Tax Comparison: Cedar rapids, IA vs West helena, AR
Understanding Your Tax Burden
This page compares the three main types of taxes between Cedar rapids, IA and West helena, AR: 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
Cedar rapids, IA
$6,965
Based on a $419,200 home
Rate: 1.6614%
West helena, AR
$2,751
Based on a $419,200 home
Rate: 0.6562%
Data | Cedar rapids, IA | West helena, AR |
---|---|---|
Effective Property Tax Rate | 1.6614% | 0.6562% |
Estimated Property Tax | $6,965 | $2,751 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in West helena, AR are $4,214 lower than in Cedar rapids, IA 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
IA
4.4%-5.7%
Single: $3,800
Married: $6,840
AR
2%-4.4%
Single: $3,625
Married: $6,525
Data | IA | AR |
---|---|---|
Tax Rate | 4.4%-5.7% | 2%-4.4% |
Single Filer ($100k) | $3,800 | $3,625 |
Married Couple ($200k) | $6,840 | $6,525 |
Median Income ($80.6k) | $3,061 | $3,145 |
Comparison: Income taxes in IA are $84 lower than in AR 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
Cedar rapids, IA
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
West helena, AR
12.625%
Combined rate
Annual sales tax: $1956
(Based on $15,500 spending)
Data | Cedar rapids, IA | West helena, AR |
---|---|---|
State Sales Tax | 6.00% | 6.50% |
Combined Sales Tax | 8.000% | 12.625% |
Annual Tax Amount | $1,240 | $1,956 |
Comparison: Shopping in Cedar rapids, IA costs $716 less in annual sales tax than in West helena, AR for the average household.
Tax Comparison Insights
Tax Insights: Cedar rapids vs West helena
- Property Tax: West helena has a 1.0052 percentage points lower effective property tax rate than Cedar rapids.
- Income Tax: Living in IA could save you approximately $84 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Cedar rapids is 4.63 percentage points lower than in West helena.
Overall Tax Burden Comparison
Cedar rapids, IA
$11,265
Combined annual tax burden
Property
$6,965
Income
$3,061
Sales
$1,240
West helena, AR
$7,851
Combined annual tax burden
Property
$2,751
Income
$3,145
Sales
$1,956
Overall Comparison: West helena, AR has an estimated $3,414 lower total tax burden than Cedar rapids, IA 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.