Tax Comparison: Flomaton, AL vs Little rock, AR
Understanding Your Tax Burden
This page compares the three main types of taxes between Flomaton, AL and Little rock, AR: 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
Flomaton, AL
$1,657
Based on a $419,200 home
Rate: 0.3953%
Little rock, AR
$3,281
Based on a $419,200 home
Rate: 0.7826%
Data | Flomaton, AL | Little rock, AR |
---|---|---|
Effective Property Tax Rate | 0.3953% | 0.7826% |
Estimated Property Tax | $1,657 | $3,281 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Flomaton, AL are $1,624 lower than in Little rock, AR 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
AL
2%-5%
Single: $4,670
Married: $8,406
AR
2%-4.4%
Single: $3,625
Married: $6,525
Data | AL | AR |
---|---|---|
Tax Rate | 2%-5% | 2%-4.4% |
Single Filer ($100k) | $4,670 | $3,625 |
Married Couple ($200k) | $8,406 | $6,525 |
Median Income ($80.6k) | $4,030 | $3,145 |
Comparison: Income taxes in AR are $885 lower than in AL 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
Flomaton, AL
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
Little rock, AR
12.625%
Combined rate
Annual sales tax: $1956
(Based on $15,500 spending)
Data | Flomaton, AL | Little rock, AR |
---|---|---|
State Sales Tax | 4.00% | 6.50% |
Combined Sales Tax | 12.000% | 12.625% |
Annual Tax Amount | $1,860 | $1,956 |
Comparison: Shopping in Flomaton, AL costs $96 less in annual sales tax than in Little rock, AR for the average household.
Tax Comparison Insights
Tax Insights: Flomaton vs Little rock
- Property Tax: Flomaton has a 0.3873 percentage points lower effective property tax rate than Little rock.
- Income Tax: Living in AR could save you approximately $885 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Flomaton is 0.63 percentage points lower than in Little rock.
Overall Tax Burden Comparison
Flomaton, AL
$7,547
Combined annual tax burden
Property
$1,657
Income
$4,030
Sales
$1,860
Little rock, AR
$8,381
Combined annual tax burden
Property
$3,281
Income
$3,145
Sales
$1,956
Overall Comparison: Flomaton, AL has an estimated $834 lower total tax burden than Little rock, AR 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.