Tax Comparison: North charleston, SC vs Norman, OK
Understanding Your Tax Burden
This page compares the three main types of taxes between North charleston, SC and Norman, OK: 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
North charleston, SC
$2,008
Based on a $419,200 home
Rate: 0.4791%
Norman, OK
$4,305
Based on a $419,200 home
Rate: 1.0269%
Data | North charleston, SC | Norman, OK |
---|---|---|
Effective Property Tax Rate | 0.4791% | 1.0269% |
Estimated Property Tax | $2,008 | $4,305 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in North charleston, SC are $2,296 lower than in Norman, OK 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
SC
0%-6.3%
Single: $5,580
Married: $10,044
OK
0.25%-4.75%
Single: $3,797
Married: $6,835
Data | SC | OK |
---|---|---|
Tax Rate | 0%-6.3% | 0.25%-4.75% |
Single Filer ($100k) | $5,580 | $3,797 |
Married Couple ($200k) | $10,044 | $6,835 |
Median Income ($80.6k) | $5,003 | $3,829 |
Comparison: Income taxes in OK are $1,174 lower than in SC 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
North charleston, SC
9.000%
Combined rate
Annual sales tax: $1395
(Based on $15,500 spending)
Norman, OK
11.500%
Combined rate
Annual sales tax: $1782
(Based on $15,500 spending)
Data | North charleston, SC | Norman, OK |
---|---|---|
State Sales Tax | 6.00% | 4.50% |
Combined Sales Tax | 9.000% | 11.500% |
Annual Tax Amount | $1,395 | $1,782 |
Comparison: Shopping in North charleston, SC costs $387 less in annual sales tax than in Norman, OK for the average household.
Tax Comparison Insights
Tax Insights: North charleston vs Norman
- Property Tax: North charleston has a 0.5478 percentage points lower effective property tax rate than Norman.
- Income Tax: Living in OK could save you approximately $1,174 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in North charleston is 2.50 percentage points lower than in Norman.
Overall Tax Burden Comparison
North charleston, SC
$8,406
Combined annual tax burden
Property
$2,008
Income
$5,003
Sales
$1,395
Norman, OK
$9,915
Combined annual tax burden
Property
$4,305
Income
$3,829
Sales
$1,782
Overall Comparison: North charleston, SC has an estimated $1,509 lower total tax burden than Norman, OK 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.