Quote Originally Posted by Fnemecek View Post
Property taxes range from $2,000 - $3,000 per year - depending on the assessed value of one's home. In addition, there is $300 solid waste fee that is added onto residential property taxes.

The average for all homeowners in the U.S. is $1,183, according to the January 2010 issue of FORBES, to put that in perspective.

Residents pay a 2.5% income tax. Non-residents pay a 1.25% version of it.

There is also a utility tax of 1.25% that gets tacked onto all utility bills.

Is there anyway to get your taxes lowered? Say if you were trying to rehab several homes and get them occupied? No wonder homes in Detroit are going for next to nothing!