Tax Comparison: Mountain home, AR vs Milan, OH

Understanding Your Tax Burden

This page compares the three main types of taxes between Mountain home, AR and Milan, OH: 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

Mountain home, AR

$1,939

Based on a $419,200 home

Rate: 0.4625%

Milan, OH

$5,311

Based on a $419,200 home

Rate: 1.2670%

Data Mountain home, AR Milan, OH
Effective Property Tax Rate 0.4625% 1.2670%
Estimated Property Tax $1,939 $5,311
Home Value Used $419,200 $419,200

Comparison: Property taxes in Mountain home, AR are $3,372 lower than in Milan, 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

AR

2%-4.4%

Single: $3,625

Married: $6,525

OH

2.75%-3.5%

Single: $2,640

Married: $4,752

Data AR OH
Tax Rate 2%-4.4% 2.75%-3.5%
Single Filer ($100k) $3,625 $2,640
Married Couple ($200k) $6,525 $4,752
Median Income ($80.6k) $3,145 $2,821

Comparison: Income taxes in OH are $324 lower than in AR 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

Mountain home, AR

12.625%

Combined rate

Annual sales tax: $1956

(Based on $15,500 spending)

Milan, OH

8.000%

Combined rate

Annual sales tax: $1240

(Based on $15,500 spending)

Data Mountain home, AR Milan, OH
State Sales Tax 6.50% 5.75%
Combined Sales Tax 12.625% 8.000%
Annual Tax Amount $1,956 $1,240

Comparison: Shopping in Milan, OH costs $716 less in annual sales tax than in Mountain home, AR for the average household.

Tax Comparison Insights

Tax Insights: Mountain home vs Milan

  • Property Tax: Mountain home has a 0.8045 percentage points lower effective property tax rate than Milan.
  • Income Tax: Living in OH could save you approximately $324 in state income taxes for a median household income.
  • Sales Tax: The combined sales tax rate in Milan is 4.63 percentage points lower than in Mountain home.

Overall Tax Burden Comparison

Mountain home, AR

$7,039

Combined annual tax burden

Property

$1,939

Income

$3,145

Sales

$1,956

Milan, OH

$9,372

Combined annual tax burden

Property

$5,311

Income

$2,821

Sales

$1,240

Overall Comparison: Mountain home, AR has an estimated $2,333 lower total tax burden than Milan, OH 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.