Tax Comparison: Amory, MS vs Greeley, CO

Understanding Your Tax Burden

This page compares the three main types of taxes between Amory, MS and Greeley, CO: property tax, income tax, and sales tax. Each of these has a different impact on your overall cost of living.

Property Tax Comparison

Property taxes are collected by local governments and used to fund schools, infrastructure, and other local services. They're typically based on the assessed value of your property.

Our property tax estimates are based on:

  • U.S. median home value: $419,200 (2023 data)
  • Local effective tax rates for both cities

Amory, MS

$3,126

Based on a $419,200 home

Rate: 0.7457%

Greeley, CO

$2,114

Based on a $419,200 home

Rate: 0.5044%

Data Amory, MS Greeley, CO
Effective Property Tax Rate 0.7457% 0.5044%
Estimated Property Tax $3,126 $2,114
Home Value Used $419,200 $419,200

Comparison: Property taxes in Greeley, CO are $1,012 lower than in Amory, MS for the same home value.

State Income Tax Comparison

Income tax rates and brackets vary by state, impacting residents' overall tax burden. The estimates below are based on standard deductions and typical filing scenarios.

Our income tax estimates consider:

  • Single filer: $100,000 annual income
  • Married couple: $200,000 combined income
  • Median income: $80,600 annual income

MS

4.7%

Single: $3,960

Married: $7,128

CO

4.4%

Single: $4,400

Married: $7,920

Data MS CO
Tax Rate 4.7% 4.4%
Single Filer ($100k) $3,960 $4,400
Married Couple ($200k) $7,128 $7,920
Median Income ($80.6k) $3,547 $3,547

Comparison: Income taxes are roughly the same in both states for the median household income.

Sales Tax Comparison

Sales tax rates vary by location and can have a significant impact on your day-to-day expenses. These include state, county, city, and special district taxes that together form the total sales tax rate.

Our sales tax estimates consider:

  • Average household taxable spending: $15,500 per year
  • Combined state and local rates for both cities

Amory, MS

8.000%

Combined rate

Annual sales tax: $1240

(Based on $15,500 spending)

Greeley, CO

11.200%

Combined rate

Annual sales tax: $1736

(Based on $15,500 spending)

Data Amory, MS Greeley, CO
State Sales Tax 7.00% 2.90%
Combined Sales Tax 8.000% 11.200%
Annual Tax Amount $1,240 $1,736

Comparison: Shopping in Amory, MS costs $496 less in annual sales tax than in Greeley, CO for the average household.

Tax Comparison Insights

Tax Insights: Amory vs Greeley

  • Property Tax: Greeley has a 0.2413 percentage points lower effective property tax rate than Amory.
  • Income Tax: Both states have similar income tax burdens for median income households.
  • Sales Tax: The combined sales tax rate in Amory is 3.20 percentage points lower than in Greeley.

Overall Tax Burden Comparison

Amory, MS

$7,912

Combined annual tax burden

Property

$3,126

Income

$3,547

Sales

$1,240

Greeley, CO

$7,397

Combined annual tax burden

Property

$2,114

Income

$3,547

Sales

$1,736

Overall Comparison: Greeley, CO has an estimated $515 lower total tax burden than Amory, MS based on our standard scenarios.

Important Tax Disclaimer

The tax information provided above is based on publicly available data and standard assumptions. Actual tax situations will vary based on:

  • Individual financial circumstances
  • Applicable deductions and credits
  • Recent changes in tax laws
  • Personal spending habits
  • Local variations within cities and counties

This comparison is intended for general informational purposes only and should not be considered tax advice. For specific guidance regarding your tax situation, please consult with a qualified tax professional.