Tax Comparison: American fork, UT vs Bedford, VA
Understanding Your Tax Burden
This page compares the three main types of taxes between American fork, UT and Bedford, VA: 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
American fork, UT
$1,914
Based on a $419,200 home
Rate: 0.4567%
Bedford, VA
$1,917
Based on a $419,200 home
Rate: 0.4573%
Data | American fork, UT | Bedford, VA |
---|---|---|
Effective Property Tax Rate | 0.4567% | 0.4573% |
Estimated Property Tax | $1,914 | $1,917 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in American fork, UT are $3 lower than in Bedford, VA 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
UT
4.65%
Single: $4,700
Married: $8,460
VA
2%-5.75%
Single: $5,060
Married: $9,108
Data | UT | VA |
---|---|---|
Tax Rate | 4.65% | 2%-5.75% |
Single Filer ($100k) | $4,700 | $5,060 |
Married Couple ($200k) | $8,460 | $9,108 |
Median Income ($80.6k) | $3,789 | $4,636 |
Comparison: Income taxes in UT are $847 lower than in VA 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
American fork, UT
10.300%
Combined rate
Annual sales tax: $1596
(Based on $15,500 spending)
Bedford, VA
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Data | American fork, UT | Bedford, VA |
---|---|---|
State Sales Tax | 6.10% | 5.30% |
Combined Sales Tax | 10.300% | 8.000% |
Annual Tax Amount | $1,596 | $1,240 |
Comparison: Shopping in Bedford, VA costs $356 less in annual sales tax than in American fork, UT for the average household.
Tax Comparison Insights
Tax Insights: American fork vs Bedford
- Property Tax: American fork has a 0.0006 percentage points lower effective property tax rate than Bedford.
- Income Tax: Living in UT could save you approximately $847 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Bedford is 2.30 percentage points lower than in American fork.
Overall Tax Burden Comparison
American fork, UT
$7,299
Combined annual tax burden
Property
$1,914
Income
$3,789
Sales
$1,596
Bedford, VA
$7,793
Combined annual tax burden
Property
$1,917
Income
$4,636
Sales
$1,240
Overall Comparison: American fork, UT has an estimated $494 lower total tax burden than Bedford, VA 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.