Illinois vs Arkansas Taxes: Income, Property & Sales

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

Illinois vs Arkansas Income Tax Comparison

	Illinois	Arkansas
Income Tax Rates & Thresholds	4.95%	2.00%: $0-$4,300 4.00%: $4,300-$8,500 4.90%: $8,501+
Median Income	$78,020	$53,980
Income Tax Paid On Median Household Income	$13,677	$7,352
Income After Tax Based on Median Household Income	$64,343	$46,628

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Illinois vs Arkansas Property Tax Comparison

	Illinois	Arkansas
Average Property Tax Rate	1.78%	0.53%
Average House Price By State	$254,128	$199,284
Average Property Tax Owed Per Year	$4,523	$1,056
Income After Income Taxes & Property Taxes Based On Median State Household Income	$59,820	$45,572

Illinois vs Arkansas Sales Tax Comparison

	Illinois	Arkansas
Average State Sales Tax	6.25%	6.50%
Average Local Sales Tax Across the State	2.56%	2.97%
Average Combined Sales Tax Rate	8.81%	9.47%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,843	$3,942
Maximum Disposable Income Based on Median Household Income	$54,976	$41,629

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

	Illinois	Arkansas
Income Tax Owed	$4,903	$4,906
After Tax Income	$35,097	$35,094
Income After Income & Property Tax	$30,574	$34,038
Maximum Disposable Income After Income, Property & Sales Taxes	$28,098	$31,093

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

	Illinois	Arkansas
Income Tax Owed	$8,820	$8,933
After Tax Income	$51,180	$51,067
Income After Income & Property Tax	$46,657	$50,011
Maximum Disposable Income After Income, Property & Sales Taxes	$42,879	$45,684

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

	Illinois	Arkansas
Income Tax Owed	$14,210	$14,433
After Tax Income	$65,790	$65,567
Income After Income & Property Tax	$61,267	$64,511
Maximum Disposable Income After Income, Property & Sales Taxes	$56,306	$58,930

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

	Illinois	Arkansas
Income Tax Owed	$19,600	$19,933
After Tax Income	$80,400	$80,067
Income After Income & Property Tax	$75,877	$79,011
Maximum Disposable Income After Income, Property & Sales Taxes	$69,733	$72,176

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

	Illinois	Arkansas
Income Tax Owed	$13,196	$13,525
After Tax Income	$86,804	$86,475
Income After Income & Property Tax	$82,281	$85,419
Maximum Disposable Income After Income, Property & Sales Taxes	$75,619	$78,029

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

	Illinois	Arkansas
Income Tax Owed	$25,726	$26,330
After Tax Income	$124,274	$123,670
Income After Income & Property Tax	$119,751	$122,614
Maximum Disposable Income After Income, Property & Sales Taxes	$110,055	$112,007

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

	Illinois	Arkansas
Income Tax Owed	$39,201	$40,080
After Tax Income	$160,799	$159,920
Income After Income & Property Tax	$156,276	$158,864
Maximum Disposable Income After Income, Property & Sales Taxes	$143,622	$145,121

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

	Illinois	Arkansas
Income Tax Owed	$53,595	$54,749
After Tax Income	$196,405	$195,251
Income After Income & Property Tax	$191,882	$194,195
Maximum Disposable Income After Income, Property & Sales Taxes	$176,345	$177,395

FAQ

Does Illinois or Arkansas have lower income taxes?

Illinois’s income tax falls into the following range: 4.95%

Whereas Arkansas’s income tax is the following

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

Does Illinois or Arkansas have lower property taxes?

Illinois has an average property tax rate of 1.78%

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

Does Illinois or Arkansas have lower sales taxes?

Illinois has a state sales tax rate of 6.25% and an average local rate of 2.56% for a combined total rate of 8.81%.

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 Illinois or Arkansas?

Based on median household income after income, property and sales taxes Illinois gives you a maximum amount of disposable income of $54,976

In comparison, Arkansas gives you $41,629.

More Comparisons:

Illinois vs Mississippi
Illinois vs Kansas
Illinois vs New Mexico
Illinois vs Nebraska
Illinois 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/