Tax Comparison: West covina, CA vs Sneads ferry, NC
Understanding Your Tax Burden
This page compares the three main types of taxes between West covina, CA and Sneads ferry, 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
West covina, CA
$2,910
Based on a $419,200 home
Rate: 0.6942%
Sneads ferry, NC
$2,733
Based on a $419,200 home
Rate: 0.6519%
Data | West covina, CA | Sneads ferry, NC |
---|---|---|
Effective Property Tax Rate | 0.6942% | 0.6519% |
Estimated Property Tax | $2,910 | $2,733 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Sneads ferry, NC are $177 lower than in West covina, CA 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
CA
1%-13.3%
Single: $865
Married: $1,557
NC
4.5%
Single: $4,250
Married: $7,650
Data | CA | NC |
---|---|---|
Tax Rate | 1%-13.3% | 4.5% |
Single Filer ($100k) | $865 | $4,250 |
Married Couple ($200k) | $1,557 | $7,650 |
Median Income ($80.6k) | $4,837 | $3,424 |
Comparison: Income taxes in NC are $1,413 lower than in CA 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
West covina, CA
12.000%
Combined rate
Annual sales tax: $1860
(Based on $15,500 spending)
Sneads ferry, NC
7.500%
Combined rate
Annual sales tax: $1162
(Based on $15,500 spending)
Data | West covina, CA | Sneads ferry, NC |
---|---|---|
State Sales Tax | 7.25% | 4.75% |
Combined Sales Tax | 12.000% | 7.500% |
Annual Tax Amount | $1,860 | $1,162 |
Comparison: Shopping in Sneads ferry, NC costs $698 less in annual sales tax than in West covina, CA for the average household.
Tax Comparison Insights
Tax Insights: West covina vs Sneads ferry
- Property Tax: Sneads ferry has a 0.0423 percentage points lower effective property tax rate than West covina.
- Income Tax: Living in NC could save you approximately $1,413 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Sneads ferry is 4.50 percentage points lower than in West covina.
Overall Tax Burden Comparison
West covina, CA
$9,607
Combined annual tax burden
Property
$2,910
Income
$4,837
Sales
$1,860
Sneads ferry, NC
$7,318
Combined annual tax burden
Property
$2,733
Income
$3,424
Sales
$1,162
Overall Comparison: Sneads ferry, NC has an estimated $2,289 lower total tax burden than West covina, CA 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.