Among the taxes you might face in retirement, property taxes are usually the most oppressive for retirees, Brady said. According to the Consumer Expenditure Survey, the average American 65 or older pays $1,919 in property taxes, which represents 4.6% of the average income ($41,286) for that cohort. By contrast, the average American age 55 to 64 has income of $68,906 and pays $2,216 in property taxes. That represents just 3.2% of their income. For his research, the 10 states with the highest property taxes were awarded one point on a sliding scale. Property taxes are the big curse for Massachusetts residents.
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