Tax Comparison: Moberly, MO vs Science hill, KY
Understanding Your Tax Burden
This page compares the three main types of taxes between Moberly, MO and Science hill, KY: 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
Moberly, MO
$3,557
Based on a $419,200 home
Rate: 0.8485%
Science hill, KY
$2,709
Based on a $419,200 home
Rate: 0.6462%
Data | Moberly, MO | Science hill, KY |
---|---|---|
Effective Property Tax Rate | 0.8485% | 0.6462% |
Estimated Property Tax | $3,557 | $2,709 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Science hill, KY are $848 lower than in Moberly, MO 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
MO
2%-4.8%
Single: $4,620
Married: $8,316
KY
4%
Single: $4,000
Married: $7,200
Data | MO | KY |
---|---|---|
Tax Rate | 2%-4.8% | 4% |
Single Filer ($100k) | $4,620 | $4,000 |
Married Couple ($200k) | $8,316 | $7,200 |
Median Income ($80.6k) | $3,789 | $3,224 |
Comparison: Income taxes in KY are $565 lower than in MO 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
Moberly, MO
10.100%
Combined rate
Annual sales tax: $1565
(Based on $15,500 spending)
Science hill, KY
6.000%
Combined rate
Annual sales tax: $930
(Based on $15,500 spending)
Data | Moberly, MO | Science hill, KY |
---|---|---|
State Sales Tax | 4.23% | 6.00% |
Combined Sales Tax | 10.100% | 6.000% |
Annual Tax Amount | $1,565 | $930 |
Comparison: Shopping in Science hill, KY costs $635 less in annual sales tax than in Moberly, MO for the average household.
Tax Comparison Insights
Tax Insights: Moberly vs Science hill
- Property Tax: Science hill has a 0.2023 percentage points lower effective property tax rate than Moberly.
- Income Tax: Living in KY could save you approximately $565 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Science hill is 4.10 percentage points lower than in Moberly.
Overall Tax Burden Comparison
Moberly, MO
$8,910
Combined annual tax burden
Property
$3,557
Income
$3,789
Sales
$1,565
Science hill, KY
$6,862
Combined annual tax burden
Property
$2,709
Income
$3,224
Sales
$930
Overall Comparison: Science hill, KY has an estimated $2,048 lower total tax burden than Moberly, MO 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.