Tax Comparison: Fort lauderdale, FL vs Lewisville, TX
Understanding Your Tax Burden
This page compares the three main types of taxes between Fort lauderdale, FL and Lewisville, TX: 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 lauderdale, FL
$3,978
Based on a $419,200 home
Rate: 0.9490%
Lewisville, TX
$7,041
Based on a $419,200 home
Rate: 1.6797%
Data | Fort lauderdale, FL | Lewisville, TX |
---|---|---|
Effective Property Tax Rate | 0.9490% | 1.6797% |
Estimated Property Tax | $3,978 | $7,041 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Fort lauderdale, FL are $3,063 lower than in Lewisville, TX 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
FL
No State Income Tax
Single: $0
Married: $0
TX
No State Income Tax
Single: $0
Married: $0
Data | FL | TX |
---|---|---|
Tax Rate | No State Income Tax | No State Income Tax |
Single Filer ($100k) | Not available | Not available |
Married Couple ($200k) | Not available | Not available |
Median Income ($80.6k) | Not available | Not available |
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 lauderdale, FL
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Lewisville, TX
8.250%
Combined rate
Annual sales tax: $1278
(Based on $15,500 spending)
Data | Fort lauderdale, FL | Lewisville, TX |
---|---|---|
State Sales Tax | 6.00% | 6.25% |
Combined Sales Tax | 8.000% | 8.250% |
Annual Tax Amount | $1,240 | $1,278 |
Comparison: Shopping in Fort lauderdale, FL costs $38 less in annual sales tax than in Lewisville, TX for the average household.
Tax Comparison Insights
Tax Insights: Fort lauderdale vs Lewisville
- Property Tax: Fort lauderdale has a 0.7307 percentage points lower effective property tax rate than Lewisville.
- Income Tax: Complete comparison data is not available.
- Sales Tax: The combined sales tax rate in Fort lauderdale is 0.25 percentage points lower than in Lewisville.
Overall Tax Burden Comparison
Complete tax data is not available to calculate the total tax burden comparison.
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.