Tax Comparison: Daly city, CA vs Albert lea, MN
Understanding Your Tax Burden
This page compares the three main types of taxes between Daly city, CA and Albert lea, MN: 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
Daly city, CA
$2,571
Based on a $419,200 home
Rate: 0.6134%
Albert lea, MN
$4,449
Based on a $419,200 home
Rate: 1.0612%
| Data | Daly city, CA | Albert lea, MN |
|---|---|---|
| Effective Property Tax Rate | 0.6134% | 1.0612% |
| Estimated Property Tax | $2,571 | $4,449 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Daly city, CA are $1,877 lower than in Albert lea, MN 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
CA
1%-13.3%
Single: $865
Married: $1,557
MN
5.35%-9.85%
Single: $5,319
Married: $9,574
| Data | CA | MN |
|---|---|---|
| Tax Rate | 1%-13.3% | 5.35%-9.85% |
| Single Filer ($100k) | $865 | $5,319 |
| Married Couple ($200k) | $1,557 | $9,574 |
| Median Income ($80.6k) | $4,837 | $5,481 |
Comparison: Income taxes in CA are $644 lower than in MN 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
Daly city, CA
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
Albert lea, MN
9.875%
Combined rate
Annual sales tax: $1530
(Based on $15,500 spending)
| Data | Daly city, CA | Albert lea, MN |
|---|---|---|
| State Sales Tax | 7.25% | 6.88% |
| Combined Sales Tax | 12.000% | 9.875% |
| Annual Tax Amount | $1,860 | $1,530 |
Comparison: Shopping in Albert lea, MN costs $330 less in annual sales tax than in Daly city, CA for the average household.
Tax Comparison Insights
Tax Insights: Daly city vs Albert lea
- Property Tax: Daly city has a 0.4478 percentage points lower effective property tax rate than Albert lea.
- Income Tax: Living in CA could save you approximately $644 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Albert lea is 2.13 percentage points lower than in Daly city.
Overall Tax Burden Comparison
Daly city, CA
$9,268
Combined annual tax burden
Property
$2,571
Income
$4,837
Sales
$1,860
Albert lea, MN
$11,459
Combined annual tax burden
Property
$4,449
Income
$5,481
Sales
$1,530
Overall Comparison: Daly city, CA has an estimated $2,191 lower total tax burden than Albert lea, MN 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.