Tax Comparison: Paden city, WV vs North haven, ME
Understanding Your Tax Burden
This page compares the three main types of taxes between Paden city, WV and North haven, ME: 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
Paden city, WV
$2,360
Based on a $419,200 home
Rate: 0.5629%
North haven, ME
$5,252
Based on a $419,200 home
Rate: 1.2528%
| Data | Paden city, WV | North haven, ME |
|---|---|---|
| Effective Property Tax Rate | 0.5629% | 1.2528% |
| Estimated Property Tax | $2,360 | $5,252 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Paden city, WV are $2,892 lower than in North haven, ME 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
WV
2.36%-5.12%
Single: $4,921
Married: $8,858
ME
5.8%-7.15%
Single: $5,715
Married: $10,287
| Data | WV | ME |
|---|---|---|
| Tax Rate | 2.36%-5.12% | 5.8%-7.15% |
| Single Filer ($100k) | $4,921 | $5,715 |
| Married Couple ($200k) | $8,858 | $10,287 |
| Median Income ($80.6k) | $4,271 | $5,765 |
Comparison: Income taxes in WV are $1,494 lower than in ME 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
Paden city, WV
7.000%
Combined rate
Annual sales tax: $1085
(Based on $15,500 spending)
North haven, ME
5.500%
Combined rate
Annual sales tax: $852
(Based on $15,500 spending)
| Data | Paden city, WV | North haven, ME |
|---|---|---|
| State Sales Tax | 6.00% | 5.50% |
| Combined Sales Tax | 7.000% | 5.500% |
| Annual Tax Amount | $1,085 | $852 |
Comparison: Shopping in North haven, ME costs $233 less in annual sales tax than in Paden city, WV for the average household.
Tax Comparison Insights
Tax Insights: Paden city vs North haven
- Property Tax: Paden city has a 0.6899 percentage points lower effective property tax rate than North haven.
- Income Tax: Living in WV could save you approximately $1,494 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in North haven is 1.50 percentage points lower than in Paden city.
Overall Tax Burden Comparison
Paden city, WV
$7,715
Combined annual tax burden
Property
$2,360
Income
$4,271
Sales
$1,085
North haven, ME
$11,868
Combined annual tax burden
Property
$5,252
Income
$5,765
Sales
$852
Overall Comparison: Paden city, WV has an estimated $4,153 lower total tax burden than North haven, ME 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.