Details about this story
- Source: St. Petersburg Times
- Date: March 26, 2006
- URL: Read the story
- Bylines:
Joni James ,
Matthew Waite
- Topics:
Tax ,
Real Estate
- Data Types:
Local Data ,
Mapping
- Description/Excerpt: The St. Petersburg Times analyzed the property taxes of every homesteaded property in the five-county west-central Florida area - 722,358 properties - and found:
--Boom towns and high growth areas pay taxes on a far higher percentage of home value than do more established neighborhoods. In other words, the new growth so often criticized for not paying for itself is shouldering a higher portion of the tax burden than established neighborhoods.
--The widest disparities, neighbor to neighbor, are found in established areas, where values have skyrocketed the most during the boom. New owners in hot neighborhoods can pay 10 times or more taxes than people who have lived there for years.
- Database or Graphic: Go to site (com/2006/webspecials06/save_our_homes/map/)
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