Tax Comparison: Coral gables, FL vs Waynesboro, GA
Understanding Your Tax Burden
This page compares the three main types of taxes between Coral gables, FL and Waynesboro, 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
Coral gables, FL
$3,465
Based on a $419,200 home
Rate: 0.8265%
Waynesboro, GA
$3,803
Based on a $419,200 home
Rate: 0.9072%
Data | Coral gables, FL | Waynesboro, GA |
---|---|---|
Effective Property Tax Rate | 0.8265% | 0.9072% |
Estimated Property Tax | $3,465 | $3,803 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Coral gables, FL are $338 lower than in Waynesboro, GA 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
FL
No State Income Tax
Single: $0
Married: $0
GA
5.49%
Single: $5,390
Married: $9,702
Data | FL | GA |
---|---|---|
Tax Rate | No State Income Tax | 5.49% |
Single Filer ($100k) | Not available | $5,390 |
Married Couple ($200k) | Not available | $9,702 |
Median Income ($80.6k) | Not available | $4,342 |
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
Coral gables, FL
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Waynesboro, GA
9.000%
Combined rate
Annual sales tax: $1395
(Based on $15,500 spending)
Data | Coral gables, FL | Waynesboro, GA |
---|---|---|
State Sales Tax | 6.00% | 4.00% |
Combined Sales Tax | 8.000% | 9.000% |
Annual Tax Amount | $1,240 | $1,395 |
Comparison: Shopping in Coral gables, FL costs $155 less in annual sales tax than in Waynesboro, GA for the average household.
Tax Comparison Insights
Tax Insights: Coral gables vs Waynesboro
- Property Tax: Coral gables has a 0.0807 percentage points lower effective property tax rate than Waynesboro.
- Income Tax: Complete comparison data is not available.
- Sales Tax: The combined sales tax rate in Coral gables is 1.00 percentage points lower than in Waynesboro.
Overall Tax Burden Comparison
Complete tax data is not available to calculate the total tax burden comparison.
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.