Tax Comparison: South milwaukee, WI vs Fall river, MA
Understanding Your Tax Burden
This page compares the three main types of taxes between South milwaukee, WI and Fall river, MA: 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 milwaukee, WI
$8,531
Based on a $419,200 home
Rate: 2.0351%
Fall river, MA
$4,656
Based on a $419,200 home
Rate: 1.1107%
Data | South milwaukee, WI | Fall river, MA |
---|---|---|
Effective Property Tax Rate | 2.0351% | 1.1107% |
Estimated Property Tax | $8,531 | $4,656 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Fall river, MA are $3,875 lower than in South milwaukee, WI 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
WI
3.5%-7.65%
Single: $5,393
Married: $9,707
MA
5%-9%
Single: $5,000
Married: $9,000
Data | WI | MA |
---|---|---|
Tax Rate | 3.5%-7.65% | 5%-9% |
Single Filer ($100k) | $5,393 | $5,000 |
Married Couple ($200k) | $9,707 | $9,000 |
Median Income ($80.6k) | $4,271 | $4,031 |
Comparison: Income taxes in MA are $240 lower than in WI 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 milwaukee, WI
7.900%
Combined rate
Annual sales tax: $1224
(Based on $15,500 spending)
Fall river, MA
6.250%
Combined rate
Annual sales tax: $968
(Based on $15,500 spending)
Data | South milwaukee, WI | Fall river, MA |
---|---|---|
State Sales Tax | 5.00% | 6.25% |
Combined Sales Tax | 7.900% | 6.250% |
Annual Tax Amount | $1,224 | $968 |
Comparison: Shopping in Fall river, MA costs $256 less in annual sales tax than in South milwaukee, WI for the average household.
Tax Comparison Insights
Tax Insights: South milwaukee vs Fall river
- Property Tax: Fall river has a 0.9244 percentage points lower effective property tax rate than South milwaukee.
- Income Tax: Living in MA could save you approximately $240 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Fall river is 1.65 percentage points lower than in South milwaukee.
Overall Tax Burden Comparison
South milwaukee, WI
$14,026
Combined annual tax burden
Property
$8,531
Income
$4,271
Sales
$1,224
Fall river, MA
$9,655
Combined annual tax burden
Property
$4,656
Income
$4,031
Sales
$968
Overall Comparison: Fall river, MA has an estimated $4,371 lower total tax burden than South milwaukee, WI 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.