Finding The Best Place to Buy Your New Home,…

Maps And Tools to Help You Buy Your Next Property

This is part of an ongoing project to present data sets and visual tools to help you make the best financial decisions when buying your new home. It will be updated with refreshed data and new tools. If you have any information you would like to see that isn’t presented here, please let us know by clicking here.

Where to Move for The Most Disposable Income

Different areas in the country have different employment opportunities. They also vary widely in their property values and property taxes. We crunched the numbers to find what states and counties give you the most disposable income after paying your mortgage. This is calculated using median salary, home price, and property tax in every area.

Mortgage Bill as a Share of Median Income by State

Mortgage Bill as a Share of Median Income by County

Obviously, no one moves to an entire state. They move to an area within that state, and areas within states can vary widely. So we made an interactive chart for you to find more information about the local area you’re interested in, and the neighboring areas surrounding it. Search by state, county and highlight over the area for more information.

Where can YOU Afford A New Home

Median household income is a good indicator if you want to get a a good understanding of the local economy. But it obviously doesn’t represent everyone’s situation. Enter your income below, and get an estimate of what your financial situation would be like in every county in the country. You can even search the states and counties, and hover over the areas for more information just like you did in the previous tool.

Exactly How Much Would My Mortgage Cost?

Mortgages are complicated. The while we did our best to estimate your monthly payment, the actual amount depends on a lot of factors. Luckily, SmartAsset made this calculator to help you figure out exactly how much you would pay given your unique situation.

States With The Best and Worst Property Taxes

Property taxes are an important question, because not only do they detract from the value of the home, but it’s money paid for the property that doesn’t go towards it’s ownership.  While we included some information about property taxes in our previous tools, we decided to dedicate something specifically to the subject to offer a more comprehensive view. We ended up with two maps to help guide you through the property taxes, whether you’re planning on moving to a different state, or trying to figure out which local area is the best fit for you.

Effective Property Tax Rate By State

Property Tax Data for (Nearly) Every County In The United States

The county level adds a lot more nuance to the subject, and even includes an estimate of how much you can expect to pay.

 

 

Get Priority Access to Latest Home Buying Tools

We are constantly developing new tools. By signing up you will get first access to new tools like rent vs buy calculators, home mortgage comparisons and more. You will even have the opportunity to tell us what features you would like to see, and what problems you would like solved so we can develop the tool specifically to your needs.

Sources:

Property Tax Data: The 2010-2014 American Community Survey, U.S. Census Bureau, NAHB estimates
Home Value Data: Zillow Research

If there is anything you would like to see or find out, that you think might be missing from this page, contact us here, or comment below and we will be happy to help.

5 COMMENTS
  • Anthony
    Reply

    This is great! This is one of the most useful real estate data maps I have seen. I moved across the country (South to North) and I felt like my property taxes were way higher up north, but it turns out the difference is fairly small.

    1. Andresalaz
      Reply

      Thanks! Keep in mind, small effective rates can make a large difference. And that the value of the real estate plays a large role as well. That’s why I included the absolute numbers in the map that breaks it down by county. You have to hover over for a second, but a pie chart should load as well.

  • Www.talkhelper.com
    Reply

    Thanks for the terrific article

  • Andrea
    Reply

    The “Where You Can Afford to Buy a New Home” is one of the best features I’ve seen since I started my real estate journey. Great article!

  • Gina
    Reply

    Thanks to the great guide

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