Tax Comparison: Dekalb, IL vs Madison heights, VA
Understanding Your Tax Burden
This page compares the three main types of taxes between Dekalb, IL and Madison heights, VA: 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
Dekalb, IL
$10,646
Based on a $419,200 home
Rate: 2.5395%
Madison heights, VA
$2,119
Based on a $419,200 home
Rate: 0.5056%
| Data | Dekalb, IL | Madison heights, VA |
|---|---|---|
| Effective Property Tax Rate | 2.5395% | 0.5056% |
| Estimated Property Tax | $10,646 | $2,119 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Madison heights, VA are $8,526 lower than in Dekalb, IL 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
IL
4.95%.
Single: $4,950
Married: $8,910
VA
2%-5.75%
Single: $5,060
Married: $9,108
| Data | IL | VA |
|---|---|---|
| Tax Rate | 4.95%. | 2%-5.75% |
| Single Filer ($100k) | $4,950 | $5,060 |
| Married Couple ($200k) | $8,910 | $9,108 |
| Median Income ($80.6k) | $3,989 | $4,636 |
Comparison: Income taxes in IL are $647 lower than in VA 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
Dekalb, IL
11.000%
Combined rate
Annual sales tax: $1705
(Based on $15,500 spending)
Madison heights, VA
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
| Data | Dekalb, IL | Madison heights, VA |
|---|---|---|
| State Sales Tax | 6.25% | 5.30% |
| Combined Sales Tax | 11.000% | 8.000% |
| Annual Tax Amount | $1,705 | $1,240 |
Comparison: Shopping in Madison heights, VA costs $465 less in annual sales tax than in Dekalb, IL for the average household.
Tax Comparison Insights
Tax Insights: Dekalb vs Madison heights
- Property Tax: Madison heights has a 2.0339 percentage points lower effective property tax rate than Dekalb.
- Income Tax: Living in IL could save you approximately $647 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Madison heights is 3.00 percentage points lower than in Dekalb.
Overall Tax Burden Comparison
Dekalb, IL
$16,339
Combined annual tax burden
Property
$10,646
Income
$3,989
Sales
$1,705
Madison heights, VA
$7,995
Combined annual tax burden
Property
$2,119
Income
$4,636
Sales
$1,240
Overall Comparison: Madison heights, VA has an estimated $8,344 lower total tax burden than Dekalb, IL 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.