Where can i find a list of ACCURATE TAX RATES for each State

[Colin M.]

Hi there

Im a NYC based investor, investing throughout the country but find it hard to get clear data on state/local taxes for other parts of the country!

Where would you guys recommend i search online? The local county/state websites tend to get very confusing/detailed/unnecessary with certain info.

Is there a central website that just shows me the taxes laid out in black and white, state by state, county by county?

[James Johnson]

I will only speak for Texas. Each property has 4-7 "taxing jurisdictions" which potentially can change their tax rates every single year. Add all of these up and you get the total tax rate for that specific property. You could potentially have properties 1 mile apart and have one property at a 2.7% tax rate and the other at 3.1%, it just depends if the property is located within certain taxing jurisdictions. 

For a quicker analysis, the average tax rate for Texas is 2.8% (2.8 cents per $1). Austin Tax rates average lower, but most other big cities hover around the 2.8 number.

Hope this helps for Texas! I don't believe you will be able to find a list of what you are looking for because each property can be different, down to the school district.