Tax Comparison: Granite bay, CA vs Pantego, NC
Understanding Your Tax Burden
This page compares the three main types of taxes between Granite bay, CA and Pantego, 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
Granite bay, CA
$3,563
Based on a $419,200 home
Rate: 0.8500%
Pantego, NC
$2,954
Based on a $419,200 home
Rate: 0.7047%
| Data | Granite bay, CA | Pantego, NC |
|---|---|---|
| Effective Property Tax Rate | 0.8500% | 0.7047% |
| Estimated Property Tax | $3,563 | $2,954 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Pantego, NC are $609 lower than in Granite bay, CA 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
CA
1%-13.3%
Single: $865
Married: $1,557
NC
4.5%
Single: $4,250
Married: $7,650
| Data | CA | NC |
|---|---|---|
| Tax Rate | 1%-13.3% | 4.5% |
| Single Filer ($100k) | $865 | $4,250 |
| Married Couple ($200k) | $1,557 | $7,650 |
| Median Income ($80.6k) | $4,837 | $3,424 |
Comparison: Income taxes in NC are $1,413 lower than in CA 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
Granite bay, CA
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
Pantego, NC
7.500%
Combined rate
Annual sales tax: $1162
(Based on $15,500 spending)
| Data | Granite bay, CA | Pantego, NC |
|---|---|---|
| State Sales Tax | 7.25% | 4.75% |
| Combined Sales Tax | 12.000% | 7.500% |
| Annual Tax Amount | $1,860 | $1,162 |
Comparison: Shopping in Pantego, NC costs $698 less in annual sales tax than in Granite bay, CA for the average household.
Tax Comparison Insights
Tax Insights: Granite bay vs Pantego
- Property Tax: Pantego has a 0.1453 percentage points lower effective property tax rate than Granite bay.
- Income Tax: Living in NC could save you approximately $1,413 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Pantego is 4.50 percentage points lower than in Granite bay.
Overall Tax Burden Comparison
Granite bay, CA
$10,260
Combined annual tax burden
Property
$3,563
Income
$4,837
Sales
$1,860
Pantego, NC
$7,540
Combined annual tax burden
Property
$2,954
Income
$3,424
Sales
$1,162
Overall Comparison: Pantego, NC has an estimated $2,720 lower total tax burden than Granite bay, CA 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.