Tax Comparison: Fairfield, CT vs Beecher city, IL
Understanding Your Tax Burden
This page compares the three main types of taxes between Fairfield, CT and Beecher city, IL: 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
Fairfield, CT
$9,365
Based on a $419,200 home
Rate: 2.2339%
Beecher city, IL
$6,325
Based on a $419,200 home
Rate: 1.5089%
Data | Fairfield, CT | Beecher city, IL |
---|---|---|
Effective Property Tax Rate | 2.2339% | 1.5089% |
Estimated Property Tax | $9,365 | $6,325 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Beecher city, IL are $3,039 lower than in Fairfield, CT 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
CT
2%-6.99%
Single: $3,800
Married: $6,840
IL
4.95%.
Single: $4,950
Married: $8,910
Data | CT | IL |
---|---|---|
Tax Rate | 2%-6.99% | 4.95%. |
Single Filer ($100k) | $3,800 | $4,950 |
Married Couple ($200k) | $6,840 | $8,910 |
Median Income ($80.6k) | $4,837 | $3,989 |
Comparison: Income taxes in IL are $848 lower than in CT 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
Fairfield, CT
6.350%
Combined rate
Annual sales tax: $984
(Based on $15,500 spending)
Beecher city, IL
11.000%
Combined rate
Annual sales tax: $1705
(Based on $15,500 spending)
Data | Fairfield, CT | Beecher city, IL |
---|---|---|
State Sales Tax | 6.35% | 6.25% |
Combined Sales Tax | 6.350% | 11.000% |
Annual Tax Amount | $984 | $1,705 |
Comparison: Shopping in Fairfield, CT costs $721 less in annual sales tax than in Beecher city, IL for the average household.
Tax Comparison Insights
Tax Insights: Fairfield vs Beecher city
- Property Tax: Beecher city has a 0.7250 percentage points lower effective property tax rate than Fairfield.
- Income Tax: Living in IL could save you approximately $848 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Fairfield is 4.65 percentage points lower than in Beecher city.
Overall Tax Burden Comparison
Fairfield, CT
$15,185
Combined annual tax burden
Property
$9,365
Income
$4,837
Sales
$984
Beecher city, IL
$12,019
Combined annual tax burden
Property
$6,325
Income
$3,989
Sales
$1,705
Overall Comparison: Beecher city, IL has an estimated $3,166 lower total tax burden than Fairfield, CT 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.