Tax Comparison: Falls church, VA vs Joy, IL
Understanding Your Tax Burden
This page compares the three main types of taxes between Falls church, VA and Joy, 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
Falls church, VA
$4,237
Based on a $419,200 home
Rate: 1.0107%
Joy, IL
$8,155
Based on a $419,200 home
Rate: 1.9454%
Data | Falls church, VA | Joy, IL |
---|---|---|
Effective Property Tax Rate | 1.0107% | 1.9454% |
Estimated Property Tax | $4,237 | $8,155 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Falls church, VA are $3,918 lower than in Joy, 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
VA
2%-5.75%
Single: $5,060
Married: $9,108
IL
4.95%.
Single: $4,950
Married: $8,910
Data | VA | IL |
---|---|---|
Tax Rate | 2%-5.75% | 4.95%. |
Single Filer ($100k) | $5,060 | $4,950 |
Married Couple ($200k) | $9,108 | $8,910 |
Median Income ($80.6k) | $4,636 | $3,989 |
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
Falls church, VA
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Joy, IL
11.000%
Combined rate
Annual sales tax: $1705
(Based on $15,500 spending)
Data | Falls church, VA | Joy, IL |
---|---|---|
State Sales Tax | 5.30% | 6.25% |
Combined Sales Tax | 8.000% | 11.000% |
Annual Tax Amount | $1,240 | $1,705 |
Comparison: Shopping in Falls church, VA costs $465 less in annual sales tax than in Joy, IL for the average household.
Tax Comparison Insights
Tax Insights: Falls church vs Joy
- Property Tax: Falls church has a 0.9347 percentage points lower effective property tax rate than Joy.
- 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 Falls church is 3.00 percentage points lower than in Joy.
Overall Tax Burden Comparison
Falls church, VA
$10,112
Combined annual tax burden
Property
$4,237
Income
$4,636
Sales
$1,240
Joy, IL
$13,849
Combined annual tax burden
Property
$8,155
Income
$3,989
Sales
$1,705
Overall Comparison: Falls church, VA has an estimated $3,737 lower total tax burden than Joy, 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.