Tax Comparison: Sandy, UT vs New london, CT
Understanding Your Tax Burden
This page compares the three main types of taxes between Sandy, UT and New london, CT: 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
Sandy, UT
$2,358
Based on a $419,200 home
Rate: 0.5626%
New london, CT
$7,595
Based on a $419,200 home
Rate: 1.8119%
Data | Sandy, UT | New london, CT |
---|---|---|
Effective Property Tax Rate | 0.5626% | 1.8119% |
Estimated Property Tax | $2,358 | $7,595 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Sandy, UT are $5,237 lower than in New london, CT 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
UT
4.65%
Single: $4,700
Married: $8,460
CT
2%-6.99%
Single: $3,800
Married: $6,840
Data | UT | CT |
---|---|---|
Tax Rate | 4.65% | 2%-6.99% |
Single Filer ($100k) | $4,700 | $3,800 |
Married Couple ($200k) | $8,460 | $6,840 |
Median Income ($80.6k) | $3,789 | $4,837 |
Comparison: Income taxes in UT are $1,048 lower than in CT 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
Sandy, UT
10.300%
Combined rate
Annual sales tax: $1596
(Based on $15,500 spending)
New london, CT
6.350%
Combined rate
Annual sales tax: $984
(Based on $15,500 spending)
Data | Sandy, UT | New london, CT |
---|---|---|
State Sales Tax | 6.10% | 6.35% |
Combined Sales Tax | 10.300% | 6.350% |
Annual Tax Amount | $1,596 | $984 |
Comparison: Shopping in New london, CT costs $612 less in annual sales tax than in Sandy, UT for the average household.
Tax Comparison Insights
Tax Insights: Sandy vs New london
- Property Tax: Sandy has a 1.2493 percentage points lower effective property tax rate than New london.
- Income Tax: Living in UT could save you approximately $1,048 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in New london is 3.95 percentage points lower than in Sandy.
Overall Tax Burden Comparison
Sandy, UT
$7,743
Combined annual tax burden
Property
$2,358
Income
$3,789
Sales
$1,596
New london, CT
$13,416
Combined annual tax burden
Property
$7,595
Income
$4,837
Sales
$984
Overall Comparison: Sandy, UT has an estimated $5,673 lower total tax burden than New london, CT 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.