Idaho vs Wyoming Taxes: Income, Property & Sales

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

Idaho vs Wyoming Income Tax Comparison

	Idaho	Wyoming
Income Tax Rates & Thresholds	1.00%: $0-$1,662 3.00%: $1,663-$4,987 4.50%: $4,988-$8,311 6.00%: $8,312+	None
Median Income	$72,580	$73,090
Income Tax Paid On Median Household Income	$13,701	$8,848
Income After Tax Based on Median Household Income	$58,879	$64,242

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Idaho vs Wyoming Property Tax Comparison

	Idaho	Wyoming
Average Property Tax Rate	0.46%	0.64%
Average House Price By State	$443,638	$337,102
Average Property Tax Owed Per Year	$2,041	$2,157
Income After Income Taxes & Property Taxes Based On Median State Household Income	$56,838	$62,085

Idaho vs Wyoming Sales Tax Comparison

	Idaho	Wyoming
Average State Sales Tax	6.00%	4.00%
Average Local Sales Tax Across the State	0.02%	1.22%
Average Combined Sales Tax Rate	6.02%	5.22%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,227	$3,080
Maximum Disposable Income Based on Median Household Income	$53,611	$59,005

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

	Idaho	Wyoming
Income Tax Owed	$4,441	$3,040
After Tax Income	$35,559	$36,960
Income After Income & Property Tax	$33,518	$34,803
Maximum Disposable Income After Income, Property & Sales Taxes	$31,615	$33,076

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

	Idaho	Wyoming
Income Tax Owed	$8,568	$5,968
After Tax Income	$51,432	$54,032
Income After Income & Property Tax	$49,391	$51,875
Maximum Disposable Income After Income, Property & Sales Taxes	$46,587	$49,301

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

	Idaho	Wyoming
Income Tax Owed	$14,168	$10,368
After Tax Income	$65,832	$69,632
Income After Income & Property Tax	$63,791	$67,475
Maximum Disposable Income After Income, Property & Sales Taxes	$60,169	$64,127

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

	Idaho	Wyoming
Income Tax Owed	$19,768	$14,768
After Tax Income	$80,232	$85,232
Income After Income & Property Tax	$78,191	$83,075
Maximum Disposable Income After Income, Property & Sales Taxes	$73,751	$78,953

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

	Idaho	Wyoming
Income Tax Owed	$12,482	$8,481
After Tax Income	$87,518	$91,519
Income After Income & Property Tax	$85,477	$89,362
Maximum Disposable Income After Income, Property & Sales Taxes	$80,624	$84,928

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

	Idaho	Wyoming
Income Tax Owed	$25,537	$18,536
After Tax Income	$124,463	$131,464
Income After Income & Property Tax	$122,422	$129,307
Maximum Disposable Income After Income, Property & Sales Taxes	$115,471	$122,892

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

	Idaho	Wyoming
Income Tax Owed	$39,537	$29,536
After Tax Income	$160,463	$170,464
Income After Income & Property Tax	$158,422	$168,307
Maximum Disposable Income After Income, Property & Sales Taxes	$149,427	$159,957

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

	Idaho	Wyoming
Income Tax Owed	$54,456	$41,455
After Tax Income	$195,544	$208,545
Income After Income & Property Tax	$193,503	$206,388
Maximum Disposable Income After Income, Property & Sales Taxes	$182,516	$196,149

FAQ

Does Idaho or Wyoming have lower income taxes?

Idaho’s income tax falls into the following range:

• 1.00%: $0-$1,662
• 3.00%: $1,663-$4,987
• 4.50%: $4,988-$8,311
• 6.00%: $8,312+

Whereas Wyoming’s income tax is the following None

Does Idaho or Wyoming have lower property taxes?

Idaho has an average property tax rate of 0.46%

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

Does Idaho or Wyoming have lower sales taxes?

Idaho has a state sales tax rate of 6.00% and an average local rate of 0.02% for a combined total rate of 6.02%.

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 Idaho or Wyoming?

Based on median household income after income, property and sales taxes Idaho gives you a maximum amount of disposable income of $53,611

In comparison, Wyoming gives you $59,005.

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West Virginia vs Maine
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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/