Arkansas vs Wyoming Taxes: Income, Property & Sales

Does Arkansas or Wyoming have lower taxes? We answer that in a variety of ways below:

Arkansas vs Wyoming Income Tax Comparison

	Arkansas	Wyoming
Income Tax Rates & Thresholds	2.00%: $0-$4,300 4.00%: $4,300-$8,500 4.90%: $8,501+	None
Median Income	$53,980	$73,090
Income Tax Paid On Median Household Income	$7,352	$8,848
Income After Tax Based on Median Household Income	$46,628	$64,242

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Arkansas vs Wyoming Property Tax Comparison

	Arkansas	Wyoming
Average Property Tax Rate	0.53%	0.64%
Average House Price By State	$199,284	$337,102
Average Property Tax Owed Per Year	$1,056	$2,157
Income After Income Taxes & Property Taxes Based On Median State Household Income	$45,572	$62,085

Arkansas vs Wyoming Sales Tax Comparison

	Arkansas	Wyoming
Average State Sales Tax	6.50%	4.00%
Average Local Sales Tax Across the State	2.97%	1.22%
Average Combined Sales Tax Rate	9.47%	5.22%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,942	$3,080
Maximum Disposable Income Based on Median Household Income	$41,629	$59,005

After Tax Comparison Earning $40,000 Per Year Filing As Single

	Arkansas	Wyoming
Income Tax Owed	$4,906	$3,040
After Tax Income	$35,094	$36,960
Income After Income & Property Tax	$34,038	$34,803
Maximum Disposable Income After Income, Property & Sales Taxes	$31,093	$33,076

After Tax Comparison Earning $60,000 Per Year Filing As Single

	Arkansas	Wyoming
Income Tax Owed	$8,933	$5,968
After Tax Income	$51,067	$54,032
Income After Income & Property Tax	$50,011	$51,875
Maximum Disposable Income After Income, Property & Sales Taxes	$45,684	$49,301

After Tax Comparison Earning $80,000 Per Year Filing As Single

	Arkansas	Wyoming
Income Tax Owed	$14,433	$10,368
After Tax Income	$65,567	$69,632
Income After Income & Property Tax	$64,511	$67,475
Maximum Disposable Income After Income, Property & Sales Taxes	$58,930	$64,127

After Tax Comparison Earning $100,000 Per Year Filing As Single

	Arkansas	Wyoming
Income Tax Owed	$19,933	$14,768
After Tax Income	$80,067	$85,232
Income After Income & Property Tax	$79,011	$83,075
Maximum Disposable Income After Income, Property & Sales Taxes	$72,176	$78,953

After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly

	Arkansas	Wyoming
Income Tax Owed	$13,525	$8,481
After Tax Income	$86,475	$91,519
Income After Income & Property Tax	$85,419	$89,362
Maximum Disposable Income After Income, Property & Sales Taxes	$78,029	$84,928

After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly

	Arkansas	Wyoming
Income Tax Owed	$26,330	$18,536
After Tax Income	$123,670	$131,464
Income After Income & Property Tax	$122,614	$129,307
Maximum Disposable Income After Income, Property & Sales Taxes	$112,007	$122,892

After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly

	Arkansas	Wyoming
Income Tax Owed	$40,080	$29,536
After Tax Income	$159,920	$170,464
Income After Income & Property Tax	$158,864	$168,307
Maximum Disposable Income After Income, Property & Sales Taxes	$145,121	$159,957

After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly

	Arkansas	Wyoming
Income Tax Owed	$54,749	$41,455
After Tax Income	$195,251	$208,545
Income After Income & Property Tax	$194,195	$206,388
Maximum Disposable Income After Income, Property & Sales Taxes	$177,395	$196,149

FAQ

Does Arkansas or Wyoming have lower income taxes?

Arkansas’s income tax falls into the following range:

• 2.00%: $0-$4,300
• 4.00%: $4,300-$8,500
• 4.90%: $8,501+

Whereas Wyoming’s income tax is the following None

Does Arkansas or Wyoming have lower property taxes?

Arkansas has an average property tax rate of 0.53%

In comparison, Wyoming has an average property tax rate of 0.64%

Does Arkansas or Wyoming have lower sales taxes?

Arkansas has a state sales tax rate of 6.50% and an average local rate of 2.97% for a combined total rate of 9.47%.

In contrast, Wyoming has a state sales tax rate of 4.00% and an average local rate of 1.22% for a combined total rate of 5.22%.

Do you get to keep more money in Arkansas or Wyoming?

Based on median household income after income, property and sales taxes Arkansas gives you a maximum amount of disposable income of $41,629

In comparison, Wyoming gives you $59,005.

More Comparisons:

Mississippi vs Kansas
Mississippi vs New Mexico
Mississippi vs Nebraska
Mississippi vs Idaho
Mississippi vs West Virginia

Sources:

https://en.wikipedia.org/wiki/State_income_tax#Rates_by_jurisdiction

https://www.bankrate.com/real-estate/property-tax-by-state/#by-state

https://fred.stlouisfed.org/release/tables?eid=259515&rid=249

https://www.fool.com/the-ascent/research/average-house-price-state/

https://taxfoundation.org/data/all/state/2022-sales-taxes/

https://www.forbes.com/advisor/income-tax-calculator/