Tax Comparison: Lake havasu city, AZ vs Dekalb, IL
Understanding Your Tax Burden
This page compares the three main types of taxes between Lake havasu city, AZ and Dekalb, IL: 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
Lake havasu city, AZ
$2,035
Based on a $419,200 home
Rate: 0.4854%
Dekalb, IL
$10,646
Based on a $419,200 home
Rate: 2.5395%
Data | Lake havasu city, AZ | Dekalb, IL |
---|---|---|
Effective Property Tax Rate | 0.4854% | 2.5395% |
Estimated Property Tax | $2,035 | $10,646 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Lake havasu city, AZ are $8,611 lower than in Dekalb, IL 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
AZ
2.5%
Single: $2,500
Married: $4,500
IL
4.95%.
Single: $4,950
Married: $8,910
Data | AZ | IL |
---|---|---|
Tax Rate | 2.5% | 4.95%. |
Single Filer ($100k) | $2,500 | $4,950 |
Married Couple ($200k) | $4,500 | $8,910 |
Median Income ($80.6k) | $2,015 | $3,989 |
Comparison: Income taxes in AZ are $1,974 lower than in IL 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
Lake havasu city, AZ
10.900%
Combined rate
Annual sales tax: $1689
(Based on $15,500 spending)
Dekalb, IL
11.000%
Combined rate
Annual sales tax: $1705
(Based on $15,500 spending)
Data | Lake havasu city, AZ | Dekalb, IL |
---|---|---|
State Sales Tax | 5.60% | 6.25% |
Combined Sales Tax | 10.900% | 11.000% |
Annual Tax Amount | $1,689 | $1,705 |
Comparison: Shopping in Lake havasu city, AZ costs $16 less in annual sales tax than in Dekalb, IL for the average household.
Tax Comparison Insights
Tax Insights: Lake havasu city vs Dekalb
- Property Tax: Lake havasu city has a 2.0541 percentage points lower effective property tax rate than Dekalb.
- Income Tax: Living in AZ could save you approximately $1,974 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Lake havasu city is 0.10 percentage points lower than in Dekalb.
Overall Tax Burden Comparison
Lake havasu city, AZ
$5,738
Combined annual tax burden
Property
$2,035
Income
$2,015
Sales
$1,689
Dekalb, IL
$16,339
Combined annual tax burden
Property
$10,646
Income
$3,989
Sales
$1,705
Overall Comparison: Lake havasu city, AZ has an estimated $10,601 lower total tax burden than Dekalb, IL 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.