Does Illinois or Connecticut have lower taxes? We answer that in a variety of ways below:
Illinois vs Connecticut Income Tax Comparison
Illinois | Connecticut | |
Income Tax Rates & Thresholds | 4.95% |
|
Median Income | $78,020 | $90,730 |
Income Tax Paid On Median Household Income | $13,677 | $16,444 |
Income After Tax Based on Median Household Income | $64,343 | $74,286 |
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Illinois vs Connecticut Property Tax Comparison
Illinois | Connecticut | |
Average Property Tax Rate | 1.78% | 1.57% |
Average House Price By State | $254,128 | $401,285 |
Average Property Tax Owed Per Year | $4,523 | $6,300 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $59,820 | $67,986 |
Illinois vs Connecticut Sales Tax Comparison
Illinois | Connecticut | |
Average State Sales Tax | 6.25% | 6.35% |
Average Local Sales Tax Across the State | 2.56% | 0.00% |
Average Combined Sales Tax Rate | 8.81% | 6.35% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,843 | $4,059 |
Maximum Disposable Income Based on Median Household Income | $54,976 | $63,926 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Illinois | Connecticut | |
Income Tax Owed | $4,903 | $4,090 |
After Tax Income | $35,097 | $35,910 |
Income After Income & Property Tax | $30,574 | $29,610 |
Maximum Disposable Income After Income, Property & Sales Taxes | $28,098 | $27,842 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Illinois | Connecticut | |
Income Tax Owed | $8,820 | $8,018 |
After Tax Income | $51,180 | $51,982 |
Income After Income & Property Tax | $46,657 | $45,682 |
Maximum Disposable Income After Income, Property & Sales Taxes | $42,879 | $42,954 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Illinois | Connecticut | |
Income Tax Owed | $14,210 | $13,493 |
After Tax Income | $65,790 | $66,507 |
Income After Income & Property Tax | $61,267 | $60,207 |
Maximum Disposable Income After Income, Property & Sales Taxes | $56,306 | $56,612 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Illinois | Connecticut | |
Income Tax Owed | $19,600 | $18,993 |
After Tax Income | $80,400 | $81,007 |
Income After Income & Property Tax | $75,877 | $74,707 |
Maximum Disposable Income After Income, Property & Sales Taxes | $69,733 | $70,246 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Illinois | Connecticut | |
Income Tax Owed | $13,196 | $11,881 |
After Tax Income | $86,804 | $88,119 |
Income After Income & Property Tax | $82,281 | $81,819 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,619 | $76,934 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Illinois | Connecticut | |
Income Tax Owed | $25,726 | $24,566 |
After Tax Income | $124,274 | $125,434 |
Income After Income & Property Tax | $119,751 | $119,134 |
Maximum Disposable Income After Income, Property & Sales Taxes | $110,055 | $112,021 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Illinois | Connecticut | |
Income Tax Owed | $39,201 | $38,316 |
After Tax Income | $160,799 | $161,684 |
Income After Income & Property Tax | $156,276 | $155,384 |
Maximum Disposable Income After Income, Property & Sales Taxes | $143,622 | $146,106 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Illinois | Connecticut | |
Income Tax Owed | $53,595 | $53,115 |
After Tax Income | $196,405 | $196,885 |
Income After Income & Property Tax | $191,882 | $190,585 |
Maximum Disposable Income After Income, Property & Sales Taxes | $176,345 | $179,205 |
FAQ
Does Illinois or Connecticut have lower income taxes?
Illinois’s income tax falls into the following range: 4.95%
Whereas Connecticut’s income tax is the following
- 3.00%: $0-$10,000
- 5.00%: $10,000-$50,000
- 5.50%: $50,001-$100,000
- 6.00%: $100,001-$200,000
- 6.50%: $200,001-$250,000
- 6.90%: $250,001-$500,000
- 6.99%: $500,001+
Does Illinois or Connecticut have lower property taxes?
Illinois has an average property tax rate of 1.78%
In comparison, Connecticut has an average property tax rate of 1.57%
Does Illinois or Connecticut 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, Connecticut has a state sales tax rate of 6.35% and an average local rate of 0.00% for a combined total rate of 6.35%.
Do you get to keep more money in Illinois or Connecticut?
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, Connecticut gives you $63,926.
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