Tax Comparison: Braham, MN vs Bell city, LA
Understanding Your Tax Burden
This page compares the three main types of taxes between Braham, MN and Bell city, LA: 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
Braham, MN
$4,368
Based on a $419,200 home
Rate: 1.0420%
Bell city, LA
$1,862
Based on a $419,200 home
Rate: 0.4441%
Data | Braham, MN | Bell city, LA |
---|---|---|
Effective Property Tax Rate | 1.0420% | 0.4441% |
Estimated Property Tax | $4,368 | $1,862 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Bell city, LA are $2,506 lower than in Braham, MN 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
MN
5.35%-9.85%
Single: $5,319
Married: $9,574
LA
1.85%-4.25%
Single: $4,067
Married: $7,321
Data | MN | LA |
---|---|---|
Tax Rate | 5.35%-9.85% | 1.85%-4.25% |
Single Filer ($100k) | $5,319 | $4,067 |
Married Couple ($200k) | $9,574 | $7,321 |
Median Income ($80.6k) | $5,481 | $3,424 |
Comparison: Income taxes in LA are $2,057 lower than in MN 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
Braham, MN
9.875%
Combined rate
Annual sales tax: $1530
(Based on $15,500 spending)
Bell city, LA
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
Data | Braham, MN | Bell city, LA |
---|---|---|
State Sales Tax | 6.88% | 5.00% |
Combined Sales Tax | 9.875% | 12.000% |
Annual Tax Amount | $1,530 | $1,860 |
Comparison: Shopping in Braham, MN costs $330 less in annual sales tax than in Bell city, LA for the average household.
Tax Comparison Insights
Tax Insights: Braham vs Bell city
- Property Tax: Bell city has a 0.5979 percentage points lower effective property tax rate than Braham.
- Income Tax: Living in LA could save you approximately $2,057 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Braham is 2.13 percentage points lower than in Bell city.
Overall Tax Burden Comparison
Braham, MN
$11,379
Combined annual tax burden
Property
$4,368
Income
$5,481
Sales
$1,530
Bell city, LA
$7,145
Combined annual tax burden
Property
$1,862
Income
$3,424
Sales
$1,860
Overall Comparison: Bell city, LA has an estimated $4,234 lower total tax burden than Braham, MN 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.