Florida vs Arkansas Taxes: Income, Property & Sales

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

Florida vs Arkansas Income Tax Comparison

	Florida	Arkansas
Income Tax Rates & Thresholds	None	2.00%: $0-$4,300 4.00%: $4,300-$8,500 4.90%: $8,501+
Median Income	$65,370	$53,980
Income Tax Paid On Median Household Income	$7,149	$7,352
Income After Tax Based on Median Household Income	$58,221	$46,628

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Florida vs Arkansas Property Tax Comparison

	Florida	Arkansas
Average Property Tax Rate	0.67%	0.53%
Average House Price By State	$406,896	$199,284
Average Property Tax Owed Per Year	$2,726	$1,056
Income After Income Taxes & Property Taxes Based On Median State Household Income	$55,495	$45,572

Florida vs Arkansas Sales Tax Comparison

	Florida	Arkansas
Average State Sales Tax	6.00%	6.50%
Average Local Sales Tax Across the State	1.01%	2.97%
Average Combined Sales Tax Rate	7.01%	9.47%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,635	$3,942
Maximum Disposable Income Based on Median Household Income	$51,859	$41,629

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

	Florida	Arkansas
Income Tax Owed	$3,040	$4,906
After Tax Income	$36,960	$35,094
Income After Income & Property Tax	$34,234	$34,038
Maximum Disposable Income After Income, Property & Sales Taxes	$31,991	$31,093

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

	Florida	Arkansas
Income Tax Owed	$5,968	$8,933
After Tax Income	$54,032	$51,067
Income After Income & Property Tax	$51,306	$50,011
Maximum Disposable Income After Income, Property & Sales Taxes	$47,945	$45,684

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

	Florida	Arkansas
Income Tax Owed	$10,368	$14,433
After Tax Income	$69,632	$65,567
Income After Income & Property Tax	$66,906	$64,511
Maximum Disposable Income After Income, Property & Sales Taxes	$62,523	$58,930

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

	Florida	Arkansas
Income Tax Owed	$14,768	$19,933
After Tax Income	$85,232	$80,067
Income After Income & Property Tax	$82,506	$79,011
Maximum Disposable Income After Income, Property & Sales Taxes	$77,101	$72,176

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

	Florida	Arkansas
Income Tax Owed	$8,481	$13,525
After Tax Income	$91,519	$86,475
Income After Income & Property Tax	$88,793	$85,419
Maximum Disposable Income After Income, Property & Sales Taxes	$82,976	$78,029

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

	Florida	Arkansas
Income Tax Owed	$18,536	$26,330
After Tax Income	$131,464	$123,670
Income After Income & Property Tax	$128,738	$122,614
Maximum Disposable Income After Income, Property & Sales Taxes	$120,304	$112,007

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

	Florida	Arkansas
Income Tax Owed	$29,536	$40,080
After Tax Income	$170,464	$159,920
Income After Income & Property Tax	$167,738	$158,864
Maximum Disposable Income After Income, Property & Sales Taxes	$156,750	$145,121

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

	Florida	Arkansas
Income Tax Owed	$41,455	$54,749
After Tax Income	$208,545	$195,251
Income After Income & Property Tax	$205,819	$194,195
Maximum Disposable Income After Income, Property & Sales Taxes	$192,336	$177,395

FAQ

Does Florida or Arkansas have lower income taxes?

Florida’s income tax falls into the following range: None

Whereas Arkansas’s income tax is the following

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

Does Florida or Arkansas have lower property taxes?

Florida has an average property tax rate of 0.67%

In comparison, Arkansas has an average property tax rate of 0.53%

Does Florida or Arkansas have lower sales taxes?

Florida has a state sales tax rate of 6.00% and an average local rate of 1.01% for a combined total rate of 7.01%.

In contrast, 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%.

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

Based on median household income after income, property and sales taxes Florida gives you a maximum amount of disposable income of $51,859

In comparison, Arkansas gives you $41,629.

More Comparisons:

Florida vs Mississippi
Florida vs Kansas
Florida vs New Mexico
Florida vs Nebraska
Florida vs Idaho

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/