Does Illinois or Missouri have lower taxes? We answer that in a variety of ways below:
Illinois vs Missouri Income Tax Comparison
Illinois | Missouri | |
Income Tax Rates & Thresholds | 4.95% |
|
Median Income | $78,020 | $71,520 |
Income Tax Paid On Median Household Income | $13,677 | $11,476 |
Income After Tax Based on Median Household Income | $64,343 | $60,044 |
Top Accounting Software:
Illinois vs Missouri Property Tax Comparison
Illinois | Missouri | |
Average Property Tax Rate | 1.78% | 0.82% |
Average House Price By State | $254,128 | $239,743 |
Average Property Tax Owed Per Year | $4,523 | $1,966 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $59,820 | $58,078 |
Illinois vs Missouri Sales Tax Comparison
Illinois | Missouri | |
Average State Sales Tax | 6.25% | 4.23% |
Average Local Sales Tax Across the State | 2.56% | 4.06% |
Average Combined Sales Tax Rate | 8.81% | 8.29% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,843 | $4,446 |
Maximum Disposable Income Based on Median Household Income | $54,976 | $53,632 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Illinois | Missouri | |
Income Tax Owed | $4,903 | $4,312 |
After Tax Income | $35,097 | $35,688 |
Income After Income & Property Tax | $30,574 | $33,722 |
Maximum Disposable Income After Income, Property & Sales Taxes | $28,098 | $31,141 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Illinois | Missouri | |
Income Tax Owed | $8,820 | $8,320 |
After Tax Income | $51,180 | $51,680 |
Income After Income & Property Tax | $46,657 | $49,714 |
Maximum Disposable Income After Income, Property & Sales Taxes | $42,879 | $45,908 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Illinois | Missouri | |
Income Tax Owed | $14,210 | $13,800 |
After Tax Income | $65,790 | $66,200 |
Income After Income & Property Tax | $61,267 | $64,234 |
Maximum Disposable Income After Income, Property & Sales Taxes | $56,306 | $59,317 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Illinois | Missouri | |
Income Tax Owed | $19,600 | $19,280 |
After Tax Income | $80,400 | $80,720 |
Income After Income & Property Tax | $75,877 | $78,754 |
Maximum Disposable Income After Income, Property & Sales Taxes | $69,733 | $72,725 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Illinois | Missouri | |
Income Tax Owed | $13,196 | $12,294 |
After Tax Income | $86,804 | $87,706 |
Income After Income & Property Tax | $82,281 | $85,740 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,619 | $79,176 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Illinois | Missouri | |
Income Tax Owed | $25,726 | $25,048 |
After Tax Income | $124,274 | $124,952 |
Income After Income & Property Tax | $119,751 | $122,986 |
Maximum Disposable Income After Income, Property & Sales Taxes | $110,055 | $113,571 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Illinois | Missouri | |
Income Tax Owed | $39,201 | $38,748 |
After Tax Income | $160,799 | $161,252 |
Income After Income & Property Tax | $156,276 | $159,286 |
Maximum Disposable Income After Income, Property & Sales Taxes | $143,622 | $147,092 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Illinois | Missouri | |
Income Tax Owed | $53,595 | $53,367 |
After Tax Income | $196,405 | $196,633 |
Income After Income & Property Tax | $191,882 | $194,667 |
Maximum Disposable Income After Income, Property & Sales Taxes | $176,345 | $179,765 |
FAQ
Does Illinois or Missouri have lower income taxes?
Illinois’s income tax falls into the following range: 4.95%
Whereas Missouri’s income tax is the following
- 1.50%: $111-$1,121
- 2.00%: $1,122-$2,242
- 2.50%: $2,243-$3,363
- 3.00%: $3,364-$4,484
- 3.50%: $4,485-$5,605
- 4.00%: $5,606-$6,726
- 4.50%: $6,727-$7,847
- 5.00%: $7,848-$8,968
- 5.30%: $8,969+
Does Illinois or Missouri have lower property taxes?
Illinois has an average property tax rate of 1.78%
In comparison, Missouri has an average property tax rate of 0.82%
Does Illinois or Missouri 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, Missouri has a state sales tax rate of 4.23% and an average local rate of 4.06% for a combined total rate of 8.29%.
Do you get to keep more money in Illinois or Missouri?
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, Missouri gives you $53,632.
More Comparisons:
Illinois vs Maryland
Illinois vs Wisconsin
Illinois vs Colorado
Illinois vs Minnesota
Illinois vs South Carolina
Sources: