Does Arizona or Minnesota have lower taxes? We answer that in a variety of ways below:
Arizona vs Minnesota Income Tax Comparison
Arizona | Minnesota | |
Income Tax Rates & Thresholds |
|
|
Median Income | $73,450 | $90,390 |
Income Tax Paid On Median Household Income | $10,779 | $17,516 |
Income After Tax Based on Median Household Income | $62,671 | $72,874 |
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Arizona vs Minnesota Property Tax Comparison
Arizona | Minnesota | |
Average Property Tax Rate | 0.39% | 0.90% |
Average House Price By State | $429,910 | $336,279 |
Average Property Tax Owed Per Year | $1,677 | $3,027 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $60,994 | $69,847 |
Arizona vs Minnesota Sales Tax Comparison
Arizona | Minnesota | |
Average State Sales Tax | 5.60% | 6.88% |
Average Local Sales Tax Across the State | 2.80% | 0.61% |
Average Combined Sales Tax Rate | 8.40% | 7.49% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,726 | $4,867 |
Maximum Disposable Income Based on Median Household Income | $56,268 | $64,980 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Arizona | Minnesota | |
Income Tax Owed | $3,741 | $4,490 |
After Tax Income | $36,259 | $35,510 |
Income After Income & Property Tax | $34,582 | $32,483 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,903 | $30,220 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Arizona | Minnesota | |
Income Tax Owed | $7,331 | $8,763 |
After Tax Income | $52,669 | $51,237 |
Income After Income & Property Tax | $50,992 | $48,210 |
Maximum Disposable Income After Income, Property & Sales Taxes | $47,041 | $44,851 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Arizona | Minnesota | |
Income Tax Owed | $12,494 | $14,523 |
After Tax Income | $67,506 | $65,477 |
Income After Income & Property Tax | $65,829 | $62,450 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,728 | $58,099 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Arizona | Minnesota | |
Income Tax Owed | $17,728 | $20,283 |
After Tax Income | $82,272 | $79,717 |
Income After Income & Property Tax | $80,595 | $76,690 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,350 | $71,347 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Arizona | Minnesota | |
Income Tax Owed | $10,539 | $12,931 |
After Tax Income | $89,461 | $87,069 |
Income After Income & Property Tax | $87,784 | $84,042 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,982 | $78,186 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Arizona | Minnesota | |
Income Tax Owed | $22,370 | $26,386 |
After Tax Income | $127,630 | $123,614 |
Income After Income & Property Tax | $125,953 | $120,587 |
Maximum Disposable Income After Income, Property & Sales Taxes | $116,193 | $112,185 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Arizona | Minnesota | |
Income Tax Owed | $35,455 | $40,903 |
After Tax Income | $164,545 | $159,097 |
Income After Income & Property Tax | $162,868 | $156,070 |
Maximum Disposable Income After Income, Property & Sales Taxes | $150,248 | $145,195 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Arizona | Minnesota | |
Income Tax Owed | $49,459 | $56,747 |
After Tax Income | $200,541 | $193,253 |
Income After Income & Property Tax | $198,864 | $190,226 |
Maximum Disposable Income After Income, Property & Sales Taxes | $183,454 | $176,971 |
FAQ
Does Arizona or Minnesota have lower income taxes?
Arizona’s income tax falls into the following range:
- 2.55%: $0-$28,653
- 2.98%: $28,654+
Whereas Minnesota’s income tax is the following
- 5.35%: $0-$28,080
- 6.80%: $28,081-$92,230
- 7.85%: $92,231-$171,220
- 9.85%: $171,221+
Does Arizona or Minnesota have lower property taxes?
Arizona has an average property tax rate of 0.39%
In comparison, Minnesota has an average property tax rate of 0.90%
Does Arizona or Minnesota have lower sales taxes?
Arizona has a state sales tax rate of 5.60% and an average local rate of 2.80% for a combined total rate of 8.40%.
In contrast, Minnesota has a state sales tax rate of 6.88% and an average local rate of 0.61% for a combined total rate of 7.49%.
Do you get to keep more money in Arizona or Minnesota?
Based on median household income after income, property and sales taxes Arizona gives you a maximum amount of disposable income of $56,268
In comparison, Minnesota gives you $64,980.
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