Dallas area pay rates?

Heather, R.N. · Sep 14, 2006

I'm not sure about hourly rates for 3 years experience, but you're probably looking at $25/hour, give or take. As far as taxes, it is really dependent upon what ISD the house is located in, but you're looking at a max of 3% for everything. ISD taxes are going down, though, so 3% is a high figure.

TheCommuter, BSN, RN · Sep 22, 2006

i want to buy a house,how much taxes i would have to pay for lets say a 150k house?thanks a lot everybody!

I live in a $105,000 house located in a supposedly 'good' school district and pay about $3,700 yearly in property taxes. $2,000 of this amount goes directly to the oppressive ISD (independent school district) tax. So wonder the state of Texas ranks 45 out of 50 in the nation for homeownership rates.

I only paid $1,800 yearly in property taxes when living in California last year.

cotzoo · Sep 22, 2006

Hey there,thanks so much for the advice.I'm waiting to hear from Baylor or Presby,hopefully I'll get a job soon;)

gauge14iv, MSN, APRN, NP · Sep 24, 2006

I live in a $105,000 house located in a supposedly 'good' school district and pay about $3,700 yearly in property taxes. $2,000 of this amount goes directly to the oppressive ISD (independent school district) tax. So wonder the state of Texas ranks 45 out of 50 in the nation for homeownership rates.
I only paid $1,800 yearly in property taxes when living in California last year.

Yes but you had state income tax - we don't have that here.

teeituptom, BSN, RN · Sep 24, 2006

Texas has some sucky things about it.

But the Dallas area and north of it have had an explosion of golf courses. I love it.

I do a bit over 6 figures a year and have been doing so for over 10 yrs now.

But why are you looking at a 150k house. I assume your a lot younger than me.You should be looking for something more than that,

TheCommuter, BSN, RN · Sep 27, 2006

But why are you looking at a 150k house. I assume your a lot younger than me.You should be looking for something more than that,

Everyone has different wants and needs.

I paid for my brand-new house with cash and, because I wanted to avoid unnecessary mortgage payments, my decision was to buy a lower-priced home. It was a choice between putting $125,000 down on a more expensive home and making payments, or finding a cheaper house for less than $125,000 and having no mortgage. I opted to have no mortgage and my life is now much easier. Keep in mind that the vast majority of Texans don't earn as much money as you.

To each his own.

To each her own.

chris_at_lucas_RN, RN · Sep 27, 2006

I live in a $105,000 house located in a supposedly 'good' school district and pay about $3,700 yearly in property taxes. $2,000 of this amount goes directly to the oppressive ISD (independent school district) tax. So wonder the state of Texas ranks 45 out of 50 in the nation for homeownership rates.
I only paid $1,800 yearly in property taxes when living in California last year.

Yeah, but in Texas there is no income tax. So if you make $10 an hour or $100 an hour, your property tax for the same property is the same.

I think that's worth something.

gauge14iv, MSN, APRN, NP · Sep 27, 2006

Everyone has different wants and needs.
I paid for my brand-new house with cash and, because I wanted to avoid unnecessary mortgage payments, my decision was to buy a lower-priced home. It was a choice between putting $125,000 down on a more expensive home and making payments, or finding a cheaper house for less than $125,000 and having no mortgage. I opted to have no mortgage and my life is now much easier. Keep in mind that the vast majority of Texans don't earn as much money as you.
To each his own.
To each her own.

Out of curiousity - why would someone let 125k of their money sit tied up in a house (where they can't get to it quickly when they need it )that appreciates at a much lower rate than a solid investment portfolio, even with a reasonable mortgage interest? I'm just curious - I have never really understood the reasons for that and I'd be curious to hear them.

TheCommuter, BSN, RN · Sep 27, 2006

Out of curiousity - why would someone let 125k of their money sit tied up in a house (where they can't get to it quickly when they need it )that appreciates at a much lower rate than a solid investment portfolio, even with a reasonable mortgage interest? I'm just curious - I have never really understood the reasons for that and I'd be curious to hear them.

I'm a low-risk person and real estate has always paid off for me.

I bought my first home in Central California in 2003 and that house has doubled in value. I bought my second home in California for $150,000 and sold it for $300,000 one year later. I know that the homes in Texas appreciate at a much slower rate, but I have 40 years until retirement.

txspadequeenRN, BSN, RN · Sep 27, 2006

:uhoh3:

:eek:

:eek:

:eek: Man , yall are choking me with some of these house prices..JJJJJJEEEZZZZZ... I paid 55K for my 4 bedroom in SW Ft Worth about 10 years ago (since then have moved).. but I threw up for a week after signing the papers... I guess Im 2 cheap...

gauge14iv, MSN, APRN, NP · Sep 28, 2006

Sounds like perfectly good reasons to me. If it has worked before then of course you would do it again!