Tax Comparison: West helena, AR vs Bryantown, MD
Understanding Your Tax Burden
This page compares the three main types of taxes between West helena, AR and Bryantown, MD: 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 helena, AR
$2,751
Based on a $419,200 home
Rate: 0.6562%
Bryantown, MD
$4,355
Based on a $419,200 home
Rate: 1.0388%
Data | West helena, AR | Bryantown, MD |
---|---|---|
Effective Property Tax Rate | 0.6562% | 1.0388% |
Estimated Property Tax | $2,751 | $4,355 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in West helena, AR are $1,604 lower than in Bryantown, MD 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
AR
2%-4.4%
Single: $3,625
Married: $6,525
MD
2%-5.75%
Single: $4,581
Married: $8,246
Data | AR | MD |
---|---|---|
Tax Rate | 2%-4.4% | 2%-5.75% |
Single Filer ($100k) | $3,625 | $4,581 |
Married Couple ($200k) | $6,525 | $8,246 |
Median Income ($80.6k) | $3,145 | $3,829 |
Comparison: Income taxes in AR are $684 lower than in MD 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 helena, AR
12.625%
Combined rate
Annual sales tax: $1956
(Based on $15,500 spending)
Bryantown, MD
6.000%
Combined rate
Annual sales tax: $930
(Based on $15,500 spending)
Data | West helena, AR | Bryantown, MD |
---|---|---|
State Sales Tax | 6.50% | 6.00% |
Combined Sales Tax | 12.625% | 6.000% |
Annual Tax Amount | $1,956 | $930 |
Comparison: Shopping in Bryantown, MD costs $1,026 less in annual sales tax than in West helena, AR for the average household.
Tax Comparison Insights
Tax Insights: West helena vs Bryantown
- Property Tax: West helena has a 0.3826 percentage points lower effective property tax rate than Bryantown.
- Income Tax: Living in AR could save you approximately $684 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Bryantown is 6.63 percentage points lower than in West helena.
Overall Tax Burden Comparison
West helena, AR
$7,851
Combined annual tax burden
Property
$2,751
Income
$3,145
Sales
$1,956
Bryantown, MD
$9,113
Combined annual tax burden
Property
$4,355
Income
$3,829
Sales
$930
Overall Comparison: West helena, AR has an estimated $1,262 lower total tax burden than Bryantown, MD 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.