 2008
My family and I are looking to relocate to the Memphis Area. I noticed that the property taxes for one house that was selling for 189,000 had a 2007 property tax of a little over 3600. That seems somewhat high to me. I live in Los Angeles and my property taxes are approx 1600 a year. My neighbor who bought their house in the 70's pay only 724 per year. Also in the Memphis area are there places that have lower property taxes? I was thinking that in retirement we don't want to pay 300 per month on property taxes. Lastly is there somewhere in the country that has lower property taxes or if you are 65 or older you don't have to pay taxes?
Real Estate in Memphis
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