Tax Comparison: Lore city, OH vs Chula, GA
Understanding Your Tax Burden
This page compares the three main types of taxes between Lore city, OH and Chula, GA: 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
Lore city, OH
$4,246
Based on a $419,200 home
Rate: 1.0130%
Chula, GA
$3,922
Based on a $419,200 home
Rate: 0.9357%
Data | Lore city, OH | Chula, GA |
---|---|---|
Effective Property Tax Rate | 1.0130% | 0.9357% |
Estimated Property Tax | $4,246 | $3,922 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Chula, GA are $324 lower than in Lore city, OH 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
OH
2.75%-3.5%
Single: $2,640
Married: $4,752
GA
5.49%
Single: $5,390
Married: $9,702
Data | OH | GA |
---|---|---|
Tax Rate | 2.75%-3.5% | 5.49% |
Single Filer ($100k) | $2,640 | $5,390 |
Married Couple ($200k) | $4,752 | $9,702 |
Median Income ($80.6k) | $2,821 | $4,342 |
Comparison: Income taxes in OH are $1,521 lower than in GA 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
Lore city, OH
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Chula, GA
9.000%
Combined rate
Annual sales tax: $1395
(Based on $15,500 spending)
Data | Lore city, OH | Chula, GA |
---|---|---|
State Sales Tax | 5.75% | 4.00% |
Combined Sales Tax | 8.000% | 9.000% |
Annual Tax Amount | $1,240 | $1,395 |
Comparison: Shopping in Lore city, OH costs $155 less in annual sales tax than in Chula, GA for the average household.
Tax Comparison Insights
Tax Insights: Lore city vs Chula
- Property Tax: Chula has a 0.0773 percentage points lower effective property tax rate than Lore city.
- Income Tax: Living in OH could save you approximately $1,521 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Lore city is 1.00 percentage points lower than in Chula.
Overall Tax Burden Comparison
Lore city, OH
$8,307
Combined annual tax burden
Property
$4,246
Income
$2,821
Sales
$1,240
Chula, GA
$9,659
Combined annual tax burden
Property
$3,922
Income
$4,342
Sales
$1,395
Overall Comparison: Lore city, OH has an estimated $1,352 lower total tax burden than Chula, GA 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.