Tax Comparison: South jordan, UT vs Concord, IL
Understanding Your Tax Burden
This page compares the three main types of taxes between South jordan, UT and Concord, IL: 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
South jordan, UT
$2,358
Based on a $419,200 home
Rate: 0.5626%
Concord, IL
$7,882
Based on a $419,200 home
Rate: 1.8803%
Data | South jordan, UT | Concord, IL |
---|---|---|
Effective Property Tax Rate | 0.5626% | 1.8803% |
Estimated Property Tax | $2,358 | $7,882 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in South jordan, UT are $5,524 lower than in Concord, IL 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
IL
4.95%.
Single: $4,950
Married: $8,910
Data | UT | IL |
---|---|---|
Tax Rate | 4.65% | 4.95%. |
Single Filer ($100k) | $4,700 | $4,950 |
Married Couple ($200k) | $8,460 | $8,910 |
Median Income ($80.6k) | $3,789 | $3,989 |
Comparison: Income taxes in UT are $200 lower than in IL 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
South jordan, UT
10.300%
Combined rate
Annual sales tax: $1596
(Based on $15,500 spending)
Concord, IL
11.000%
Combined rate
Annual sales tax: $1705
(Based on $15,500 spending)
Data | South jordan, UT | Concord, IL |
---|---|---|
State Sales Tax | 6.10% | 6.25% |
Combined Sales Tax | 10.300% | 11.000% |
Annual Tax Amount | $1,596 | $1,705 |
Comparison: Shopping in South jordan, UT costs $109 less in annual sales tax than in Concord, IL for the average household.
Tax Comparison Insights
Tax Insights: South jordan vs Concord
- Property Tax: South jordan has a 1.3177 percentage points lower effective property tax rate than Concord.
- Income Tax: Living in UT could save you approximately $200 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in South jordan is 0.70 percentage points lower than in Concord.
Overall Tax Burden Comparison
South jordan, UT
$7,743
Combined annual tax burden
Property
$2,358
Income
$3,789
Sales
$1,596
Concord, IL
$13,576
Combined annual tax burden
Property
$7,882
Income
$3,989
Sales
$1,705
Overall Comparison: South jordan, UT has an estimated $5,833 lower total tax burden than Concord, IL 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.