Understand that we live in "The Town That Time Forgot" ROFL!!
Can't give you specifics bc DH writes the checks! However, when we were considering moving our horses from where we kept them to a property with them in the backyard, we checked on taxes and insurance. In OUR case, the total of the two did not change. We paid less insurance and higher taxes in Champaign, IL (1/4 acre property). Now, we pay higher insurance and lower total taxes on 5 acres in Longview, IL.
Our place in 2009, one year after new fencing, including the ruts
We pay ~$2,500.00/year for our taxes.
Our 5 acre property, which came with a 6 bedroom house, 4-car garage, a barn w/adjoining shelter/loft (500 bale capacity), tool shed, other outbuilding (single car size), was ~ $90K. It also had 4 separate fenced-in and gated pastures/turnouts.
We now have 5 areas with horse fencing, instead of the old cattle fencing.
We closed on October 31, 1999. Our zoning, THE most important thing to consider, is AG2, which enables us to keep livestock. At the time we bought our place, other local horse people were buying 20 acre, undeveloped properties in a horse-friendly development. The 20 acre lots with nothing on them were more expensive than my whole package. But other people probably didn't like our neighborhood, very rural, with many inexpensive homes, which bothers me NOT AT ALL. Funny, that, since I grew up in the expensive burbs of "Chicago-land!"