Tax Comparison: Pell city, AL vs Island park, NY
Understanding Your Tax Burden
This page compares the three main types of taxes between Pell city, AL and Island park, NY: 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
Pell city, AL
$1,278
Based on a $419,200 home
Rate: 0.3048%
Island park, NY
$6,365
Based on a $419,200 home
Rate: 1.5183%
Data | Pell city, AL | Island park, NY |
---|---|---|
Effective Property Tax Rate | 0.3048% | 1.5183% |
Estimated Property Tax | $1,278 | $6,365 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Pell city, AL are $5,087 lower than in Island park, NY 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
AL
2%-5%
Single: $4,670
Married: $8,406
NY
4%-10.9%
Single: $5,436
Married: $9,785
Data | AL | NY |
---|---|---|
Tax Rate | 2%-5% | 4%-10.9% |
Single Filer ($100k) | $4,670 | $5,436 |
Married Couple ($200k) | $8,406 | $9,785 |
Median Income ($80.6k) | $4,030 | $4,837 |
Comparison: Income taxes in AL are $807 lower than in NY 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
Pell city, AL
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
Island park, NY
8.875%
Combined rate
Annual sales tax: $1375
(Based on $15,500 spending)
Data | Pell city, AL | Island park, NY |
---|---|---|
State Sales Tax | 4.00% | 4.00% |
Combined Sales Tax | 12.000% | 8.875% |
Annual Tax Amount | $1,860 | $1,375 |
Comparison: Shopping in Island park, NY costs $485 less in annual sales tax than in Pell city, AL for the average household.
Tax Comparison Insights
Tax Insights: Pell city vs Island park
- Property Tax: Pell city has a 1.2135 percentage points lower effective property tax rate than Island park.
- Income Tax: Living in AL could save you approximately $807 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Island park is 3.13 percentage points lower than in Pell city.
Overall Tax Burden Comparison
Pell city, AL
$7,167
Combined annual tax burden
Property
$1,278
Income
$4,030
Sales
$1,860
Island park, NY
$12,576
Combined annual tax burden
Property
$6,365
Income
$4,837
Sales
$1,375
Overall Comparison: Pell city, AL has an estimated $5,409 lower total tax burden than Island park, NY 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.