Tax Comparison: Easton, MD vs Healdton, OK
Understanding Your Tax Burden
This page compares the three main types of taxes between Easton, MD and Healdton, OK: 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
Easton, MD
$2,760
Based on a $419,200 home
Rate: 0.6585%
Healdton, OK
$3,236
Based on a $419,200 home
Rate: 0.7720%
Data | Easton, MD | Healdton, OK |
---|---|---|
Effective Property Tax Rate | 0.6585% | 0.7720% |
Estimated Property Tax | $2,760 | $3,236 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Easton, MD are $476 lower than in Healdton, OK 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
MD
2%-5.75%
Single: $4,581
Married: $8,246
OK
0.25%-4.75%
Single: $3,797
Married: $6,835
Data | MD | OK |
---|---|---|
Tax Rate | 2%-5.75% | 0.25%-4.75% |
Single Filer ($100k) | $4,581 | $3,797 |
Married Couple ($200k) | $8,246 | $6,835 |
Median Income ($80.6k) | $3,829 | $3,829 |
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
Easton, MD
6.000%
Combined rate
Annual sales tax: $930
(Based on $15,500 spending)
Healdton, OK
11.500%
Combined rate
Annual sales tax: $1782
(Based on $15,500 spending)
Data | Easton, MD | Healdton, OK |
---|---|---|
State Sales Tax | 6.00% | 4.50% |
Combined Sales Tax | 6.000% | 11.500% |
Annual Tax Amount | $930 | $1,782 |
Comparison: Shopping in Easton, MD costs $852 less in annual sales tax than in Healdton, OK for the average household.
Tax Comparison Insights
Tax Insights: Easton vs Healdton
- Property Tax: Easton has a 0.1135 percentage points lower effective property tax rate than Healdton.
- Income Tax: Both states have similar income tax burdens for median income households.
- Sales Tax: The combined sales tax rate in Easton is 5.50 percentage points lower than in Healdton.
Overall Tax Burden Comparison
Easton, MD
$7,519
Combined annual tax burden
Property
$2,760
Income
$3,829
Sales
$930
Healdton, OK
$8,847
Combined annual tax burden
Property
$3,236
Income
$3,829
Sales
$1,782
Overall Comparison: Easton, MD has an estimated $1,328 lower total tax burden than Healdton, OK 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.