Tax Comparison: Somerton, AZ vs Yazoo city, MS
Understanding Your Tax Burden
This page compares the three main types of taxes between Somerton, AZ and Yazoo city, MS: 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
Somerton, AZ
$2,744
Based on a $419,200 home
Rate: 0.6546%
Yazoo city, MS
$3,731
Based on a $419,200 home
Rate: 0.8901%
Data | Somerton, AZ | Yazoo city, MS |
---|---|---|
Effective Property Tax Rate | 0.6546% | 0.8901% |
Estimated Property Tax | $2,744 | $3,731 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Somerton, AZ are $987 lower than in Yazoo city, MS 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
MS
4.7%
Single: $3,960
Married: $7,128
Data | AZ | MS |
---|---|---|
Tax Rate | 2.5% | 4.7% |
Single Filer ($100k) | $2,500 | $3,960 |
Married Couple ($200k) | $4,500 | $7,128 |
Median Income ($80.6k) | $2,015 | $3,547 |
Comparison: Income taxes in AZ are $1,532 lower than in MS 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
Somerton, AZ
10.900%
Combined rate
Annual sales tax: $1689
(Based on $15,500 spending)
Yazoo city, MS
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Data | Somerton, AZ | Yazoo city, MS |
---|---|---|
State Sales Tax | 5.60% | 7.00% |
Combined Sales Tax | 10.900% | 8.000% |
Annual Tax Amount | $1,689 | $1,240 |
Comparison: Shopping in Yazoo city, MS costs $449 less in annual sales tax than in Somerton, AZ for the average household.
Tax Comparison Insights
Tax Insights: Somerton vs Yazoo city
- Property Tax: Somerton has a 0.2355 percentage points lower effective property tax rate than Yazoo city.
- 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 Yazoo city is 2.90 percentage points lower than in Somerton.
Overall Tax Burden Comparison
Somerton, AZ
$6,448
Combined annual tax burden
Property
$2,744
Income
$2,015
Sales
$1,689
Yazoo city, MS
$8,518
Combined annual tax burden
Property
$3,731
Income
$3,547
Sales
$1,240
Overall Comparison: Somerton, AZ has an estimated $2,070 lower total tax burden than Yazoo city, MS 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.