Articles for tag: Homestead Exemption, Mississippi, Retirement Communities, Zillow

Cost of Living If You Retire in Mississippi

Mississippi, with its friendly people, slower pace of life, and mild winters, plus the fact that the state has one the lowest costs of living in the country, make it an attractive place to retire. According to Visit Mississippi, the state has 21 retirement communities that have passed a certification process based on standards that ...

Karla News

Property Tax Breaks in Illinois

Property taxes in Illinois are assessed and collected on a local level by counties, municipalities, townships, schools and park districts. Real property, other than farmland, is assessed at 33 1/3 percent, except in Cook County, where the assessment ratio is 16 percent. Farmland is assessed based on its agricultural economic value, which is determined based ...

Property Tax Exemptions in Oregon

Property taxes in Oregon are administered by the counties. Tax rates are established in terms of $1,000 of assessed value. According to the Oregon.gov website, the Oregon Constitution limits increases in the maximum assessed value of a property to no more than 3% a year. But there are exceptions such as an addition or a ...

Property Tax Exemptions in Nebraska

Property taxes in Nebraska are high compared to other states. According to the Tax Foundation, Nebraska ranked 5th among the states in 2009 in terms of taxes as a percentage of median home value at 1.76%. There are certain homestead exemptions that can reduce the tax burden. The categories of homestead exemptions include homeowners age ...