Tax Comparison: Ecru, MS vs Wilmington, OH
Understanding Your Tax Burden
This page compares the three main types of taxes between Ecru, MS and Wilmington, OH: 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
Ecru, MS
$2,766
Based on a $419,200 home
Rate: 0.6598%
Wilmington, OH
$3,948
Based on a $419,200 home
Rate: 0.9419%
Data | Ecru, MS | Wilmington, OH |
---|---|---|
Effective Property Tax Rate | 0.6598% | 0.9419% |
Estimated Property Tax | $2,766 | $3,948 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Ecru, MS are $1,183 lower than in Wilmington, 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
MS
4.7%
Single: $3,960
Married: $7,128
OH
2.75%-3.5%
Single: $2,640
Married: $4,752
Data | MS | OH |
---|---|---|
Tax Rate | 4.7% | 2.75%-3.5% |
Single Filer ($100k) | $3,960 | $2,640 |
Married Couple ($200k) | $7,128 | $4,752 |
Median Income ($80.6k) | $3,547 | $2,821 |
Comparison: Income taxes in OH are $726 lower than in MS 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
Ecru, MS
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Wilmington, OH
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Data | Ecru, MS | Wilmington, OH |
---|---|---|
State Sales Tax | 7.00% | 5.75% |
Combined Sales Tax | 8.000% | 8.000% |
Annual Tax Amount | $1,240 | $1,240 |
Comparison: Sales tax costs are approximately the same in both locations for average household spending.
Tax Comparison Insights
Tax Insights: Ecru vs Wilmington
- Property Tax: Ecru has a 0.2821 percentage points lower effective property tax rate than Wilmington.
- Income Tax: Living in OH could save you approximately $726 in state income taxes for a median household income.
- Sales Tax: Both cities have equivalent combined sales tax rates.
Overall Tax Burden Comparison
Ecru, MS
$7,552
Combined annual tax burden
Property
$2,766
Income
$3,547
Sales
$1,240
Wilmington, OH
$8,009
Combined annual tax burden
Property
$3,948
Income
$2,821
Sales
$1,240
Overall Comparison: Ecru, MS has an estimated $457 lower total tax burden than Wilmington, 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.