Tax Comparison: Union springs, AL vs Kings mountain, NC
Understanding Your Tax Burden
This page compares the three main types of taxes between Union springs, AL and Kings mountain, NC: 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
Union springs, AL
$1,632
Based on a $419,200 home
Rate: 0.3892%
Kings mountain, NC
$2,885
Based on a $419,200 home
Rate: 0.6881%
Data | Union springs, AL | Kings mountain, NC |
---|---|---|
Effective Property Tax Rate | 0.3892% | 0.6881% |
Estimated Property Tax | $1,632 | $2,885 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Union springs, AL are $1,253 lower than in Kings mountain, NC 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
AL
2%-5%
Single: $4,670
Married: $8,406
NC
4.5%
Single: $4,250
Married: $7,650
Data | AL | NC |
---|---|---|
Tax Rate | 2%-5% | 4.5% |
Single Filer ($100k) | $4,670 | $4,250 |
Married Couple ($200k) | $8,406 | $7,650 |
Median Income ($80.6k) | $4,030 | $3,424 |
Comparison: Income taxes in NC are $606 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
Union springs, AL
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
Kings mountain, NC
7.500%
Combined rate
Annual sales tax: $1162
(Based on $15,500 spending)
Data | Union springs, AL | Kings mountain, NC |
---|---|---|
State Sales Tax | 4.00% | 4.75% |
Combined Sales Tax | 12.000% | 7.500% |
Annual Tax Amount | $1,860 | $1,162 |
Comparison: Shopping in Kings mountain, NC costs $698 less in annual sales tax than in Union springs, AL for the average household.
Tax Comparison Insights
Tax Insights: Union springs vs Kings mountain
- Property Tax: Union springs has a 0.2989 percentage points lower effective property tax rate than Kings mountain.
- Income Tax: Living in NC could save you approximately $606 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Kings mountain is 4.50 percentage points lower than in Union springs.
Overall Tax Burden Comparison
Union springs, AL
$7,521
Combined annual tax burden
Property
$1,632
Income
$4,030
Sales
$1,860
Kings mountain, NC
$7,470
Combined annual tax burden
Property
$2,885
Income
$3,424
Sales
$1,162
Overall Comparison: Kings mountain, NC has an estimated $51 lower total tax burden than Union springs, AL 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.