Tax Comparison: West plains, MO vs Luray, VA
Understanding Your Tax Burden
This page compares the three main types of taxes between West plains, MO and Luray, VA: 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 plains, MO
$2,322
Based on a $419,200 home
Rate: 0.5540%
Luray, VA
$2,814
Based on a $419,200 home
Rate: 0.6713%
Data | West plains, MO | Luray, VA |
---|---|---|
Effective Property Tax Rate | 0.5540% | 0.6713% |
Estimated Property Tax | $2,322 | $2,814 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in West plains, MO are $492 lower than in Luray, VA 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
MO
2%-4.8%
Single: $4,620
Married: $8,316
VA
2%-5.75%
Single: $5,060
Married: $9,108
Data | MO | VA |
---|---|---|
Tax Rate | 2%-4.8% | 2%-5.75% |
Single Filer ($100k) | $4,620 | $5,060 |
Married Couple ($200k) | $8,316 | $9,108 |
Median Income ($80.6k) | $3,789 | $4,636 |
Comparison: Income taxes in MO are $847 lower than in VA 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 plains, MO
10.100%
Combined rate
Annual sales tax: $1565
(Based on $15,500 spending)
Luray, VA
8.000%
Combined rate
Annual sales tax: $1240
(Based on $15,500 spending)
Data | West plains, MO | Luray, VA |
---|---|---|
State Sales Tax | 4.23% | 5.30% |
Combined Sales Tax | 10.100% | 8.000% |
Annual Tax Amount | $1,565 | $1,240 |
Comparison: Shopping in Luray, VA costs $325 less in annual sales tax than in West plains, MO for the average household.
Tax Comparison Insights
Tax Insights: West plains vs Luray
- Property Tax: West plains has a 0.1173 percentage points lower effective property tax rate than Luray.
- Income Tax: Living in MO could save you approximately $847 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Luray is 2.10 percentage points lower than in West plains.
Overall Tax Burden Comparison
West plains, MO
$7,676
Combined annual tax burden
Property
$2,322
Income
$3,789
Sales
$1,565
Luray, VA
$8,690
Combined annual tax burden
Property
$2,814
Income
$4,636
Sales
$1,240
Overall Comparison: West plains, MO has an estimated $1,014 lower total tax burden than Luray, VA 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.