Tax Comparison: South solon, OH vs Fort payne, AL
Understanding Your Tax Burden
This page compares the three main types of taxes between South solon, OH and Fort payne, AL: 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 solon, OH
$4,415
Based on a $419,200 home
Rate: 1.0532%
Fort payne, AL
$1,417
Based on a $419,200 home
Rate: 0.3380%
Data | South solon, OH | Fort payne, AL |
---|---|---|
Effective Property Tax Rate | 1.0532% | 0.3380% |
Estimated Property Tax | $4,415 | $1,417 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Fort payne, AL are $2,998 lower than in South solon, 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
OH
2.75%-3.5%
Single: $2,640
Married: $4,752
AL
2%-5%
Single: $4,670
Married: $8,406
Data | OH | AL |
---|---|---|
Tax Rate | 2.75%-3.5% | 2%-5% |
Single Filer ($100k) | $2,640 | $4,670 |
Married Couple ($200k) | $4,752 | $8,406 |
Median Income ($80.6k) | $2,821 | $4,030 |
Comparison: Income taxes in OH are $1,209 lower than in AL 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 solon, OH
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Fort payne, AL
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
Data | South solon, OH | Fort payne, AL |
---|---|---|
State Sales Tax | 5.75% | 4.00% |
Combined Sales Tax | 8.000% | 12.000% |
Annual Tax Amount | $1,240 | $1,860 |
Comparison: Shopping in South solon, OH costs $620 less in annual sales tax than in Fort payne, AL for the average household.
Tax Comparison Insights
Tax Insights: South solon vs Fort payne
- Property Tax: Fort payne has a 0.7152 percentage points lower effective property tax rate than South solon.
- Income Tax: Living in OH could save you approximately $1,209 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in South solon is 4.00 percentage points lower than in Fort payne.
Overall Tax Burden Comparison
South solon, OH
$8,476
Combined annual tax burden
Property
$4,415
Income
$2,821
Sales
$1,240
Fort payne, AL
$7,306
Combined annual tax burden
Property
$1,417
Income
$4,030
Sales
$1,860
Overall Comparison: Fort payne, AL has an estimated $1,170 lower total tax burden than South solon, 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.