For most of my adult life, I lived in same city and paid city taxes. When I was temporarily transferred, we sold our house. When we returned, we purchased a home outside of the city limits. Here were our reasons:
Our choice to move outside the city has been a good one. For about the same amount of property tax, we have better services, much less crime, and significantly better schools. For example, our streets our plowed within hours of the first snow and our high school is regularly included among the top schools nationally. In addition, our current municipality does not tax wage earnings.
To me, me it's no surprise that the city population is declining, while the suburban population is growing. The city politicians just don't seem to get it. Like some others, the city is considering raising taxes to cover budget shortfalls and unfunded pension liabilities. I'm very glad we have already voted with our feet.
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This is not financial, tax or policy advice. Please consult a professional advisor.
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