The low cost of housing in the Buffalo Niagara region has a dark side: Homeowners here pay among the highest real estate taxes, as a percentage of home value, in the nation.
Niagara County homeowners’ median annual real estate taxes were 2.91 percent of the median home value of Niagara County homes in 2006, the second-highest percentage in the country, according to the Washington, D.C.- based Tax Foundation, a nonpartisan tax research group that analyzed newly released census data. The actual median tax paid in Niagara County was $2,638, ranking 145th in the nation.
Read more, from The Buffalo News
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