Tax Comparison: Hope mills, NC vs San ramon, CA
Understanding Your Tax Burden
This page compares the three main types of taxes between Hope mills, NC and San ramon, 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
Hope mills, NC
$4,160
Based on a $419,200 home
Rate: 0.9924%
San ramon, CA
$3,483
Based on a $419,200 home
Rate: 0.8309%
| Data | Hope mills, NC | San ramon, CA |
|---|---|---|
| Effective Property Tax Rate | 0.9924% | 0.8309% |
| Estimated Property Tax | $4,160 | $3,483 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in San ramon, CA are $677 lower than in Hope mills, NC 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
NC
4.5%
Single: $4,250
Married: $7,650
CA
1%-13.3%
Single: $865
Married: $1,557
| Data | NC | CA |
|---|---|---|
| Tax Rate | 4.5% | 1%-13.3% |
| Single Filer ($100k) | $4,250 | $865 |
| Married Couple ($200k) | $7,650 | $1,557 |
| Median Income ($80.6k) | $3,424 | $4,837 |
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
Hope mills, NC
7.500%
Combined rate
Annual sales tax: $1162
(Based on $15,500 spending)
San ramon, CA
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
| Data | Hope mills, NC | San ramon, CA |
|---|---|---|
| State Sales Tax | 4.75% | 7.25% |
| Combined Sales Tax | 7.500% | 12.000% |
| Annual Tax Amount | $1,162 | $1,860 |
Comparison: Shopping in Hope mills, NC costs $698 less in annual sales tax than in San ramon, CA for the average household.
Tax Comparison Insights
Tax Insights: Hope mills vs San ramon
- Property Tax: San ramon has a 0.1615 percentage points lower effective property tax rate than Hope mills.
- 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 Hope mills is 4.50 percentage points lower than in San ramon.
Overall Tax Burden Comparison
Hope mills, NC
$8,746
Combined annual tax burden
Property
$4,160
Income
$3,424
Sales
$1,162
San ramon, CA
$10,180
Combined annual tax burden
Property
$3,483
Income
$4,837
Sales
$1,860
Overall Comparison: Hope mills, NC has an estimated $1,434 lower total tax burden than San ramon, 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.