Tax Comparison: West memphis, AR vs West chester, PA
Understanding Your Tax Burden
This page compares the three main types of taxes between West memphis, AR and West chester, PA: 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
West memphis, AR
$2,524
Based on a $419,200 home
Rate: 0.6022%
West chester, PA
$5,620
Based on a $419,200 home
Rate: 1.3406%
Data | West memphis, AR | West chester, PA |
---|---|---|
Effective Property Tax Rate | 0.6022% | 1.3406% |
Estimated Property Tax | $2,524 | $5,620 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in West memphis, AR are $3,095 lower than in West chester, PA 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
AR
2%-4.4%
Single: $3,625
Married: $6,525
PA
3.07%
Single: $3,070
Married: $5,526
Data | AR | PA |
---|---|---|
Tax Rate | 2%-4.4% | 3.07% |
Single Filer ($100k) | $3,625 | $3,070 |
Married Couple ($200k) | $6,525 | $5,526 |
Median Income ($80.6k) | $3,145 | $2,474 |
Comparison: Income taxes in PA are $671 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
West memphis, AR
12.625%
Combined rate
Annual sales tax: $1956
(Based on $15,500 spending)
West chester, PA
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Data | West memphis, AR | West chester, PA |
---|---|---|
State Sales Tax | 6.50% | 6.00% |
Combined Sales Tax | 12.625% | 8.000% |
Annual Tax Amount | $1,956 | $1,240 |
Comparison: Shopping in West chester, PA costs $716 less in annual sales tax than in West memphis, AR for the average household.
Tax Comparison Insights
Tax Insights: West memphis vs West chester
- Property Tax: West memphis has a 0.7384 percentage points lower effective property tax rate than West chester.
- Income Tax: Living in PA could save you approximately $671 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in West chester is 4.63 percentage points lower than in West memphis.
Overall Tax Burden Comparison
West memphis, AR
$7,625
Combined annual tax burden
Property
$2,524
Income
$3,145
Sales
$1,956
West chester, PA
$9,333
Combined annual tax burden
Property
$5,620
Income
$2,474
Sales
$1,240
Overall Comparison: West memphis, AR has an estimated $1,708 lower total tax burden than West chester, PA 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.