Does Illinois or Maryland have lower taxes? We answer that in a variety of ways below:
Illinois vs Maryland Income Tax Comparison
Illinois | Maryland | |
Income Tax Rates & Thresholds | 4.95% |
|
Median Income | $78,020 | $108,200 |
Income Tax Paid On Median Household Income | $13,677 | $21,525 |
Income After Tax Based on Median Household Income | $64,343 | $86,675 |
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Illinois vs Maryland Property Tax Comparison
Illinois | Maryland | |
Average Property Tax Rate | 1.78% | 0.76% |
Average House Price By State | $254,128 | $416,643 |
Average Property Tax Owed Per Year | $4,523 | $3,166 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $59,820 | $83,509 |
Illinois vs Maryland Sales Tax Comparison
Illinois | Maryland | |
Average State Sales Tax | 6.25% | 6.00% |
Average Local Sales Tax Across the State | 2.56% | 0.00% |
Average Combined Sales Tax Rate | 8.81% | 6.00% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,843 | $4,727 |
Maximum Disposable Income Based on Median Household Income | $54,976 | $78,782 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Illinois | Maryland | |
Income Tax Owed | $4,903 | $4,624 |
After Tax Income | $35,097 | $35,376 |
Income After Income & Property Tax | $30,574 | $32,210 |
Maximum Disposable Income After Income, Property & Sales Taxes | $28,098 | $30,386 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Illinois | Maryland | |
Income Tax Owed | $8,820 | $8,502 |
After Tax Income | $51,180 | $51,498 |
Income After Income & Property Tax | $46,657 | $48,332 |
Maximum Disposable Income After Income, Property & Sales Taxes | $42,879 | $45,596 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Illinois | Maryland | |
Income Tax Owed | $14,210 | $13,852 |
After Tax Income | $65,790 | $66,148 |
Income After Income & Property Tax | $61,267 | $62,982 |
Maximum Disposable Income After Income, Property & Sales Taxes | $56,306 | $59,417 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Illinois | Maryland | |
Income Tax Owed | $19,600 | $19,202 |
After Tax Income | $80,400 | $80,798 |
Income After Income & Property Tax | $75,877 | $77,632 |
Maximum Disposable Income After Income, Property & Sales Taxes | $69,733 | $73,237 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Illinois | Maryland | |
Income Tax Owed | $13,196 | $12,651 |
After Tax Income | $86,804 | $87,349 |
Income After Income & Property Tax | $82,281 | $84,183 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,619 | $79,417 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Illinois | Maryland | |
Income Tax Owed | $25,726 | $25,081 |
After Tax Income | $124,274 | $124,919 |
Income After Income & Property Tax | $119,751 | $121,753 |
Maximum Disposable Income After Income, Property & Sales Taxes | $110,055 | $114,861 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Illinois | Maryland | |
Income Tax Owed | $39,201 | $38,588 |
After Tax Income | $160,799 | $161,412 |
Income After Income & Property Tax | $156,276 | $158,246 |
Maximum Disposable Income After Income, Property & Sales Taxes | $143,622 | $149,288 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Illinois | Maryland | |
Income Tax Owed | $53,595 | $53,167 |
After Tax Income | $196,405 | $196,833 |
Income After Income & Property Tax | $191,882 | $193,667 |
Maximum Disposable Income After Income, Property & Sales Taxes | $176,345 | $182,704 |
FAQ
Does Illinois or Maryland have lower income taxes?
Illinois’s income tax falls into the following range: 4.95%
Whereas Maryland’s income tax is the following
- 2.00%: $0-$1,000
- 3.00%: $1,001-$2,000
- 4.00%: $2,001-$3,000
- 4.75%: $3,001-$100,000
- 5.00%: $100,001-$125,000
- 5.25%: $125,001-$150,000
- 5.50%: $150,001-$250,000
- 5.75%: $250,001+
Does Illinois or Maryland have lower property taxes?
Illinois has an average property tax rate of 1.78%
In comparison, Maryland has an average property tax rate of 0.76%
Does Illinois or Maryland 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, Maryland has a state sales tax rate of 6.00% and an average local rate of 0.00% for a combined total rate of 6.00%.
Do you get to keep more money in Illinois or Maryland?
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, Maryland gives you $78,782.
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