Tax Comparison: Prescott, AZ vs Overland park, KS
Understanding Your Tax Burden
This page compares the three main types of taxes between Prescott, AZ and Overland park, KS: 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
Prescott, AZ
$1,850
Based on a $419,200 home
Rate: 0.4413%
Overland park, KS
$4,835
Based on a $419,200 home
Rate: 1.1533%
| Data | Prescott, AZ | Overland park, KS |
|---|---|---|
| Effective Property Tax Rate | 0.4413% | 1.1533% |
| Estimated Property Tax | $1,850 | $4,835 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Prescott, AZ are $2,985 lower than in Overland park, KS 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
AZ
2.5%
Single: $2,500
Married: $4,500
KS
3.1%-5.7%
Single: $4,524
Married: $8,143
| Data | AZ | KS |
|---|---|---|
| Tax Rate | 2.5% | 3.1%-5.7% |
| Single Filer ($100k) | $2,500 | $4,524 |
| Married Couple ($200k) | $4,500 | $8,143 |
| Median Income ($80.6k) | $2,015 | $4,191 |
Comparison: Income taxes in AZ are $2,176 lower than in KS 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
Prescott, AZ
10.900%
Combined rate
Annual sales tax: $1689
(Based on $15,500 spending)
Overland park, KS
10.750%
Combined rate
Annual sales tax: $1666
(Based on $15,500 spending)
| Data | Prescott, AZ | Overland park, KS |
|---|---|---|
| State Sales Tax | 5.60% | 6.50% |
| Combined Sales Tax | 10.900% | 10.750% |
| Annual Tax Amount | $1,689 | $1,666 |
Comparison: Shopping in Overland park, KS costs $23 less in annual sales tax than in Prescott, AZ for the average household.
Tax Comparison Insights
Tax Insights: Prescott vs Overland park
- Property Tax: Prescott has a 0.7120 percentage points lower effective property tax rate than Overland park.
- Income Tax: Living in AZ could save you approximately $2,176 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Overland park is 0.15 percentage points lower than in Prescott.
Overall Tax Burden Comparison
Prescott, AZ
$5,553
Combined annual tax burden
Property
$1,850
Income
$2,015
Sales
$1,689
Overland park, KS
$10,691
Combined annual tax burden
Property
$4,835
Income
$4,191
Sales
$1,666
Overall Comparison: Prescott, AZ has an estimated $5,138 lower total tax burden than Overland park, KS 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.