Tax Comparison: Arcadia, MI vs East haddam, CT
Understanding Your Tax Burden
This page compares the three main types of taxes between Arcadia, MI and East haddam, CT: 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
Arcadia, MI
$4,564
Based on a $419,200 home
Rate: 1.0888%
East haddam, CT
$7,680
Based on a $419,200 home
Rate: 1.8321%
Data | Arcadia, MI | East haddam, CT |
---|---|---|
Effective Property Tax Rate | 1.0888% | 1.8321% |
Estimated Property Tax | $4,564 | $7,680 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Arcadia, MI are $3,116 lower than in East haddam, CT 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
MI
4.25%
Single: $4,250
Married: $7,650
CT
2%-6.99%
Single: $3,800
Married: $6,840
Data | MI | CT |
---|---|---|
Tax Rate | 4.25% | 2%-6.99% |
Single Filer ($100k) | $4,250 | $3,800 |
Married Couple ($200k) | $7,650 | $6,840 |
Median Income ($80.6k) | $3,424 | $4,837 |
Comparison: Income taxes in MI are $1,413 lower than in CT 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
Arcadia, MI
6.000%
Combined rate
Annual sales tax: $930
(Based on $15,500 spending)
East haddam, CT
6.350%
Combined rate
Annual sales tax: $984
(Based on $15,500 spending)
Data | Arcadia, MI | East haddam, CT |
---|---|---|
State Sales Tax | 6.00% | 6.35% |
Combined Sales Tax | 6.000% | 6.350% |
Annual Tax Amount | $930 | $984 |
Comparison: Shopping in Arcadia, MI costs $54 less in annual sales tax than in East haddam, CT for the average household.
Tax Comparison Insights
Tax Insights: Arcadia vs East haddam
- Property Tax: Arcadia has a 0.7433 percentage points lower effective property tax rate than East haddam.
- Income Tax: Living in MI could save you approximately $1,413 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Arcadia is 0.35 percentage points lower than in East haddam.
Overall Tax Burden Comparison
Arcadia, MI
$8,918
Combined annual tax burden
Property
$4,564
Income
$3,424
Sales
$930
East haddam, CT
$13,501
Combined annual tax burden
Property
$7,680
Income
$4,837
Sales
$984
Overall Comparison: Arcadia, MI has an estimated $4,583 lower total tax burden than East haddam, CT 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.