Tax Comparison: Guymon, OK vs Villa ridge, MO
Understanding Your Tax Burden
This page compares the three main types of taxes between Guymon, OK and Villa ridge, MO: 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
Guymon, OK
$2,896
Based on a $419,200 home
Rate: 0.6909%
Villa ridge, MO
$3,460
Based on a $419,200 home
Rate: 0.8255%
Data | Guymon, OK | Villa ridge, MO |
---|---|---|
Effective Property Tax Rate | 0.6909% | 0.8255% |
Estimated Property Tax | $2,896 | $3,460 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Guymon, OK are $564 lower than in Villa ridge, MO 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
OK
0.25%-4.75%
Single: $3,797
Married: $6,835
MO
2%-4.8%
Single: $4,620
Married: $8,316
Data | OK | MO |
---|---|---|
Tax Rate | 0.25%-4.75% | 2%-4.8% |
Single Filer ($100k) | $3,797 | $4,620 |
Married Couple ($200k) | $6,835 | $8,316 |
Median Income ($80.6k) | $3,829 | $3,789 |
Comparison: Income taxes in MO are $40 lower than in OK 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
Guymon, OK
11.500%
Combined rate
Annual sales tax: $1782
(Based on $15,500 spending)
Villa ridge, MO
10.100%
Combined rate
Annual sales tax: $1565
(Based on $15,500 spending)
Data | Guymon, OK | Villa ridge, MO |
---|---|---|
State Sales Tax | 4.50% | 4.23% |
Combined Sales Tax | 11.500% | 10.100% |
Annual Tax Amount | $1,782 | $1,565 |
Comparison: Shopping in Villa ridge, MO costs $217 less in annual sales tax than in Guymon, OK for the average household.
Tax Comparison Insights
Tax Insights: Guymon vs Villa ridge
- Property Tax: Guymon has a 0.1346 percentage points lower effective property tax rate than Villa ridge.
- Income Tax: Living in MO could save you approximately $40 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Villa ridge is 1.40 percentage points lower than in Guymon.
Overall Tax Burden Comparison
Guymon, OK
$8,507
Combined annual tax burden
Property
$2,896
Income
$3,829
Sales
$1,782
Villa ridge, MO
$8,814
Combined annual tax burden
Property
$3,460
Income
$3,789
Sales
$1,565
Overall Comparison: Guymon, OK has an estimated $307 lower total tax burden than Villa ridge, MO 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.