Tax Comparison: Markleeville, CA vs Saratoga springs, NY
Understanding Your Tax Burden
This page compares the three main types of taxes between Markleeville, CA and Saratoga springs, NY: 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
Markleeville, CA
$2,869
Based on a $419,200 home
Rate: 0.6844%
Saratoga springs, NY
$6,251
Based on a $419,200 home
Rate: 1.4911%
Data | Markleeville, CA | Saratoga springs, NY |
---|---|---|
Effective Property Tax Rate | 0.6844% | 1.4911% |
Estimated Property Tax | $2,869 | $6,251 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Markleeville, CA are $3,382 lower than in Saratoga springs, 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
CA
1%-13.3%
Single: $865
Married: $1,557
NY
4%-10.9%
Single: $5,436
Married: $9,785
Data | CA | NY |
---|---|---|
Tax Rate | 1%-13.3% | 4%-10.9% |
Single Filer ($100k) | $865 | $5,436 |
Married Couple ($200k) | $1,557 | $9,785 |
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
Markleeville, CA
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
Saratoga springs, NY
8.875%
Combined rate
Annual sales tax: $1375
(Based on $15,500 spending)
Data | Markleeville, CA | Saratoga springs, NY |
---|---|---|
State Sales Tax | 7.25% | 4.00% |
Combined Sales Tax | 12.000% | 8.875% |
Annual Tax Amount | $1,860 | $1,375 |
Comparison: Shopping in Saratoga springs, NY costs $485 less in annual sales tax than in Markleeville, CA for the average household.
Tax Comparison Insights
Tax Insights: Markleeville vs Saratoga springs
- Property Tax: Markleeville has a 0.8067 percentage points lower effective property tax rate than Saratoga springs.
- Income Tax: Both states have similar income tax burdens for median income households.
- Sales Tax: The combined sales tax rate in Saratoga springs is 3.13 percentage points lower than in Markleeville.
Overall Tax Burden Comparison
Markleeville, CA
$9,566
Combined annual tax burden
Property
$2,869
Income
$4,837
Sales
$1,860
Saratoga springs, NY
$12,462
Combined annual tax burden
Property
$6,251
Income
$4,837
Sales
$1,375
Overall Comparison: Markleeville, CA has an estimated $2,896 lower total tax burden than Saratoga springs, 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.