Tax Comparison: Collins, IA vs West jordan, UT
Understanding Your Tax Burden
This page compares the three main types of taxes between Collins, IA and West jordan, UT: 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
Collins, IA
$6,171
Based on a $419,200 home
Rate: 1.4721%
West jordan, UT
$2,358
Based on a $419,200 home
Rate: 0.5626%
| Data | Collins, IA | West jordan, UT |
|---|---|---|
| Effective Property Tax Rate | 1.4721% | 0.5626% |
| Estimated Property Tax | $6,171 | $2,358 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in West jordan, UT are $3,813 lower than in Collins, 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
UT
4.65%
Single: $4,700
Married: $8,460
| Data | IA | UT |
|---|---|---|
| Tax Rate | 4.4%-5.7% | 4.65% |
| Single Filer ($100k) | $3,800 | $4,700 |
| Married Couple ($200k) | $6,840 | $8,460 |
| Median Income ($80.6k) | $3,061 | $3,789 |
Comparison: Income taxes in IA are $728 lower than in UT 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
Collins, IA
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
West jordan, UT
10.300%
Combined rate
Annual sales tax: $1596
(Based on $15,500 spending)
| Data | Collins, IA | West jordan, UT |
|---|---|---|
| State Sales Tax | 6.00% | 6.10% |
| Combined Sales Tax | 8.000% | 10.300% |
| Annual Tax Amount | $1,240 | $1,596 |
Comparison: Shopping in Collins, IA costs $356 less in annual sales tax than in West jordan, UT for the average household.
Tax Comparison Insights
Tax Insights: Collins vs West jordan
- Property Tax: West jordan has a 0.9095 percentage points lower effective property tax rate than Collins.
- Income Tax: Living in IA could save you approximately $728 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Collins is 2.30 percentage points lower than in West jordan.
Overall Tax Burden Comparison
Collins, IA
$10,472
Combined annual tax burden
Property
$6,171
Income
$3,061
Sales
$1,240
West jordan, UT
$7,743
Combined annual tax burden
Property
$2,358
Income
$3,789
Sales
$1,596
Overall Comparison: West jordan, UT has an estimated $2,729 lower total tax burden than Collins, 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.