Does Florida or Rhode Island have lower taxes? We answer that in a variety of ways below:
Florida vs Rhode Island Income Tax Comparison
Florida | Rhode Island | |
Income Tax Rates & Thresholds | None |
|
Median Income | $65,370 | $80,650 |
Income Tax Paid On Median Household Income | $7,149 | $13,023 |
Income After Tax Based on Median Household Income | $58,221 | $67,627 |
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Florida vs Rhode Island Property Tax Comparison
Florida | Rhode Island | |
Average Property Tax Rate | 0.67% | 1.01% |
Average House Price By State | $406,896 | $442,945 |
Average Property Tax Owed Per Year | $2,726 | $4,474 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $55,495 | $63,153 |
Florida vs Rhode Island Sales Tax Comparison
Florida | Rhode Island | |
Average State Sales Tax | 6.00% | 7.00% |
Average Local Sales Tax Across the State | 1.01% | 0.00% |
Average Combined Sales Tax Rate | 7.01% | 7.00% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,635 | $4,132 |
Maximum Disposable Income Based on Median Household Income | $51,859 | $59,022 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Florida | Rhode Island | |
Income Tax Owed | $3,040 | $4,029 |
After Tax Income | $36,960 | $35,971 |
Income After Income & Property Tax | $34,234 | $31,497 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,991 | $29,437 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Florida | Rhode Island | |
Income Tax Owed | $5,968 | $7,706 |
After Tax Income | $54,032 | $52,294 |
Income After Income & Property Tax | $51,306 | $47,820 |
Maximum Disposable Income After Income, Property & Sales Taxes | $47,945 | $44,692 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Florida | Rhode Island | |
Income Tax Owed | $10,368 | $12,856 |
After Tax Income | $69,632 | $67,144 |
Income After Income & Property Tax | $66,906 | $62,670 |
Maximum Disposable Income After Income, Property & Sales Taxes | $62,523 | $58,570 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Florida | Rhode Island | |
Income Tax Owed | $14,768 | $18,187 |
After Tax Income | $85,232 | $81,813 |
Income After Income & Property Tax | $82,506 | $77,339 |
Maximum Disposable Income After Income, Property & Sales Taxes | $77,101 | $72,280 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Florida | Rhode Island | |
Income Tax Owed | $8,481 | $11,252 |
After Tax Income | $91,519 | $88,748 |
Income After Income & Property Tax | $88,793 | $84,274 |
Maximum Disposable Income After Income, Property & Sales Taxes | $82,976 | $78,761 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Florida | Rhode Island | |
Income Tax Owed | $18,536 | $23,682 |
After Tax Income | $131,464 | $126,318 |
Income After Income & Property Tax | $128,738 | $121,844 |
Maximum Disposable Income After Income, Property & Sales Taxes | $120,304 | $113,873 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Florida | Rhode Island | |
Income Tax Owed | $29,536 | $37,276 |
After Tax Income | $170,464 | $162,724 |
Income After Income & Property Tax | $167,738 | $158,250 |
Maximum Disposable Income After Income, Property & Sales Taxes | $156,750 | $147,897 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Florida | Rhode Island | |
Income Tax Owed | $41,455 | $52,190 |
After Tax Income | $208,545 | $197,810 |
Income After Income & Property Tax | $205,819 | $193,336 |
Maximum Disposable Income After Income, Property & Sales Taxes | $192,336 | $180,688 |
FAQ
Does Florida or Rhode Island have lower income taxes?
Florida’s income tax falls into the following range: None
Whereas Rhode Island’s income tax is the following
- 3.75%: $0-$68,200
- 4.75%: $68,201-$155,050
- 5.99%: $155,051+
Does Florida or Rhode Island have lower property taxes?
Florida has an average property tax rate of 0.67%
In comparison, Rhode Island has an average property tax rate of 1.01%
Does Florida or Rhode Island 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, Rhode Island has a state sales tax rate of 7.00% and an average local rate of 0.00% for a combined total rate of 7.00%.
Do you get to keep more money in Florida or Rhode Island?
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, Rhode Island gives you $59,022.
More Comparisons:
Florida vs Delaware
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