Tax Comparison: Honea path, SC vs Salinas, CA
Understanding Your Tax Burden
This page compares the three main types of taxes between Honea path, SC and Salinas, CA: 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
Honea path, SC
$2,042
Based on a $419,200 home
Rate: 0.4871%
Salinas, CA
$2,772
Based on a $419,200 home
Rate: 0.6613%
Data | Honea path, SC | Salinas, CA |
---|---|---|
Effective Property Tax Rate | 0.4871% | 0.6613% |
Estimated Property Tax | $2,042 | $2,772 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Honea path, SC are $730 lower than in Salinas, 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
SC
0%-6.3%
Single: $5,580
Married: $10,044
CA
1%-13.3%
Single: $865
Married: $1,557
Data | SC | CA |
---|---|---|
Tax Rate | 0%-6.3% | 1%-13.3% |
Single Filer ($100k) | $5,580 | $865 |
Married Couple ($200k) | $10,044 | $1,557 |
Median Income ($80.6k) | $5,003 | $4,837 |
Comparison: Income taxes in CA are $166 lower than in SC 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
Honea path, SC
9.000%
Combined rate
Annual sales tax: $1395
(Based on $15,500 spending)
Salinas, CA
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
Data | Honea path, SC | Salinas, CA |
---|---|---|
State Sales Tax | 6.00% | 7.25% |
Combined Sales Tax | 9.000% | 12.000% |
Annual Tax Amount | $1,395 | $1,860 |
Comparison: Shopping in Honea path, SC costs $465 less in annual sales tax than in Salinas, CA for the average household.
Tax Comparison Insights
Tax Insights: Honea path vs Salinas
- Property Tax: Honea path has a 0.1742 percentage points lower effective property tax rate than Salinas.
- Income Tax: Living in CA could save you approximately $166 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Honea path is 3.00 percentage points lower than in Salinas.
Overall Tax Burden Comparison
Honea path, SC
$8,439
Combined annual tax burden
Property
$2,042
Income
$5,003
Sales
$1,395
Salinas, CA
$9,469
Combined annual tax burden
Property
$2,772
Income
$4,837
Sales
$1,860
Overall Comparison: Honea path, SC has an estimated $1,030 lower total tax burden than Salinas, 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.