Tax Comparison: Litchfield park, AZ vs Middlebury, VT
Understanding Your Tax Burden
This page compares the three main types of taxes between Litchfield park, AZ and Middlebury, VT: 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
Litchfield park, AZ
$1,986
Based on a $419,200 home
Rate: 0.4738%
Middlebury, VT
$7,096
Based on a $419,200 home
Rate: 1.6928%
Data | Litchfield park, AZ | Middlebury, VT |
---|---|---|
Effective Property Tax Rate | 0.4738% | 1.6928% |
Estimated Property Tax | $1,986 | $7,096 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Litchfield park, AZ are $5,110 lower than in Middlebury, VT 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
VT
3.35%-8.75%
Single: $4,146
Married: $7,463
Data | AZ | VT |
---|---|---|
Tax Rate | 2.5% | 3.35%-8.75% |
Single Filer ($100k) | $2,500 | $4,146 |
Married Couple ($200k) | $4,500 | $7,463 |
Median Income ($80.6k) | $2,015 | $5,320 |
Comparison: Income taxes in AZ are $3,305 lower than in VT 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
Litchfield park, AZ
10.900%
Combined rate
Annual sales tax: $1689
(Based on $15,500 spending)
Middlebury, VT
7.000%
Combined rate
Annual sales tax: $1085
(Based on $15,500 spending)
Data | Litchfield park, AZ | Middlebury, VT |
---|---|---|
State Sales Tax | 5.60% | 6.00% |
Combined Sales Tax | 10.900% | 7.000% |
Annual Tax Amount | $1,689 | $1,085 |
Comparison: Shopping in Middlebury, VT costs $604 less in annual sales tax than in Litchfield park, AZ for the average household.
Tax Comparison Insights
Tax Insights: Litchfield park vs Middlebury
- Property Tax: Litchfield park has a 1.2190 percentage points lower effective property tax rate than Middlebury.
- Income Tax: Living in AZ could save you approximately $3,305 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Middlebury is 3.90 percentage points lower than in Litchfield park.
Overall Tax Burden Comparison
Litchfield park, AZ
$5,690
Combined annual tax burden
Property
$1,986
Income
$2,015
Sales
$1,689
Middlebury, VT
$13,501
Combined annual tax burden
Property
$7,096
Income
$5,320
Sales
$1,085
Overall Comparison: Litchfield park, AZ has an estimated $7,811 lower total tax burden than Middlebury, VT 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.