Tax Comparison: Janesville, WI vs Jeffersonville, NY
Understanding Your Tax Burden
This page compares the three main types of taxes between Janesville, WI and Jeffersonville, NY: 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
Janesville, WI
$7,091
Based on a $419,200 home
Rate: 1.6915%
Jeffersonville, NY
$9,073
Based on a $419,200 home
Rate: 2.1644%
Data | Janesville, WI | Jeffersonville, NY |
---|---|---|
Effective Property Tax Rate | 1.6915% | 2.1644% |
Estimated Property Tax | $7,091 | $9,073 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Janesville, WI are $1,982 lower than in Jeffersonville, NY 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
WI
3.5%-7.65%
Single: $5,393
Married: $9,707
NY
4%-10.9%
Single: $5,436
Married: $9,785
Data | WI | NY |
---|---|---|
Tax Rate | 3.5%-7.65% | 4%-10.9% |
Single Filer ($100k) | $5,393 | $5,436 |
Married Couple ($200k) | $9,707 | $9,785 |
Median Income ($80.6k) | $4,271 | $4,837 |
Comparison: Income taxes in WI are $566 lower than in NY 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
Janesville, WI
7.900%
Combined rate
Annual sales tax: $1224
(Based on $15,500 spending)
Jeffersonville, NY
8.875%
Combined rate
Annual sales tax: $1375
(Based on $15,500 spending)
Data | Janesville, WI | Jeffersonville, NY |
---|---|---|
State Sales Tax | 5.00% | 4.00% |
Combined Sales Tax | 7.900% | 8.875% |
Annual Tax Amount | $1,224 | $1,375 |
Comparison: Shopping in Janesville, WI costs $151 less in annual sales tax than in Jeffersonville, NY for the average household.
Tax Comparison Insights
Tax Insights: Janesville vs Jeffersonville
- Property Tax: Janesville has a 0.4729 percentage points lower effective property tax rate than Jeffersonville.
- Income Tax: Living in WI could save you approximately $566 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Janesville is 0.97 percentage points lower than in Jeffersonville.
Overall Tax Burden Comparison
Janesville, WI
$12,585
Combined annual tax burden
Property
$7,091
Income
$4,271
Sales
$1,224
Jeffersonville, NY
$15,285
Combined annual tax burden
Property
$9,073
Income
$4,837
Sales
$1,375
Overall Comparison: Janesville, WI has an estimated $2,700 lower total tax burden than Jeffersonville, NY 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.