Tax Comparison: Kaysville, UT vs Madisonville, KY
Understanding Your Tax Burden
This page compares the three main types of taxes between Kaysville, UT and Madisonville, 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
Kaysville, UT
$2,268
Based on a $419,200 home
Rate: 0.5411%
Madisonville, KY
$3,440
Based on a $419,200 home
Rate: 0.8207%
Data | Kaysville, UT | Madisonville, KY |
---|---|---|
Effective Property Tax Rate | 0.5411% | 0.8207% |
Estimated Property Tax | $2,268 | $3,440 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Kaysville, UT are $1,172 lower than in Madisonville, 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
UT
4.65%
Single: $4,700
Married: $8,460
KY
4%
Single: $4,000
Married: $7,200
Data | UT | KY |
---|---|---|
Tax Rate | 4.65% | 4% |
Single Filer ($100k) | $4,700 | $4,000 |
Married Couple ($200k) | $8,460 | $7,200 |
Median Income ($80.6k) | $3,789 | $3,224 |
Comparison: Income taxes in KY are $565 lower than in UT 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
Kaysville, UT
10.300%
Combined rate
Annual sales tax: $1596
(Based on $15,500 spending)
Madisonville, KY
6.000%
Combined rate
Annual sales tax: $930
(Based on $15,500 spending)
Data | Kaysville, UT | Madisonville, KY |
---|---|---|
State Sales Tax | 6.10% | 6.00% |
Combined Sales Tax | 10.300% | 6.000% |
Annual Tax Amount | $1,596 | $930 |
Comparison: Shopping in Madisonville, KY costs $666 less in annual sales tax than in Kaysville, UT for the average household.
Tax Comparison Insights
Tax Insights: Kaysville vs Madisonville
- Property Tax: Kaysville has a 0.2796 percentage points lower effective property tax rate than Madisonville.
- Income Tax: Living in KY could save you approximately $565 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Madisonville is 4.30 percentage points lower than in Kaysville.
Overall Tax Burden Comparison
Kaysville, UT
$7,653
Combined annual tax burden
Property
$2,268
Income
$3,789
Sales
$1,596
Madisonville, KY
$7,594
Combined annual tax burden
Property
$3,440
Income
$3,224
Sales
$930
Overall Comparison: Madisonville, KY has an estimated $59 lower total tax burden than Kaysville, UT 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.