Tax Comparison: Hiawassee, GA vs Science hill, KY
Understanding Your Tax Burden
This page compares the three main types of taxes between Hiawassee, GA and Science hill, KY: 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
Hiawassee, GA
$1,531
Based on a $419,200 home
Rate: 0.3652%
Science hill, KY
$2,709
Based on a $419,200 home
Rate: 0.6462%
Data | Hiawassee, GA | Science hill, KY |
---|---|---|
Effective Property Tax Rate | 0.3652% | 0.6462% |
Estimated Property Tax | $1,531 | $2,709 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Hiawassee, GA are $1,178 lower than in Science hill, KY 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
GA
5.49%
Single: $5,390
Married: $9,702
KY
4%
Single: $4,000
Married: $7,200
Data | GA | KY |
---|---|---|
Tax Rate | 5.49% | 4% |
Single Filer ($100k) | $5,390 | $4,000 |
Married Couple ($200k) | $9,702 | $7,200 |
Median Income ($80.6k) | $4,342 | $3,224 |
Comparison: Income taxes in KY are $1,118 lower than in GA 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
Hiawassee, GA
9.000%
Combined rate
Annual sales tax: $1395
(Based on $15,500 spending)
Science hill, KY
6.000%
Combined rate
Annual sales tax: $930
(Based on $15,500 spending)
Data | Hiawassee, GA | Science hill, KY |
---|---|---|
State Sales Tax | 4.00% | 6.00% |
Combined Sales Tax | 9.000% | 6.000% |
Annual Tax Amount | $1,395 | $930 |
Comparison: Shopping in Science hill, KY costs $465 less in annual sales tax than in Hiawassee, GA for the average household.
Tax Comparison Insights
Tax Insights: Hiawassee vs Science hill
- Property Tax: Hiawassee has a 0.2810 percentage points lower effective property tax rate than Science hill.
- Income Tax: Living in KY could save you approximately $1,118 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Science hill is 3.00 percentage points lower than in Hiawassee.
Overall Tax Burden Comparison
Hiawassee, GA
$7,267
Combined annual tax burden
Property
$1,531
Income
$4,342
Sales
$1,395
Science hill, KY
$6,862
Combined annual tax burden
Property
$2,709
Income
$3,224
Sales
$930
Overall Comparison: Science hill, KY has an estimated $405 lower total tax burden than Hiawassee, GA 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.