Tax Comparison: Fremont, OH vs Piney creek, NC
Understanding Your Tax Burden
This page compares the three main types of taxes between Fremont, OH and Piney creek, NC: 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
Fremont, OH
$4,456
Based on a $419,200 home
Rate: 1.0630%
Piney creek, NC
$2,532
Based on a $419,200 home
Rate: 0.6040%
Data | Fremont, OH | Piney creek, NC |
---|---|---|
Effective Property Tax Rate | 1.0630% | 0.6040% |
Estimated Property Tax | $4,456 | $2,532 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Piney creek, NC are $1,924 lower than in Fremont, OH 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
OH
2.75%-3.5%
Single: $2,640
Married: $4,752
NC
4.5%
Single: $4,250
Married: $7,650
Data | OH | NC |
---|---|---|
Tax Rate | 2.75%-3.5% | 4.5% |
Single Filer ($100k) | $2,640 | $4,250 |
Married Couple ($200k) | $4,752 | $7,650 |
Median Income ($80.6k) | $2,821 | $3,424 |
Comparison: Income taxes in OH are $603 lower than in NC 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
Fremont, OH
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Piney creek, NC
7.500%
Combined rate
Annual sales tax: $1162
(Based on $15,500 spending)
Data | Fremont, OH | Piney creek, NC |
---|---|---|
State Sales Tax | 5.75% | 4.75% |
Combined Sales Tax | 8.000% | 7.500% |
Annual Tax Amount | $1,240 | $1,162 |
Comparison: Shopping in Piney creek, NC costs $78 less in annual sales tax than in Fremont, OH for the average household.
Tax Comparison Insights
Tax Insights: Fremont vs Piney creek
- Property Tax: Piney creek has a 0.4590 percentage points lower effective property tax rate than Fremont.
- Income Tax: Living in OH could save you approximately $603 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Piney creek is 0.50 percentage points lower than in Fremont.
Overall Tax Burden Comparison
Fremont, OH
$8,517
Combined annual tax burden
Property
$4,456
Income
$2,821
Sales
$1,240
Piney creek, NC
$7,117
Combined annual tax burden
Property
$2,532
Income
$3,424
Sales
$1,162
Overall Comparison: Piney creek, NC has an estimated $1,400 lower total tax burden than Fremont, OH 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.