CNBC reports that Hialeah, Fla., topped the list of places to own a home and save on taxes.
To help would-be homeowners keep their budgets in check, personal finance website GoBankingRates determined the best places in which to buy or own a home by looking at median home values as well as state and local tax rates, including income, sales and use tax rates (where applicable) and property taxes as a percentage of market value. The study of the 200 largest U.S. cities is based on data from Zillow and the Census Bureau’s 2017 American Community Survey.
Following Hialieah, where residents face no income taxes and an effective property tax rate of just 0.513%, St. Petersburg, Fla., North Las Vegas, Nev., Fremont, Calif., and Jersey City, N.J.
