Tax Comparison: West islip, NY vs Maywood, IL
Understanding Your Tax Burden
This page compares the three main types of taxes between West islip, NY and Maywood, IL: 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 islip, NY
$7,771
Based on a $419,200 home
Rate: 1.8538%
Maywood, IL
$8,314
Based on a $419,200 home
Rate: 1.9833%
Data | West islip, NY | Maywood, IL |
---|---|---|
Effective Property Tax Rate | 1.8538% | 1.9833% |
Estimated Property Tax | $7,771 | $8,314 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in West islip, NY are $543 lower than in Maywood, 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
NY
4%-10.9%
Single: $5,436
Married: $9,785
IL
4.95%.
Single: $4,950
Married: $8,910
Data | NY | IL |
---|---|---|
Tax Rate | 4%-10.9% | 4.95%. |
Single Filer ($100k) | $5,436 | $4,950 |
Married Couple ($200k) | $9,785 | $8,910 |
Median Income ($80.6k) | $4,837 | $3,989 |
Comparison: Income taxes in IL are $848 lower than in NY 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 islip, NY
8.875%
Combined rate
Annual sales tax: $1375
(Based on $15,500 spending)
Maywood, IL
11.000%
Combined rate
Annual sales tax: $1705
(Based on $15,500 spending)
Data | West islip, NY | Maywood, IL |
---|---|---|
State Sales Tax | 4.00% | 6.25% |
Combined Sales Tax | 8.875% | 11.000% |
Annual Tax Amount | $1,375 | $1,705 |
Comparison: Shopping in West islip, NY costs $330 less in annual sales tax than in Maywood, IL for the average household.
Tax Comparison Insights
Tax Insights: West islip vs Maywood
- Property Tax: West islip has a 0.1295 percentage points lower effective property tax rate than Maywood.
- Income Tax: Living in IL could save you approximately $848 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in West islip is 2.13 percentage points lower than in Maywood.
Overall Tax Burden Comparison
West islip, NY
$13,983
Combined annual tax burden
Property
$7,771
Income
$4,837
Sales
$1,375
Maywood, IL
$14,007
Combined annual tax burden
Property
$8,314
Income
$3,989
Sales
$1,705
Overall Comparison: West islip, NY has an estimated $24 lower total tax burden than Maywood, 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.