Tax Comparison: Euclid, OH vs Falls church, VA
Understanding Your Tax Burden
This page compares the three main types of taxes between Euclid, OH and Falls church, 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
Euclid, OH
$8,739
Based on a $419,200 home
Rate: 2.0846%
Falls church, VA
$4,237
Based on a $419,200 home
Rate: 1.0107%
Data | Euclid, OH | Falls church, VA |
---|---|---|
Effective Property Tax Rate | 2.0846% | 1.0107% |
Estimated Property Tax | $8,739 | $4,237 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Falls church, VA are $4,502 lower than in Euclid, 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
VA
2%-5.75%
Single: $5,060
Married: $9,108
Data | OH | VA |
---|---|---|
Tax Rate | 2.75%-3.5% | 2%-5.75% |
Single Filer ($100k) | $2,640 | $5,060 |
Married Couple ($200k) | $4,752 | $9,108 |
Median Income ($80.6k) | $2,821 | $4,636 |
Comparison: Income taxes in OH are $1,815 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
Euclid, OH
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Falls church, VA
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Data | Euclid, OH | Falls church, VA |
---|---|---|
State Sales Tax | 5.75% | 5.30% |
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: Euclid vs Falls church
- Property Tax: Falls church has a 1.0739 percentage points lower effective property tax rate than Euclid.
- Income Tax: Living in OH could save you approximately $1,815 in state income taxes for a median household income.
- Sales Tax: Both cities have equivalent combined sales tax rates.
Overall Tax Burden Comparison
Euclid, OH
$12,799
Combined annual tax burden
Property
$8,739
Income
$2,821
Sales
$1,240
Falls church, VA
$10,112
Combined annual tax burden
Property
$4,237
Income
$4,636
Sales
$1,240
Overall Comparison: Falls church, VA has an estimated $2,687 lower total tax burden than Euclid, 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.