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Taxes


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Our original two bedroom home of 1100 square feet (pictured above in 2005) on Cushing Avenue in Williston Park, was expanded in 2007 by the new owner to a larger 2400 square foot, four bedroom home (pictured below in 2008).


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That 2400 square foot Williston Park home on a 50 x 100 plot is assessed at a fair market value of $605,000 by the county and has a property tax burden of $14,700 for the 2010-2011 tax year. Compare that to the home below.


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Our 3000 square foot Hendersonville, TN home on an 80 x 200 plot is assessed at a fair market value of $257,000 by the county and has a property tax burden of only $1,750 for the 2010 tax year; that is $13,000 less than the smaller Williston Park home.


While we have a sales tax which is 0.5% more than Nassau County, there is no state income tax in Tennessee.

Bottom Line: Larger home on more property costs $350,000 less and pays $13,000 less per year in property tax. Also the cost of living in the Nashville, TN area is 60% that of Nassau/Suffolk.