Tax Comparison: Harrodsburg, KY vs Elsah, IL

Understanding Your Tax Burden

This page compares the three main types of taxes between Harrodsburg, KY and Elsah, IL: 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

Harrodsburg, KY

$3,432

Based on a $419,200 home

Rate: 0.8187%

Elsah, IL

$7,344

Based on a $419,200 home

Rate: 1.7518%

Data Harrodsburg, KY Elsah, IL
Effective Property Tax Rate 0.8187% 1.7518%
Estimated Property Tax $3,432 $7,344
Home Value Used $419,200 $419,200

Comparison: Property taxes in Harrodsburg, KY are $3,912 lower than in Elsah, IL 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

KY

4%

Single: $4,000

Married: $7,200

IL

4.95%.

Single: $4,950

Married: $8,910

Data KY IL
Tax Rate 4% 4.95%.
Single Filer ($100k) $4,000 $4,950
Married Couple ($200k) $7,200 $8,910
Median Income ($80.6k) $3,224 $3,989

Comparison: Income taxes in KY are $765 lower than in IL 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

Harrodsburg, KY

6.000%

Combined rate

Annual sales tax: $930

(Based on $15,500 spending)

Elsah, IL

11.000%

Combined rate

Annual sales tax: $1705

(Based on $15,500 spending)

Data Harrodsburg, KY Elsah, IL
State Sales Tax 6.00% 6.25%
Combined Sales Tax 6.000% 11.000%
Annual Tax Amount $930 $1,705

Comparison: Shopping in Harrodsburg, KY costs $775 less in annual sales tax than in Elsah, IL for the average household.

Tax Comparison Insights

Tax Insights: Harrodsburg vs Elsah

  • Property Tax: Harrodsburg has a 0.9331 percentage points lower effective property tax rate than Elsah.
  • Income Tax: Living in KY could save you approximately $765 in state income taxes for a median household income.
  • Sales Tax: The combined sales tax rate in Harrodsburg is 5.00 percentage points lower than in Elsah.

Overall Tax Burden Comparison

Harrodsburg, KY

$7,585

Combined annual tax burden

Property

$3,432

Income

$3,224

Sales

$930

Elsah, IL

$13,037

Combined annual tax burden

Property

$7,344

Income

$3,989

Sales

$1,705

Overall Comparison: Harrodsburg, KY has an estimated $5,452 lower total tax burden than Elsah, IL 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.