Tax Comparison: Simpsonville, SC vs Tremont city, OH
Understanding Your Tax Burden
This page compares the three main types of taxes between Simpsonville, SC and Tremont city, OH: 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
Simpsonville, SC
$2,212
Based on a $419,200 home
Rate: 0.5276%
Tremont city, OH
$5,224
Based on a $419,200 home
Rate: 1.2463%
| Data | Simpsonville, SC | Tremont city, OH |
|---|---|---|
| Effective Property Tax Rate | 0.5276% | 1.2463% |
| Estimated Property Tax | $2,212 | $5,224 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Simpsonville, SC are $3,013 lower than in Tremont city, OH 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
SC
0%-6.3%
Single: $5,580
Married: $10,044
OH
2.75%-3.5%
Single: $2,640
Married: $4,752
| Data | SC | OH |
|---|---|---|
| Tax Rate | 0%-6.3% | 2.75%-3.5% |
| Single Filer ($100k) | $5,580 | $2,640 |
| Married Couple ($200k) | $10,044 | $4,752 |
| Median Income ($80.6k) | $5,003 | $2,821 |
Comparison: Income taxes in OH are $2,182 lower than in SC 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
Simpsonville, SC
9.000%
Combined rate
Annual sales tax: $1395
(Based on $15,500 spending)
Tremont city, OH
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
| Data | Simpsonville, SC | Tremont city, OH |
|---|---|---|
| State Sales Tax | 6.00% | 5.75% |
| Combined Sales Tax | 9.000% | 8.000% |
| Annual Tax Amount | $1,395 | $1,240 |
Comparison: Shopping in Tremont city, OH costs $155 less in annual sales tax than in Simpsonville, SC for the average household.
Tax Comparison Insights
Tax Insights: Simpsonville vs Tremont city
- Property Tax: Simpsonville has a 0.7187 percentage points lower effective property tax rate than Tremont city.
- Income Tax: Living in OH could save you approximately $2,182 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Tremont city is 1.00 percentage points lower than in Simpsonville.
Overall Tax Burden Comparison
Simpsonville, SC
$8,609
Combined annual tax burden
Property
$2,212
Income
$5,003
Sales
$1,395
Tremont city, OH
$9,285
Combined annual tax burden
Property
$5,224
Income
$2,821
Sales
$1,240
Overall Comparison: Simpsonville, SC has an estimated $676 lower total tax burden than Tremont city, OH 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.