Tax Comparison: Sedona, AZ vs Navajo dam, NM
Understanding Your Tax Burden
This page compares the three main types of taxes between Sedona, AZ and Navajo dam, NM: 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
Sedona, AZ
$2,037
Based on a $419,200 home
Rate: 0.4860%
Navajo dam, NM
$2,829
Based on a $419,200 home
Rate: 0.6748%
| Data | Sedona, AZ | Navajo dam, NM |
|---|---|---|
| Effective Property Tax Rate | 0.4860% | 0.6748% |
| Estimated Property Tax | $2,037 | $2,829 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Sedona, AZ are $791 lower than in Navajo dam, NM 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
NM
1.7%-5.9%
Single: $4,090
Married: $7,362
| Data | AZ | NM |
|---|---|---|
| Tax Rate | 2.5% | 1.7%-5.9% |
| Single Filer ($100k) | $2,500 | $4,090 |
| Married Couple ($200k) | $4,500 | $7,362 |
| Median Income ($80.6k) | $2,015 | $3,950 |
Comparison: Income taxes in AZ are $1,935 lower than in NM 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
Sedona, AZ
10.900%
Combined rate
Annual sales tax: $1689
(Based on $15,500 spending)
Navajo dam, NM
9.438%
Combined rate
Annual sales tax: $1462
(Based on $15,500 spending)
| Data | Sedona, AZ | Navajo dam, NM |
|---|---|---|
| State Sales Tax | 5.60% | 4.88% |
| Combined Sales Tax | 10.900% | 9.438% |
| Annual Tax Amount | $1,689 | $1,462 |
Comparison: Shopping in Navajo dam, NM costs $227 less in annual sales tax than in Sedona, AZ for the average household.
Tax Comparison Insights
Tax Insights: Sedona vs Navajo dam
- Property Tax: Sedona has a 0.1888 percentage points lower effective property tax rate than Navajo dam.
- Income Tax: Living in AZ could save you approximately $1,935 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Navajo dam is 1.46 percentage points lower than in Sedona.
Overall Tax Burden Comparison
Sedona, AZ
$5,741
Combined annual tax burden
Property
$2,037
Income
$2,015
Sales
$1,689
Navajo dam, NM
$8,240
Combined annual tax burden
Property
$2,829
Income
$3,950
Sales
$1,462
Overall Comparison: Sedona, AZ has an estimated $2,499 lower total tax burden than Navajo dam, NM 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.