Tax Comparison: Mount olive, MS vs Blue ridge, GA
Understanding Your Tax Burden
This page compares the three main types of taxes between Mount olive, MS and Blue ridge, 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
Mount olive, MS
$2,907
Based on a $419,200 home
Rate: 0.6934%
Blue ridge, GA
$1,464
Based on a $419,200 home
Rate: 0.3492%
Data | Mount olive, MS | Blue ridge, GA |
---|---|---|
Effective Property Tax Rate | 0.6934% | 0.3492% |
Estimated Property Tax | $2,907 | $1,464 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Blue ridge, GA are $1,443 lower than in Mount olive, MS 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
MS
4.7%
Single: $3,960
Married: $7,128
GA
5.49%
Single: $5,390
Married: $9,702
Data | MS | GA |
---|---|---|
Tax Rate | 4.7% | 5.49% |
Single Filer ($100k) | $3,960 | $5,390 |
Married Couple ($200k) | $7,128 | $9,702 |
Median Income ($80.6k) | $3,547 | $4,342 |
Comparison: Income taxes in MS are $795 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
Mount olive, MS
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Blue ridge, GA
9.000%
Combined rate
Annual sales tax: $1395
(Based on $15,500 spending)
Data | Mount olive, MS | Blue ridge, GA |
---|---|---|
State Sales Tax | 7.00% | 4.00% |
Combined Sales Tax | 8.000% | 9.000% |
Annual Tax Amount | $1,240 | $1,395 |
Comparison: Shopping in Mount olive, MS costs $155 less in annual sales tax than in Blue ridge, GA for the average household.
Tax Comparison Insights
Tax Insights: Mount olive vs Blue ridge
- Property Tax: Blue ridge has a 0.3442 percentage points lower effective property tax rate than Mount olive.
- Income Tax: Living in MS could save you approximately $795 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Mount olive is 1.00 percentage points lower than in Blue ridge.
Overall Tax Burden Comparison
Mount olive, MS
$7,693
Combined annual tax burden
Property
$2,907
Income
$3,547
Sales
$1,240
Blue ridge, GA
$7,200
Combined annual tax burden
Property
$1,464
Income
$4,342
Sales
$1,395
Overall Comparison: Blue ridge, GA has an estimated $493 lower total tax burden than Mount olive, MS 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.