Tax Comparison: Conneaut, OH vs Aiken, SC
Understanding Your Tax Burden
This page compares the three main types of taxes between Conneaut, OH and Aiken, SC: 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
Conneaut, OH
$5,296
Based on a $419,200 home
Rate: 1.2634%
Aiken, SC
$1,811
Based on a $419,200 home
Rate: 0.4321%
Data | Conneaut, OH | Aiken, SC |
---|---|---|
Effective Property Tax Rate | 1.2634% | 0.4321% |
Estimated Property Tax | $5,296 | $1,811 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Aiken, SC are $3,485 lower than in Conneaut, OH 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
OH
2.75%-3.5%
Single: $2,640
Married: $4,752
SC
0%-6.3%
Single: $5,580
Married: $10,044
Data | OH | SC |
---|---|---|
Tax Rate | 2.75%-3.5% | 0%-6.3% |
Single Filer ($100k) | $2,640 | $5,580 |
Married Couple ($200k) | $4,752 | $10,044 |
Median Income ($80.6k) | $2,821 | $5,003 |
Comparison: Income taxes in OH are $2,182 lower than in SC 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
Conneaut, OH
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Aiken, SC
9.000%
Combined rate
Annual sales tax: $1395
(Based on $15,500 spending)
Data | Conneaut, OH | Aiken, SC |
---|---|---|
State Sales Tax | 5.75% | 6.00% |
Combined Sales Tax | 8.000% | 9.000% |
Annual Tax Amount | $1,240 | $1,395 |
Comparison: Shopping in Conneaut, OH costs $155 less in annual sales tax than in Aiken, SC for the average household.
Tax Comparison Insights
Tax Insights: Conneaut vs Aiken
- Property Tax: Aiken has a 0.8313 percentage points lower effective property tax rate than Conneaut.
- Income Tax: Living in OH could save you approximately $2,182 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Conneaut is 1.00 percentage points lower than in Aiken.
Overall Tax Burden Comparison
Conneaut, OH
$9,357
Combined annual tax burden
Property
$5,296
Income
$2,821
Sales
$1,240
Aiken, SC
$8,209
Combined annual tax burden
Property
$1,811
Income
$5,003
Sales
$1,395
Overall Comparison: Aiken, SC has an estimated $1,148 lower total tax burden than Conneaut, OH 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.