Tax Comparison: Star city, AR vs Grand island, NE
Understanding Your Tax Burden
This page compares the three main types of taxes between Star city, AR and Grand island, NE: 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
Star city, AR
$2,260
Based on a $419,200 home
Rate: 0.5391%
Grand island, NE
$5,755
Based on a $419,200 home
Rate: 1.3728%
| Data | Star city, AR | Grand island, NE |
|---|---|---|
| Effective Property Tax Rate | 0.5391% | 1.3728% |
| Estimated Property Tax | $2,260 | $5,755 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Star city, AR are $3,495 lower than in Grand island, NE 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
AR
2%-4.4%
Single: $3,625
Married: $6,525
NE
2.46%-5.84%
Single: $4,828
Married: $8,690
| Data | AR | NE |
|---|---|---|
| Tax Rate | 2%-4.4% | 2.46%-5.84% |
| Single Filer ($100k) | $3,625 | $4,828 |
| Married Couple ($200k) | $6,525 | $8,690 |
| Median Income ($80.6k) | $3,145 | $4,041 |
Comparison: Income taxes in AR are $896 lower than in NE 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
Star city, AR
12.625%
Combined rate
Annual sales tax: $1956
(Based on $15,500 spending)
Grand island, NE
7.500%
Combined rate
Annual sales tax: $1162
(Based on $15,500 spending)
| Data | Star city, AR | Grand island, NE |
|---|---|---|
| State Sales Tax | 6.50% | 5.50% |
| Combined Sales Tax | 12.625% | 7.500% |
| Annual Tax Amount | $1,956 | $1,162 |
Comparison: Shopping in Grand island, NE costs $794 less in annual sales tax than in Star city, AR for the average household.
Tax Comparison Insights
Tax Insights: Star city vs Grand island
- Property Tax: Star city has a 0.8337 percentage points lower effective property tax rate than Grand island.
- Income Tax: Living in AR could save you approximately $896 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Grand island is 5.13 percentage points lower than in Star city.
Overall Tax Burden Comparison
Star city, AR
$7,360
Combined annual tax burden
Property
$2,260
Income
$3,145
Sales
$1,956
Grand island, NE
$10,957
Combined annual tax burden
Property
$5,755
Income
$4,041
Sales
$1,162
Overall Comparison: Star city, AR has an estimated $3,597 lower total tax burden than Grand island, NE 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.