Tax Comparison: Tinley park, IL vs Blue springs, MO
Understanding Your Tax Burden
This page compares the three main types of taxes between Tinley park, IL and Blue springs, MO: 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
Tinley park, IL
$8,314
Based on a $419,200 home
Rate: 1.9833%
Blue springs, MO
$4,811
Based on a $419,200 home
Rate: 1.1477%
Data | Tinley park, IL | Blue springs, MO |
---|---|---|
Effective Property Tax Rate | 1.9833% | 1.1477% |
Estimated Property Tax | $8,314 | $4,811 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Blue springs, MO are $3,503 lower than in Tinley park, IL 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
IL
4.95%.
Single: $4,950
Married: $8,910
MO
2%-4.8%
Single: $4,620
Married: $8,316
Data | IL | MO |
---|---|---|
Tax Rate | 4.95%. | 2%-4.8% |
Single Filer ($100k) | $4,950 | $4,620 |
Married Couple ($200k) | $8,910 | $8,316 |
Median Income ($80.6k) | $3,989 | $3,789 |
Comparison: Income taxes in MO are $200 lower than in IL 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
Tinley park, IL
11.000%
Combined rate
Annual sales tax: $1705
(Based on $15,500 spending)
Blue springs, MO
10.100%
Combined rate
Annual sales tax: $1565
(Based on $15,500 spending)
Data | Tinley park, IL | Blue springs, MO |
---|---|---|
State Sales Tax | 6.25% | 4.23% |
Combined Sales Tax | 11.000% | 10.100% |
Annual Tax Amount | $1,705 | $1,565 |
Comparison: Shopping in Blue springs, MO costs $140 less in annual sales tax than in Tinley park, IL for the average household.
Tax Comparison Insights
Tax Insights: Tinley park vs Blue springs
- Property Tax: Blue springs has a 0.8356 percentage points lower effective property tax rate than Tinley park.
- Income Tax: Living in MO could save you approximately $200 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Blue springs is 0.90 percentage points lower than in Tinley park.
Overall Tax Burden Comparison
Tinley park, IL
$14,007
Combined annual tax burden
Property
$8,314
Income
$3,989
Sales
$1,705
Blue springs, MO
$10,165
Combined annual tax burden
Property
$4,811
Income
$3,789
Sales
$1,565
Overall Comparison: Blue springs, MO has an estimated $3,842 lower total tax burden than Tinley park, IL 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.