Tax Comparison: Sierra vista, AZ vs Gill, CO
Understanding Your Tax Burden
This page compares the three main types of taxes between Sierra vista, AZ and Gill, CO: 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
Sierra vista, AZ
$2,678
Based on a $419,200 home
Rate: 0.6389%
Gill, CO
$2,114
Based on a $419,200 home
Rate: 0.5044%
Data | Sierra vista, AZ | Gill, CO |
---|---|---|
Effective Property Tax Rate | 0.6389% | 0.5044% |
Estimated Property Tax | $2,678 | $2,114 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Gill, CO are $564 lower than in Sierra vista, AZ 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
CO
4.4%
Single: $4,400
Married: $7,920
Data | AZ | CO |
---|---|---|
Tax Rate | 2.5% | 4.4% |
Single Filer ($100k) | $2,500 | $4,400 |
Married Couple ($200k) | $4,500 | $7,920 |
Median Income ($80.6k) | $2,015 | $3,547 |
Comparison: Income taxes in AZ are $1,532 lower than in CO 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
Sierra vista, AZ
10.900%
Combined rate
Annual sales tax: $1689
(Based on $15,500 spending)
Gill, CO
11.200%
Combined rate
Annual sales tax: $1736
(Based on $15,500 spending)
Data | Sierra vista, AZ | Gill, CO |
---|---|---|
State Sales Tax | 5.60% | 2.90% |
Combined Sales Tax | 10.900% | 11.200% |
Annual Tax Amount | $1,689 | $1,736 |
Comparison: Shopping in Sierra vista, AZ costs $47 less in annual sales tax than in Gill, CO for the average household.
Tax Comparison Insights
Tax Insights: Sierra vista vs Gill
- Property Tax: Gill has a 0.1345 percentage points lower effective property tax rate than Sierra vista.
- Income Tax: Living in AZ could save you approximately $1,532 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Sierra vista is 0.30 percentage points lower than in Gill.
Overall Tax Burden Comparison
Sierra vista, AZ
$6,382
Combined annual tax burden
Property
$2,678
Income
$2,015
Sales
$1,689
Gill, CO
$7,397
Combined annual tax burden
Property
$2,114
Income
$3,547
Sales
$1,736
Overall Comparison: Sierra vista, AZ has an estimated $1,015 lower total tax burden than Gill, CO 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.