Tax Comparison: Fort calhoun, NE vs New york mills, NY
Understanding Your Tax Burden
This page compares the three main types of taxes between Fort calhoun, NE and New york mills, NY: 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
Fort calhoun, NE
$6,185
Based on a $419,200 home
Rate: 1.4754%
New york mills, NY
$8,933
Based on a $419,200 home
Rate: 2.1309%
| Data | Fort calhoun, NE | New york mills, NY |
|---|---|---|
| Effective Property Tax Rate | 1.4754% | 2.1309% |
| Estimated Property Tax | $6,185 | $8,933 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Fort calhoun, NE are $2,748 lower than in New york mills, NY 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
NE
2.46%-5.84%
Single: $4,828
Married: $8,690
NY
4%-10.9%
Single: $5,436
Married: $9,785
| Data | NE | NY |
|---|---|---|
| Tax Rate | 2.46%-5.84% | 4%-10.9% |
| Single Filer ($100k) | $4,828 | $5,436 |
| Married Couple ($200k) | $8,690 | $9,785 |
| Median Income ($80.6k) | $4,041 | $4,837 |
Comparison: Income taxes in NE are $796 lower than in NY 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
Fort calhoun, NE
7.500%
Combined rate
Annual sales tax: $1162
(Based on $15,500 spending)
New york mills, NY
8.875%
Combined rate
Annual sales tax: $1375
(Based on $15,500 spending)
| Data | Fort calhoun, NE | New york mills, NY |
|---|---|---|
| State Sales Tax | 5.50% | 4.00% |
| Combined Sales Tax | 7.500% | 8.875% |
| Annual Tax Amount | $1,162 | $1,375 |
Comparison: Shopping in Fort calhoun, NE costs $213 less in annual sales tax than in New york mills, NY for the average household.
Tax Comparison Insights
Tax Insights: Fort calhoun vs New york mills
- Property Tax: Fort calhoun has a 0.6555 percentage points lower effective property tax rate than New york mills.
- Income Tax: Living in NE could save you approximately $796 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Fort calhoun is 1.38 percentage points lower than in New york mills.
Overall Tax Burden Comparison
Fort calhoun, NE
$11,387
Combined annual tax burden
Property
$6,185
Income
$4,041
Sales
$1,162
New york mills, NY
$15,144
Combined annual tax burden
Property
$8,933
Income
$4,837
Sales
$1,375
Overall Comparison: Fort calhoun, NE has an estimated $3,757 lower total tax burden than New york mills, NY 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.