Tax Comparison: Blue mounds, WI vs Saint ignace, MI
Understanding Your Tax Burden
This page compares the three main types of taxes between Blue mounds, WI and Saint ignace, MI: 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
Blue mounds, WI
$7,186
Based on a $419,200 home
Rate: 1.7143%
Saint ignace, MI
$4,351
Based on a $419,200 home
Rate: 1.0380%
Data | Blue mounds, WI | Saint ignace, MI |
---|---|---|
Effective Property Tax Rate | 1.7143% | 1.0380% |
Estimated Property Tax | $7,186 | $4,351 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Saint ignace, MI are $2,835 lower than in Blue mounds, WI 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
WI
3.5%-7.65%
Single: $5,393
Married: $9,707
MI
4.25%
Single: $4,250
Married: $7,650
Data | WI | MI |
---|---|---|
Tax Rate | 3.5%-7.65% | 4.25% |
Single Filer ($100k) | $5,393 | $4,250 |
Married Couple ($200k) | $9,707 | $7,650 |
Median Income ($80.6k) | $4,271 | $3,424 |
Comparison: Income taxes in MI are $847 lower than in WI 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
Blue mounds, WI
7.900%
Combined rate
Annual sales tax: $1224
(Based on $15,500 spending)
Saint ignace, MI
6.000%
Combined rate
Annual sales tax: $930
(Based on $15,500 spending)
Data | Blue mounds, WI | Saint ignace, MI |
---|---|---|
State Sales Tax | 5.00% | 6.00% |
Combined Sales Tax | 7.900% | 6.000% |
Annual Tax Amount | $1,224 | $930 |
Comparison: Shopping in Saint ignace, MI costs $294 less in annual sales tax than in Blue mounds, WI for the average household.
Tax Comparison Insights
Tax Insights: Blue mounds vs Saint ignace
- Property Tax: Saint ignace has a 0.6763 percentage points lower effective property tax rate than Blue mounds.
- Income Tax: Living in MI could save you approximately $847 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Saint ignace is 1.90 percentage points lower than in Blue mounds.
Overall Tax Burden Comparison
Blue mounds, WI
$12,681
Combined annual tax burden
Property
$7,186
Income
$4,271
Sales
$1,224
Saint ignace, MI
$8,705
Combined annual tax burden
Property
$4,351
Income
$3,424
Sales
$930
Overall Comparison: Saint ignace, MI has an estimated $3,976 lower total tax burden than Blue mounds, WI 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.