A Tale of Two Taxes

Interesting comparison of $2+ MM homes in New York and Connecticut.

$2.2MM, 4,550 SF home in Greenwich, CT, taxes $10,212/yr

$2.5MM, 5,000 SF home in Dobbs Ferry, NY, taxes $57,077/yr

https://www.nytimes.com/2024/01/11/realestate/housing-market-near-nyc.html

intercst

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I think we know cost per student is similar both places. Tax rate depends on number of students and amount of aid received from the state.

Declining birth rate should mean lower property tax rates (but the education establishment resists strongly).