Tax Comparison: Tallulah, LA vs Howells, NE
Understanding Your Tax Burden
This page compares the three main types of taxes between Tallulah, LA and Howells, 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
Tallulah, LA
$962
Based on a $419,200 home
Rate: 0.2296%
Howells, NE
$5,247
Based on a $419,200 home
Rate: 1.2516%
Data | Tallulah, LA | Howells, NE |
---|---|---|
Effective Property Tax Rate | 0.2296% | 1.2516% |
Estimated Property Tax | $962 | $5,247 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Tallulah, LA are $4,284 lower than in Howells, 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
LA
1.85%-4.25%
Single: $4,067
Married: $7,321
NE
2.46%-5.84%
Single: $4,828
Married: $8,690
Data | LA | NE |
---|---|---|
Tax Rate | 1.85%-4.25% | 2.46%-5.84% |
Single Filer ($100k) | $4,067 | $4,828 |
Married Couple ($200k) | $7,321 | $8,690 |
Median Income ($80.6k) | $3,424 | $4,041 |
Comparison: Income taxes in LA are $617 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
Tallulah, LA
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
Howells, NE
7.500%
Combined rate
Annual sales tax: $1162
(Based on $15,500 spending)
Data | Tallulah, LA | Howells, NE |
---|---|---|
State Sales Tax | 5.00% | 5.50% |
Combined Sales Tax | 12.000% | 7.500% |
Annual Tax Amount | $1,860 | $1,162 |
Comparison: Shopping in Howells, NE costs $698 less in annual sales tax than in Tallulah, LA for the average household.
Tax Comparison Insights
Tax Insights: Tallulah vs Howells
- Property Tax: Tallulah has a 1.0220 percentage points lower effective property tax rate than Howells.
- Income Tax: Living in LA could save you approximately $617 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Howells is 4.50 percentage points lower than in Tallulah.
Overall Tax Burden Comparison
Tallulah, LA
$6,246
Combined annual tax burden
Property
$962
Income
$3,424
Sales
$1,860
Howells, NE
$10,449
Combined annual tax burden
Property
$5,247
Income
$4,041
Sales
$1,162
Overall Comparison: Tallulah, LA has an estimated $4,203 lower total tax burden than Howells, 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.