Tax Comparison: Sun prairie, WI vs Lake park, GA
Understanding Your Tax Burden
This page compares the three main types of taxes between Sun prairie, WI and Lake park, GA: 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
Sun prairie, WI
$7,186
Based on a $419,200 home
Rate: 1.7143%
Lake park, GA
$3,480
Based on a $419,200 home
Rate: 0.8302%
| Data | Sun prairie, WI | Lake park, GA |
|---|---|---|
| Effective Property Tax Rate | 1.7143% | 0.8302% |
| Estimated Property Tax | $7,186 | $3,480 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Lake park, GA are $3,706 lower than in Sun prairie, 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
GA
5.49%
Single: $5,390
Married: $9,702
| Data | WI | GA |
|---|---|---|
| Tax Rate | 3.5%-7.65% | 5.49% |
| Single Filer ($100k) | $5,393 | $5,390 |
| Married Couple ($200k) | $9,707 | $9,702 |
| Median Income ($80.6k) | $4,271 | $4,342 |
Comparison: Income taxes in WI are $71 lower than in GA 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
Sun prairie, WI
7.900%
Combined rate
Annual sales tax: $1224
(Based on $15,500 spending)
Lake park, GA
9.000%
Combined rate
Annual sales tax: $1395
(Based on $15,500 spending)
| Data | Sun prairie, WI | Lake park, GA |
|---|---|---|
| State Sales Tax | 5.00% | 4.00% |
| Combined Sales Tax | 7.900% | 9.000% |
| Annual Tax Amount | $1,224 | $1,395 |
Comparison: Shopping in Sun prairie, WI costs $171 less in annual sales tax than in Lake park, GA for the average household.
Tax Comparison Insights
Tax Insights: Sun prairie vs Lake park
- Property Tax: Lake park has a 0.8841 percentage points lower effective property tax rate than Sun prairie.
- Income Tax: Living in WI could save you approximately $71 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Sun prairie is 1.10 percentage points lower than in Lake park.
Overall Tax Burden Comparison
Sun prairie, WI
$12,681
Combined annual tax burden
Property
$7,186
Income
$4,271
Sales
$1,224
Lake park, GA
$9,217
Combined annual tax burden
Property
$3,480
Income
$4,342
Sales
$1,395
Overall Comparison: Lake park, GA has an estimated $3,464 lower total tax burden than Sun prairie, 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.