Tax Comparison: Pequot lakes, MN vs San leandro, CA
Understanding Your Tax Burden
This page compares the three main types of taxes between Pequot lakes, MN and San leandro, CA: 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
Pequot lakes, MN
$3,301
Based on a $419,200 home
Rate: 0.7875%
San leandro, CA
$3,196
Based on a $419,200 home
Rate: 0.7623%
Data | Pequot lakes, MN | San leandro, CA |
---|---|---|
Effective Property Tax Rate | 0.7875% | 0.7623% |
Estimated Property Tax | $3,301 | $3,196 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in San leandro, CA are $106 lower than in Pequot lakes, MN 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
MN
5.35%-9.85%
Single: $5,319
Married: $9,574
CA
1%-13.3%
Single: $865
Married: $1,557
Data | MN | CA |
---|---|---|
Tax Rate | 5.35%-9.85% | 1%-13.3% |
Single Filer ($100k) | $5,319 | $865 |
Married Couple ($200k) | $9,574 | $1,557 |
Median Income ($80.6k) | $5,481 | $4,837 |
Comparison: Income taxes in CA are $644 lower than in MN 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
Pequot lakes, MN
9.875%
Combined rate
Annual sales tax: $1530
(Based on $15,500 spending)
San leandro, CA
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
Data | Pequot lakes, MN | San leandro, CA |
---|---|---|
State Sales Tax | 6.88% | 7.25% |
Combined Sales Tax | 9.875% | 12.000% |
Annual Tax Amount | $1,530 | $1,860 |
Comparison: Shopping in Pequot lakes, MN costs $330 less in annual sales tax than in San leandro, CA for the average household.
Tax Comparison Insights
Tax Insights: Pequot lakes vs San leandro
- Property Tax: San leandro has a 0.0252 percentage points lower effective property tax rate than Pequot lakes.
- Income Tax: Living in CA could save you approximately $644 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Pequot lakes is 2.13 percentage points lower than in San leandro.
Overall Tax Burden Comparison
Pequot lakes, MN
$10,312
Combined annual tax burden
Property
$3,301
Income
$5,481
Sales
$1,530
San leandro, CA
$9,892
Combined annual tax burden
Property
$3,196
Income
$4,837
Sales
$1,860
Overall Comparison: San leandro, CA has an estimated $420 lower total tax burden than Pequot lakes, MN 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.