Tax Comparison: Watford city, ND vs Blytheville, AR
Understanding Your Tax Burden
This page compares the three main types of taxes between Watford city, ND and Blytheville, AR: 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
Watford city, ND
$1,728
Based on a $419,200 home
Rate: 0.4123%
Blytheville, AR
$2,339
Based on a $419,200 home
Rate: 0.5579%
Data | Watford city, ND | Blytheville, AR |
---|---|---|
Effective Property Tax Rate | 0.4123% | 0.5579% |
Estimated Property Tax | $1,728 | $2,339 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Watford city, ND are $610 lower than in Blytheville, AR 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
ND
1.95%-2.5%
Single: $1,887
Married: $3,397
AR
2%-4.4%
Single: $3,625
Married: $6,525
Data | ND | AR |
---|---|---|
Tax Rate | 1.95%-2.5% | 2%-4.4% |
Single Filer ($100k) | $1,887 | $3,625 |
Married Couple ($200k) | $3,397 | $6,525 |
Median Income ($80.6k) | $2,015 | $3,145 |
Comparison: Income taxes in ND are $1,130 lower than in AR 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
Watford city, ND
8.500%
Combined rate
Annual sales tax: $1317
(Based on $15,500 spending)
Blytheville, AR
12.625%
Combined rate
Annual sales tax: $1956
(Based on $15,500 spending)
Data | Watford city, ND | Blytheville, AR |
---|---|---|
State Sales Tax | 5.00% | 6.50% |
Combined Sales Tax | 8.500% | 12.625% |
Annual Tax Amount | $1,317 | $1,956 |
Comparison: Shopping in Watford city, ND costs $639 less in annual sales tax than in Blytheville, AR for the average household.
Tax Comparison Insights
Tax Insights: Watford city vs Blytheville
- Property Tax: Watford city has a 0.1456 percentage points lower effective property tax rate than Blytheville.
- Income Tax: Living in ND could save you approximately $1,130 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Watford city is 4.13 percentage points lower than in Blytheville.
Overall Tax Burden Comparison
Watford city, ND
$5,060
Combined annual tax burden
Property
$1,728
Income
$2,015
Sales
$1,317
Blytheville, AR
$7,439
Combined annual tax burden
Property
$2,339
Income
$3,145
Sales
$1,956
Overall Comparison: Watford city, ND has an estimated $2,379 lower total tax burden than Blytheville, AR 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.