Tax Comparison: Buffalo, NY vs Young harris, GA
Understanding Your Tax Burden
This page compares the three main types of taxes between Buffalo, NY and Young harris, GA: 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
Buffalo, NY
$8,725
Based on a $419,200 home
Rate: 2.0814%
Young harris, GA
$1,531
Based on a $419,200 home
Rate: 0.3652%
Data | Buffalo, NY | Young harris, GA |
---|---|---|
Effective Property Tax Rate | 2.0814% | 0.3652% |
Estimated Property Tax | $8,725 | $1,531 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Young harris, GA are $7,194 lower than in Buffalo, NY 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
NY
4%-10.9%
Single: $5,436
Married: $9,785
GA
5.49%
Single: $5,390
Married: $9,702
Data | NY | GA |
---|---|---|
Tax Rate | 4%-10.9% | 5.49% |
Single Filer ($100k) | $5,436 | $5,390 |
Married Couple ($200k) | $9,785 | $9,702 |
Median Income ($80.6k) | $4,837 | $4,342 |
Comparison: Income taxes in GA are $495 lower than in NY 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
Buffalo, NY
8.875%
Combined rate
Annual sales tax: $1375
(Based on $15,500 spending)
Young harris, GA
9.000%
Combined rate
Annual sales tax: $1395
(Based on $15,500 spending)
Data | Buffalo, NY | Young harris, GA |
---|---|---|
State Sales Tax | 4.00% | 4.00% |
Combined Sales Tax | 8.875% | 9.000% |
Annual Tax Amount | $1,375 | $1,395 |
Comparison: Shopping in Buffalo, NY costs $20 less in annual sales tax than in Young harris, GA for the average household.
Tax Comparison Insights
Tax Insights: Buffalo vs Young harris
- Property Tax: Young harris has a 1.7162 percentage points lower effective property tax rate than Buffalo.
- Income Tax: Living in GA could save you approximately $495 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Buffalo is 0.13 percentage points lower than in Young harris.
Overall Tax Burden Comparison
Buffalo, NY
$14,937
Combined annual tax burden
Property
$8,725
Income
$4,837
Sales
$1,375
Young harris, GA
$7,267
Combined annual tax burden
Property
$1,531
Income
$4,342
Sales
$1,395
Overall Comparison: Young harris, GA has an estimated $7,670 lower total tax burden than Buffalo, NY 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.