Tax Comparison: Loma linda, CA vs Lake view, SC
Understanding Your Tax Burden
This page compares the three main types of taxes between Loma linda, CA and Lake view, SC: 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
Loma linda, CA
$2,953
Based on a $419,200 home
Rate: 0.7044%
Lake view, SC
$2,111
Based on a $419,200 home
Rate: 0.5036%
Data | Loma linda, CA | Lake view, SC |
---|---|---|
Effective Property Tax Rate | 0.7044% | 0.5036% |
Estimated Property Tax | $2,953 | $2,111 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Lake view, SC are $842 lower than in Loma linda, CA 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
CA
1%-13.3%
Single: $865
Married: $1,557
SC
0%-6.3%
Single: $5,580
Married: $10,044
Data | CA | SC |
---|---|---|
Tax Rate | 1%-13.3% | 0%-6.3% |
Single Filer ($100k) | $865 | $5,580 |
Married Couple ($200k) | $1,557 | $10,044 |
Median Income ($80.6k) | $4,837 | $5,003 |
Comparison: Income taxes in CA are $166 lower than in SC 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
Loma linda, CA
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
Lake view, SC
9.000%
Combined rate
Annual sales tax: $1395
(Based on $15,500 spending)
Data | Loma linda, CA | Lake view, SC |
---|---|---|
State Sales Tax | 7.25% | 6.00% |
Combined Sales Tax | 12.000% | 9.000% |
Annual Tax Amount | $1,860 | $1,395 |
Comparison: Shopping in Lake view, SC costs $465 less in annual sales tax than in Loma linda, CA for the average household.
Tax Comparison Insights
Tax Insights: Loma linda vs Lake view
- Property Tax: Lake view has a 0.2008 percentage points lower effective property tax rate than Loma linda.
- Income Tax: Living in CA could save you approximately $166 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Lake view is 3.00 percentage points lower than in Loma linda.
Overall Tax Burden Comparison
Loma linda, CA
$9,649
Combined annual tax burden
Property
$2,953
Income
$4,837
Sales
$1,860
Lake view, SC
$8,509
Combined annual tax burden
Property
$2,111
Income
$5,003
Sales
$1,395
Overall Comparison: Lake view, SC has an estimated $1,140 lower total tax burden than Loma linda, CA 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.