Florida vs Wisconsin Taxes: Income, Property & Sales

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

Florida vs Wisconsin Income Tax Comparison

	Florida	Wisconsin
Income Tax Rates & Thresholds	None	3.54%: $0-$12,760 4.65%: $12,761-$25,520 5.30%: $25,521-$280,950 7.65%: $280,951+
Median Income	$65,370	$73,330
Income Tax Paid On Median Household Income	$7,149	$11,817
Income After Tax Based on Median Household Income	$58,221	$61,513

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Florida vs Wisconsin Property Tax Comparison

	Florida	Wisconsin
Average Property Tax Rate	0.67%	1.15%
Average House Price By State	$406,896	$288,596
Average Property Tax Owed Per Year	$2,726	$3,319
Income After Income Taxes & Property Taxes Based On Median State Household Income	$55,495	$58,194

Florida vs Wisconsin Sales Tax Comparison

	Florida	Wisconsin
Average State Sales Tax	6.00%	5.00%
Average Local Sales Tax Across the State	1.01%	0.43%
Average Combined Sales Tax Rate	7.01%	5.43%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,635	$2,997
Maximum Disposable Income Based on Median Household Income	$51,859	$55,197

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

	Florida	Wisconsin
Income Tax Owed	$3,040	$4,191
After Tax Income	$36,960	$35,809
Income After Income & Property Tax	$34,234	$32,490
Maximum Disposable Income After Income, Property & Sales Taxes	$31,991	$30,817

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

	Florida	Wisconsin
Income Tax Owed	$5,968	$8,178
After Tax Income	$54,032	$51,822
Income After Income & Property Tax	$51,306	$48,503
Maximum Disposable Income After Income, Property & Sales Taxes	$47,945	$46,005

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

	Florida	Wisconsin
Income Tax Owed	$10,368	$13,638
After Tax Income	$69,632	$66,362
Income After Income & Property Tax	$66,906	$63,043
Maximum Disposable Income After Income, Property & Sales Taxes	$62,523	$59,796

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

	Florida	Wisconsin
Income Tax Owed	$14,768	$19,098
After Tax Income	$85,232	$80,902
Income After Income & Property Tax	$82,506	$77,583
Maximum Disposable Income After Income, Property & Sales Taxes	$77,101	$73,587

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

	Florida	Wisconsin
Income Tax Owed	$8,481	$12,140
After Tax Income	$91,519	$87,860
Income After Income & Property Tax	$88,793	$84,541
Maximum Disposable Income After Income, Property & Sales Taxes	$82,976	$80,187

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

	Florida	Wisconsin
Income Tax Owed	$18,536	$24,845
After Tax Income	$131,464	$125,155
Income After Income & Property Tax	$128,738	$121,836
Maximum Disposable Income After Income, Property & Sales Taxes	$120,304	$115,561

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

	Florida	Wisconsin
Income Tax Owed	$29,536	$38,495
After Tax Income	$170,464	$161,505
Income After Income & Property Tax	$167,738	$158,186
Maximum Disposable Income After Income, Property & Sales Taxes	$156,750	$150,039

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

	Florida	Wisconsin
Income Tax Owed	$41,455	$53,064
After Tax Income	$208,545	$196,936
Income After Income & Property Tax	$205,819	$193,617
Maximum Disposable Income After Income, Property & Sales Taxes	$192,336	$183,645

FAQ

Does Florida or Wisconsin have lower income taxes?

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

Whereas Wisconsin’s income tax is the following

• 3.54%: $0-$12,760
• 4.65%: $12,761-$25,520
• 5.30%: $25,521-$280,950
• 7.65%: $280,951+

Does Florida or Wisconsin have lower property taxes?

Florida has an average property tax rate of 0.67%

In comparison, Wisconsin has an average property tax rate of 1.15%

Does Florida or Wisconsin 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, Wisconsin has a state sales tax rate of 5.00% and an average local rate of 0.43% for a combined total rate of 5.43%.

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

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, Wisconsin gives you $55,197.

More Comparisons:

Florida vs Colorado
Florida vs Minnesota
Florida vs South Carolina
Florida vs Alabama
Florida vs Louisiana

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/