Tax Comparison: Larchmont, NY vs Lemon cove, CA
Understanding Your Tax Burden
This page compares the three main types of taxes between Larchmont, NY and Lemon cove, 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
Larchmont, NY
$6,567
Based on a $419,200 home
Rate: 1.5666%
Lemon cove, CA
$3,062
Based on a $419,200 home
Rate: 0.7304%
| Data | Larchmont, NY | Lemon cove, CA |
|---|---|---|
| Effective Property Tax Rate | 1.5666% | 0.7304% |
| Estimated Property Tax | $6,567 | $3,062 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Lemon cove, CA are $3,505 lower than in Larchmont, 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
NY
4%-10.9%
Single: $5,436
Married: $9,785
CA
1%-13.3%
Single: $865
Married: $1,557
| Data | NY | CA |
|---|---|---|
| Tax Rate | 4%-10.9% | 1%-13.3% |
| Single Filer ($100k) | $5,436 | $865 |
| Married Couple ($200k) | $9,785 | $1,557 |
| Median Income ($80.6k) | $4,837 | $4,837 |
Comparison: Income taxes are roughly the same in both states 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
Larchmont, NY
8.875%
Combined rate
Annual sales tax: $1375
(Based on $15,500 spending)
Lemon cove, CA
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
| Data | Larchmont, NY | Lemon cove, CA |
|---|---|---|
| State Sales Tax | 4.00% | 7.25% |
| Combined Sales Tax | 8.875% | 12.000% |
| Annual Tax Amount | $1,375 | $1,860 |
Comparison: Shopping in Larchmont, NY costs $485 less in annual sales tax than in Lemon cove, CA for the average household.
Tax Comparison Insights
Tax Insights: Larchmont vs Lemon cove
- Property Tax: Lemon cove has a 0.8362 percentage points lower effective property tax rate than Larchmont.
- Income Tax: Both states have similar income tax burdens for median income households.
- Sales Tax: The combined sales tax rate in Larchmont is 3.13 percentage points lower than in Lemon cove.
Overall Tax Burden Comparison
Larchmont, NY
$12,779
Combined annual tax burden
Property
$6,567
Income
$4,837
Sales
$1,375
Lemon cove, CA
$9,758
Combined annual tax burden
Property
$3,062
Income
$4,837
Sales
$1,860
Overall Comparison: Lemon cove, CA has an estimated $3,021 lower total tax burden than Larchmont, 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.