Tax Comparison: Westerly, RI vs Underwood, ND
Understanding Your Tax Burden
This page compares the three main types of taxes between Westerly, RI and Underwood, ND: 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
Westerly, RI
$4,420
Based on a $419,200 home
Rate: 1.0545%
Underwood, ND
$3,144
Based on a $419,200 home
Rate: 0.7499%
| Data | Westerly, RI | Underwood, ND |
|---|---|---|
| Effective Property Tax Rate | 1.0545% | 0.7499% |
| Estimated Property Tax | $4,420 | $3,144 |
| Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Underwood, ND are $1,277 lower than in Westerly, RI 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
RI
3.75%-5.99%
Single: $4,347
Married: $7,825
ND
1.95%-2.5%
Single: $1,887
Married: $3,397
| Data | RI | ND |
|---|---|---|
| Tax Rate | 3.75%-5.99% | 1.95%-2.5% |
| Single Filer ($100k) | $4,347 | $1,887 |
| Married Couple ($200k) | $7,825 | $3,397 |
| Median Income ($80.6k) | $3,829 | $2,015 |
Comparison: Income taxes in ND are $1,814 lower than in RI 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
Westerly, RI
7.000%
Combined rate
Annual sales tax: $1085
(Based on $15,500 spending)
Underwood, ND
8.500%
Combined rate
Annual sales tax: $1317
(Based on $15,500 spending)
| Data | Westerly, RI | Underwood, ND |
|---|---|---|
| State Sales Tax | 7.00% | 5.00% |
| Combined Sales Tax | 7.000% | 8.500% |
| Annual Tax Amount | $1,085 | $1,317 |
Comparison: Shopping in Westerly, RI costs $232 less in annual sales tax than in Underwood, ND for the average household.
Tax Comparison Insights
Tax Insights: Westerly vs Underwood
- Property Tax: Underwood has a 0.3046 percentage points lower effective property tax rate than Westerly.
- Income Tax: Living in ND could save you approximately $1,814 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Westerly is 1.50 percentage points lower than in Underwood.
Overall Tax Burden Comparison
Westerly, RI
$9,334
Combined annual tax burden
Property
$4,420
Income
$3,829
Sales
$1,085
Underwood, ND
$6,475
Combined annual tax burden
Property
$3,144
Income
$2,015
Sales
$1,317
Overall Comparison: Underwood, ND has an estimated $2,859 lower total tax burden than Westerly, RI 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.