Tax Comparison: Ogden, UT vs Elk horn, IA
Understanding Your Tax Burden
This page compares the three main types of taxes between Ogden, UT and Elk horn, IA: 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
Ogden, UT
$2,601
Based on a $419,200 home
Rate: 0.6205%
Elk horn, IA
$5,303
Based on a $419,200 home
Rate: 1.2650%
| Data | Ogden, UT | Elk horn, IA |
|---|---|---|
| Effective Property Tax Rate | 0.6205% | 1.2650% |
| Estimated Property Tax | $2,601 | $5,303 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Ogden, UT are $2,702 lower than in Elk horn, IA 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
UT
4.65%
Single: $4,700
Married: $8,460
IA
4.4%-5.7%
Single: $3,800
Married: $6,840
| Data | UT | IA |
|---|---|---|
| Tax Rate | 4.65% | 4.4%-5.7% |
| Single Filer ($100k) | $4,700 | $3,800 |
| Married Couple ($200k) | $8,460 | $6,840 |
| Median Income ($80.6k) | $3,789 | $3,061 |
Comparison: Income taxes in IA are $728 lower than in UT 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
Ogden, UT
10.300%
Combined rate
Annual sales tax: $1596
(Based on $15,500 spending)
Elk horn, IA
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
| Data | Ogden, UT | Elk horn, IA |
|---|---|---|
| State Sales Tax | 6.10% | 6.00% |
| Combined Sales Tax | 10.300% | 8.000% |
| Annual Tax Amount | $1,596 | $1,240 |
Comparison: Shopping in Elk horn, IA costs $356 less in annual sales tax than in Ogden, UT for the average household.
Tax Comparison Insights
Tax Insights: Ogden vs Elk horn
- Property Tax: Ogden has a 0.6445 percentage points lower effective property tax rate than Elk horn.
- Income Tax: Living in IA could save you approximately $728 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Elk horn is 2.30 percentage points lower than in Ogden.
Overall Tax Burden Comparison
Ogden, UT
$7,986
Combined annual tax burden
Property
$2,601
Income
$3,789
Sales
$1,596
Elk horn, IA
$9,603
Combined annual tax burden
Property
$5,303
Income
$3,061
Sales
$1,240
Overall Comparison: Ogden, UT has an estimated $1,617 lower total tax burden than Elk horn, IA 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.