From the WSJ Real Estate Archives

Money Savers: Homes Where
There Are No State-Income Taxes

by Lauren Baier Kim
October 04, 2005

With housing prices on the rise in many areas across the U.S., and winter heating costs expected to skyrocket, many homeowners are looking to cut their living expenses. Because it has no income taxes, Florida has long been a popular relocation spot for retirees. Here is a look at homes in three other states where income taxes won't sap your pocketbook.

  • Hanover, N.H.
  • Spokane, Wash.
  • San Antonio, Texas

PLACE/PRICE: Hanover, N.H./$740,000

PROPERTY TAX*: $12,511

THE PROPERTY: A 2,645-square-foot home located in the heart of Hanover, with 3 bedrooms and 2.5 baths, on 0.28 acres.

DESCRIPTION: Walk to the campus of Dartmouth College from this two-story residence, with a main-level master suite, a loft family room, a central vacuum system, an eat-in kitchen, and a patio with a stone wall.

NOTABLE: There's plenty to do in Hanover -- the college offers cultural and recreational activities, and the Appalachian Trail winds through it. Only a fraction (about 7.5%) of the town's population is 65 or older; the town is served by public transportation; and the nearest hospital is two miles away.

 

   

Note: *Current owner's payment

Sources: Phyllis Browning Company, Windermere Real Estate, Coldwell Banker Redpath & Co.

-- Ms. Kim is a senior editor at RealEstateJournal.com.

Email your comments to lauren.kim@dowjones.com.