Tax Comparison: Winslow, AR vs Commerce city, CO
Understanding Your Tax Burden
This page compares the three main types of taxes between Winslow, AR and Commerce city, CO: 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
Winslow, AR
$2,309
Based on a $419,200 home
Rate: 0.5508%
Commerce city, CO
$2,533
Based on a $419,200 home
Rate: 0.6043%
Data | Winslow, AR | Commerce city, CO |
---|---|---|
Effective Property Tax Rate | 0.5508% | 0.6043% |
Estimated Property Tax | $2,309 | $2,533 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Winslow, AR are $224 lower than in Commerce city, CO 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
CO
4.4%
Single: $4,400
Married: $7,920
Data | AR | CO |
---|---|---|
Tax Rate | 2%-4.4% | 4.4% |
Single Filer ($100k) | $3,625 | $4,400 |
Married Couple ($200k) | $6,525 | $7,920 |
Median Income ($80.6k) | $3,145 | $3,547 |
Comparison: Income taxes in AR are $402 lower than in CO 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
Winslow, AR
12.625%
Combined rate
Annual sales tax: $1956
(Based on $15,500 spending)
Commerce city, CO
11.200%
Combined rate
Annual sales tax: $1736
(Based on $15,500 spending)
Data | Winslow, AR | Commerce city, CO |
---|---|---|
State Sales Tax | 6.50% | 2.90% |
Combined Sales Tax | 12.625% | 11.200% |
Annual Tax Amount | $1,956 | $1,736 |
Comparison: Shopping in Commerce city, CO costs $220 less in annual sales tax than in Winslow, AR for the average household.
Tax Comparison Insights
Tax Insights: Winslow vs Commerce city
- Property Tax: Winslow has a 0.0535 percentage points lower effective property tax rate than Commerce city.
- Income Tax: Living in AR could save you approximately $402 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Commerce city is 1.43 percentage points lower than in Winslow.
Overall Tax Burden Comparison
Winslow, AR
$7,409
Combined annual tax burden
Property
$2,309
Income
$3,145
Sales
$1,956
Commerce city, CO
$7,816
Combined annual tax burden
Property
$2,533
Income
$3,547
Sales
$1,736
Overall Comparison: Winslow, AR has an estimated $407 lower total tax burden than Commerce city, CO 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.