Tax Comparison: Point of rocks, MD vs Rio linda, CA
Understanding Your Tax Burden
This page compares the three main types of taxes between Point of rocks, MD and Rio linda, 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
Point of rocks, MD
$4,274
Based on a $419,200 home
Rate: 1.0196%
Rio linda, CA
$3,166
Based on a $419,200 home
Rate: 0.7553%
Data | Point of rocks, MD | Rio linda, CA |
---|---|---|
Effective Property Tax Rate | 1.0196% | 0.7553% |
Estimated Property Tax | $4,274 | $3,166 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Rio linda, CA are $1,108 lower than in Point of rocks, MD 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
MD
2%-5.75%
Single: $4,581
Married: $8,246
CA
1%-13.3%
Single: $865
Married: $1,557
Data | MD | CA |
---|---|---|
Tax Rate | 2%-5.75% | 1%-13.3% |
Single Filer ($100k) | $4,581 | $865 |
Married Couple ($200k) | $8,246 | $1,557 |
Median Income ($80.6k) | $3,829 | $4,837 |
Comparison: Income taxes in MD are $1,008 lower than in CA 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
Point of rocks, MD
6.000%
Combined rate
Annual sales tax: $930
(Based on $15,500 spending)
Rio linda, CA
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
Data | Point of rocks, MD | Rio linda, CA |
---|---|---|
State Sales Tax | 6.00% | 7.25% |
Combined Sales Tax | 6.000% | 12.000% |
Annual Tax Amount | $930 | $1,860 |
Comparison: Shopping in Point of rocks, MD costs $930 less in annual sales tax than in Rio linda, CA for the average household.
Tax Comparison Insights
Tax Insights: Point of rocks vs Rio linda
- Property Tax: Rio linda has a 0.2643 percentage points lower effective property tax rate than Point of rocks.
- Income Tax: Living in MD could save you approximately $1,008 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Point of rocks is 6.00 percentage points lower than in Rio linda.
Overall Tax Burden Comparison
Point of rocks, MD
$9,033
Combined annual tax burden
Property
$4,274
Income
$3,829
Sales
$930
Rio linda, CA
$9,863
Combined annual tax burden
Property
$3,166
Income
$4,837
Sales
$1,860
Overall Comparison: Point of rocks, MD has an estimated $830 lower total tax burden than Rio linda, CA 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.