Tax Comparison: Washington, NC vs Saint marys, WV
Understanding Your Tax Burden
This page compares the three main types of taxes between Washington, NC and Saint marys, WV: 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
Washington, NC
Data not available
Saint marys, WV
$2,438
Based on a $419,200 home
Rate: 0.5816%
Data | Washington, NC | Saint marys, WV |
---|---|---|
Effective Property Tax Rate | Not available | 0.5816% |
Estimated Property Tax | Not available | $2,438 |
Home Value Used | $419,200 | $419,200 |
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
NC
4.5%
Single: $4,250
Married: $7,650
WV
2.36%-5.12%
Single: $4,921
Married: $8,858
Data | NC | WV |
---|---|---|
Tax Rate | 4.5% | 2.36%-5.12% |
Single Filer ($100k) | $4,250 | $4,921 |
Married Couple ($200k) | $7,650 | $8,858 |
Median Income ($80.6k) | $3,424 | $4,271 |
Comparison: Income taxes in NC are $847 lower than in WV 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
Washington, NC
7.500%
Combined rate
Annual sales tax: $1162
(Based on $15,500 spending)
Saint marys, WV
7.000%
Combined rate
Annual sales tax: $1085
(Based on $15,500 spending)
Data | Washington, NC | Saint marys, WV |
---|---|---|
State Sales Tax | 4.75% | 6.00% |
Combined Sales Tax | 7.500% | 7.000% |
Annual Tax Amount | $1,162 | $1,085 |
Comparison: Shopping in Saint marys, WV costs $77 less in annual sales tax than in Washington, NC for the average household.
Tax Comparison Insights
Tax Insights: Washington vs Saint marys
- Property Tax: Complete comparison data is not available.
- Income Tax: Living in NC could save you approximately $847 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Saint marys is 0.50 percentage points lower than in Washington.
Overall Tax Burden Comparison
Complete tax data is not available to calculate the total tax burden comparison.
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.