Same for Virginia, especially the further south and west you go.
There's NOVA and then the rest of Virginia. A lot of areas in Appalachia are like this, WV just doesn't have any major economic hubs like the other states do.
Same for Virginia, especially the further south and west you go.
While that is very useful for actually purchasing a home - its not so meaningful from a macro economic sense. Many small towns make it impossible to have apartment buildings due to zoning. So it doesn't really tell you a whole lot about the state economics or housing market.I don't go by state I go by more local percentage as in the town you live in. My town is 91% owner occupied
WV is somewhere in the middle overall tax burden:And if I remember correctly, West Virginia is a high tax state.
Many small towns make it impossible to have apartment buildings due to zoning.
Yeah, same for Long Island, NYNot that I've ever been able to figure out why Virginia is a high tax state, it's not obvious where the money is spent.
Im surprised to see such a dysfunctional story from Motley. It seems like the author didnt write the story and some clueless individual did. Unless I am missing something in my quick skim over it. Im not sure what to believe.I mean it's pretty obvious.
Average house price by state
The average house price in the United States as of the fourth quarter of 2023 is $417,700. See how states compare here.www.fool.com
When we started searching for a state to retire in, West Virginia came up on the high side.. I am going to see if I can find a chart of high taxes per state for retired folks.
Yeah, same for Long Island, NY
I think is what caught my eye when researching West Virginia as a retirement state (cut and pasted from your link":State taxes for retirees and non retirees can be very different!
Best States to Retire for Taxes 2024 - Tax-Friendly States for Retirees
Some states have taxes that are friendlier to retirees' financial needs than others. Use SmartAsset's set of calculators to find out the taxes in your state.smartasset.com
Ag,Im surprised to see such a dysfunctional story from Motley. It seems like the author didnt write the story and some clueless individual did. Unless I am missing something in my quick skim over it. Im not sure what to believe.
The writer uses the same numbers fur two different words in the story and both words are two completely different sets of stats yet the story uses one set of stats for both the words "average price" and "median price" So are the charts properly labeled median? or should it be labeled average?
I suspect median but since both terms are used one would question which is it... really strange to want to rely on the data not knowing what the writer is talking about.
Just one example - direct quote
"
Average home price in the United States: $436,800
The median home sales price is $436,800 as of the first quarter of 2023. "
HUH???
I don't go by state I go by more local percentage as in the town you live in. My town is 91% owner occupied
Yes, but he comes from a county of 1.4 million people which is significant and in the country homeownership rate is still over 80%.While that is very useful for actually purchasing a home - its not so meaningful from a macro economic sense. Many small towns make it impossible to have apartment buildings due to zoning. So it doesn't really tell you a whole lot about the state economics or housing market.
Lmao I mean in the entire state there’s got to be some jobs better than the Dollar GeneralWhen the best job available is at the local Dollar General even $146k is out of reach.
Good points, but statistics without full context don't always tell the entire story.Lmao I mean in the entire state there’s got to be some jobs better than the Dollar General
The average wage is $49k in West Virginia
$58k in AZ
$146k vs $409k in AZ for a house is quite the leap.
Lmao I mean in the entire state there’s got to be some jobs better than the Dollar General
Although they were considering doing away with their state income tax at one time recently.