Tax Comparison: San luis obispo, CA vs Waukegan, IL
Understanding Your Tax Burden
This page compares the three main types of taxes between San luis obispo, CA and Waukegan, IL: 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
San luis obispo, CA
$2,953
Based on a $419,200 home
Rate: 0.7045%
Waukegan, IL
$11,222
Based on a $419,200 home
Rate: 2.6770%
Data | San luis obispo, CA | Waukegan, IL |
---|---|---|
Effective Property Tax Rate | 0.7045% | 2.6770% |
Estimated Property Tax | $2,953 | $11,222 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in San luis obispo, CA are $8,269 lower than in Waukegan, IL 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
CA
1%-13.3%
Single: $865
Married: $1,557
IL
4.95%.
Single: $4,950
Married: $8,910
Data | CA | IL |
---|---|---|
Tax Rate | 1%-13.3% | 4.95%. |
Single Filer ($100k) | $865 | $4,950 |
Married Couple ($200k) | $1,557 | $8,910 |
Median Income ($80.6k) | $4,837 | $3,989 |
Comparison: Income taxes in IL are $848 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
San luis obispo, CA
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
Waukegan, IL
11.000%
Combined rate
Annual sales tax: $1705
(Based on $15,500 spending)
Data | San luis obispo, CA | Waukegan, IL |
---|---|---|
State Sales Tax | 7.25% | 6.25% |
Combined Sales Tax | 12.000% | 11.000% |
Annual Tax Amount | $1,860 | $1,705 |
Comparison: Shopping in Waukegan, IL costs $155 less in annual sales tax than in San luis obispo, CA for the average household.
Tax Comparison Insights
Tax Insights: San luis obispo vs Waukegan
- Property Tax: San luis obispo has a 1.9725 percentage points lower effective property tax rate than Waukegan.
- Income Tax: Living in IL could save you approximately $848 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Waukegan is 1.00 percentage points lower than in San luis obispo.
Overall Tax Burden Comparison
San luis obispo, CA
$9,650
Combined annual tax burden
Property
$2,953
Income
$4,837
Sales
$1,860
Waukegan, IL
$16,915
Combined annual tax burden
Property
$11,222
Income
$3,989
Sales
$1,705
Overall Comparison: San luis obispo, CA has an estimated $7,265 lower total tax burden than Waukegan, IL 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.