Tax Comparison: New brunswick, NJ vs Sunrise beach, MO
Understanding Your Tax Burden
This page compares the three main types of taxes between New brunswick, NJ and Sunrise beach, MO: 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
New brunswick, NJ
$9,241
Based on a $419,200 home
Rate: 2.2044%
Sunrise beach, MO
$2,097
Based on a $419,200 home
Rate: 0.5002%
Data | New brunswick, NJ | Sunrise beach, MO |
---|---|---|
Effective Property Tax Rate | 2.2044% | 0.5002% |
Estimated Property Tax | $9,241 | $2,097 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Sunrise beach, MO are $7,144 lower than in New brunswick, NJ 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
NJ
1.4%-10.75%
Single: $3,957
Married: $7,123
MO
2%-4.8%
Single: $4,620
Married: $8,316
Data | NJ | MO |
---|---|---|
Tax Rate | 1.4%-10.75% | 2%-4.8% |
Single Filer ($100k) | $3,957 | $4,620 |
Married Couple ($200k) | $7,123 | $8,316 |
Median Income ($80.6k) | $5,137 | $3,789 |
Comparison: Income taxes in MO are $1,348 lower than in NJ 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
New brunswick, NJ
9.938%
Combined rate
Annual sales tax: $1540
(Based on $15,500 spending)
Sunrise beach, MO
10.100%
Combined rate
Annual sales tax: $1565
(Based on $15,500 spending)
Data | New brunswick, NJ | Sunrise beach, MO |
---|---|---|
State Sales Tax | 6.63% | 4.23% |
Combined Sales Tax | 9.938% | 10.100% |
Annual Tax Amount | $1,540 | $1,565 |
Comparison: Shopping in New brunswick, NJ costs $25 less in annual sales tax than in Sunrise beach, MO for the average household.
Tax Comparison Insights
Tax Insights: New brunswick vs Sunrise beach
- Property Tax: Sunrise beach has a 1.7042 percentage points lower effective property tax rate than New brunswick.
- Income Tax: Living in MO could save you approximately $1,348 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in New brunswick is 0.16 percentage points lower than in Sunrise beach.
Overall Tax Burden Comparison
New brunswick, NJ
$15,917
Combined annual tax burden
Property
$9,241
Income
$5,137
Sales
$1,540
Sunrise beach, MO
$7,450
Combined annual tax burden
Property
$2,097
Income
$3,789
Sales
$1,565
Overall Comparison: Sunrise beach, MO has an estimated $8,467 lower total tax burden than New brunswick, NJ 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.