Tax Comparison: Sand springs, OK vs New haven, MO
Understanding Your Tax Burden
This page compares the three main types of taxes between Sand springs, OK and New haven, MO: 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
Sand springs, OK
$3,048
Based on a $419,200 home
Rate: 0.7272%
New haven, MO
$3,460
Based on a $419,200 home
Rate: 0.8255%
Data | Sand springs, OK | New haven, MO |
---|---|---|
Effective Property Tax Rate | 0.7272% | 0.8255% |
Estimated Property Tax | $3,048 | $3,460 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Sand springs, OK are $412 lower than in New haven, MO 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
OK
0.25%-4.75%
Single: $3,797
Married: $6,835
MO
2%-4.8%
Single: $4,620
Married: $8,316
Data | OK | MO |
---|---|---|
Tax Rate | 0.25%-4.75% | 2%-4.8% |
Single Filer ($100k) | $3,797 | $4,620 |
Married Couple ($200k) | $6,835 | $8,316 |
Median Income ($80.6k) | $3,829 | $3,789 |
Comparison: Income taxes in MO are $40 lower than in OK 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
Sand springs, OK
11.500%
Combined rate
Annual sales tax: $1782
(Based on $15,500 spending)
New haven, MO
10.100%
Combined rate
Annual sales tax: $1565
(Based on $15,500 spending)
Data | Sand springs, OK | New haven, MO |
---|---|---|
State Sales Tax | 4.50% | 4.23% |
Combined Sales Tax | 11.500% | 10.100% |
Annual Tax Amount | $1,782 | $1,565 |
Comparison: Shopping in New haven, MO costs $217 less in annual sales tax than in Sand springs, OK for the average household.
Tax Comparison Insights
Tax Insights: Sand springs vs New haven
- Property Tax: Sand springs has a 0.0983 percentage points lower effective property tax rate than New haven.
- Income Tax: Living in MO could save you approximately $40 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in New haven is 1.40 percentage points lower than in Sand springs.
Overall Tax Burden Comparison
Sand springs, OK
$8,659
Combined annual tax burden
Property
$3,048
Income
$3,829
Sales
$1,782
New haven, MO
$8,814
Combined annual tax burden
Property
$3,460
Income
$3,789
Sales
$1,565
Overall Comparison: Sand springs, OK has an estimated $155 lower total tax burden than New haven, MO 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.