Tax Comparison: Bryson city, NC vs Mahaffey, PA
Understanding Your Tax Burden
This page compares the three main types of taxes between Bryson city, NC and Mahaffey, 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
Bryson city, NC
$1,686
Based on a $419,200 home
Rate: 0.4023%
Mahaffey, PA
$4,990
Based on a $419,200 home
Rate: 1.1904%
Data | Bryson city, NC | Mahaffey, PA |
---|---|---|
Effective Property Tax Rate | 0.4023% | 1.1904% |
Estimated Property Tax | $1,686 | $4,990 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Bryson city, NC are $3,304 lower than in Mahaffey, 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
NC
4.5%
Single: $4,250
Married: $7,650
PA
3.07%
Single: $3,070
Married: $5,526
Data | NC | PA |
---|---|---|
Tax Rate | 4.5% | 3.07% |
Single Filer ($100k) | $4,250 | $3,070 |
Married Couple ($200k) | $7,650 | $5,526 |
Median Income ($80.6k) | $3,424 | $2,474 |
Comparison: Income taxes in PA are $950 lower than in NC 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
Bryson city, NC
7.500%
Combined rate
Annual sales tax: $1162
(Based on $15,500 spending)
Mahaffey, PA
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Data | Bryson city, NC | Mahaffey, PA |
---|---|---|
State Sales Tax | 4.75% | 6.00% |
Combined Sales Tax | 7.500% | 8.000% |
Annual Tax Amount | $1,162 | $1,240 |
Comparison: Shopping in Bryson city, NC costs $78 less in annual sales tax than in Mahaffey, PA for the average household.
Tax Comparison Insights
Tax Insights: Bryson city vs Mahaffey
- Property Tax: Bryson city has a 0.7881 percentage points lower effective property tax rate than Mahaffey.
- Income Tax: Living in PA could save you approximately $950 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Bryson city is 0.50 percentage points lower than in Mahaffey.
Overall Tax Burden Comparison
Bryson city, NC
$6,272
Combined annual tax burden
Property
$1,686
Income
$3,424
Sales
$1,162
Mahaffey, PA
$8,704
Combined annual tax burden
Property
$4,990
Income
$2,474
Sales
$1,240
Overall Comparison: Bryson city, NC has an estimated $2,432 lower total tax burden than Mahaffey, 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.