Tax Comparison: Commerce, GA vs Federalsburg, MD
Understanding Your Tax Burden
This page compares the three main types of taxes between Commerce, GA and Federalsburg, MD: 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
Commerce, GA
$3,702
Based on a $419,200 home
Rate: 0.8830%
Federalsburg, MD
$3,867
Based on a $419,200 home
Rate: 0.9225%
Data | Commerce, GA | Federalsburg, MD |
---|---|---|
Effective Property Tax Rate | 0.8830% | 0.9225% |
Estimated Property Tax | $3,702 | $3,867 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Commerce, GA are $166 lower than in Federalsburg, MD 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
GA
5.49%
Single: $5,390
Married: $9,702
MD
2%-5.75%
Single: $4,581
Married: $8,246
Data | GA | MD |
---|---|---|
Tax Rate | 5.49% | 2%-5.75% |
Single Filer ($100k) | $5,390 | $4,581 |
Married Couple ($200k) | $9,702 | $8,246 |
Median Income ($80.6k) | $4,342 | $3,829 |
Comparison: Income taxes in MD are $513 lower than in GA 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
Commerce, GA
9.000%
Combined rate
Annual sales tax: $1395
(Based on $15,500 spending)
Federalsburg, MD
6.000%
Combined rate
Annual sales tax: $930
(Based on $15,500 spending)
Data | Commerce, GA | Federalsburg, MD |
---|---|---|
State Sales Tax | 4.00% | 6.00% |
Combined Sales Tax | 9.000% | 6.000% |
Annual Tax Amount | $1,395 | $930 |
Comparison: Shopping in Federalsburg, MD costs $465 less in annual sales tax than in Commerce, GA for the average household.
Tax Comparison Insights
Tax Insights: Commerce vs Federalsburg
- Property Tax: Commerce has a 0.0395 percentage points lower effective property tax rate than Federalsburg.
- Income Tax: Living in MD could save you approximately $513 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Federalsburg is 3.00 percentage points lower than in Commerce.
Overall Tax Burden Comparison
Commerce, GA
$9,438
Combined annual tax burden
Property
$3,702
Income
$4,342
Sales
$1,395
Federalsburg, MD
$8,626
Combined annual tax burden
Property
$3,867
Income
$3,829
Sales
$930
Overall Comparison: Federalsburg, MD has an estimated $812 lower total tax burden than Commerce, GA 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.