Tax Comparison: Glen arm, MD vs Helenville, WI

Understanding Your Tax Burden

This page compares the three main types of taxes between Glen arm, MD and Helenville, WI: 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

Glen arm, MD

$4,630

Based on a $419,200 home

Rate: 1.1045%

Helenville, WI

$6,587

Based on a $419,200 home

Rate: 1.5713%

Data Glen arm, MD Helenville, WI
Effective Property Tax Rate 1.1045% 1.5713%
Estimated Property Tax $4,630 $6,587
Home Value Used $419,200 $419,200

Comparison: Property taxes in Glen arm, MD are $1,957 lower than in Helenville, WI 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

MD

2%-5.75%

Single: $4,581

Married: $8,246

WI

3.5%-7.65%

Single: $5,393

Married: $9,707

Data MD WI
Tax Rate 2%-5.75% 3.5%-7.65%
Single Filer ($100k) $4,581 $5,393
Married Couple ($200k) $8,246 $9,707
Median Income ($80.6k) $3,829 $4,271

Comparison: Income taxes in MD are $442 lower than in WI 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

Glen arm, MD

6.000%

Combined rate

Annual sales tax: $930

(Based on $15,500 spending)

Helenville, WI

7.900%

Combined rate

Annual sales tax: $1224

(Based on $15,500 spending)

Data Glen arm, MD Helenville, WI
State Sales Tax 6.00% 5.00%
Combined Sales Tax 6.000% 7.900%
Annual Tax Amount $930 $1,224

Comparison: Shopping in Glen arm, MD costs $294 less in annual sales tax than in Helenville, WI for the average household.

Tax Comparison Insights

Tax Insights: Glen arm vs Helenville

  • Property Tax: Glen arm has a 0.4668 percentage points lower effective property tax rate than Helenville.
  • Income Tax: Living in MD could save you approximately $442 in state income taxes for a median household income.
  • Sales Tax: The combined sales tax rate in Glen arm is 1.90 percentage points lower than in Helenville.

Overall Tax Burden Comparison

Glen arm, MD

$9,389

Combined annual tax burden

Property

$4,630

Income

$3,829

Sales

$930

Helenville, WI

$12,081

Combined annual tax burden

Property

$6,587

Income

$4,271

Sales

$1,224

Overall Comparison: Glen arm, MD has an estimated $2,692 lower total tax burden than Helenville, WI 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.