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Illinois vs Montana Taxes: Income, Property & Sales

Originally written in English & checked by Managing Editor: Ian Wright
Last Updated:

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

Illinois vs Montana Income Tax Comparison

IllinoisMontana
Income Tax Rates & Thresholds4.95%
  • 1.00%: $0-$3,300
  • 2.00%: $3,301-$5,800
  • 3.00%: $5,801-$8,900
  • 4.00%: $8,901-$12,000
  • 5.00%: $12,001-$15,400
  • 6.00%: $15,401-$19,800
  • 6.75%: $19,801+
Median Income$78,020$72,980
Income Tax Paid On Median Household Income$13,677$12,678
Income After Tax Based on Median Household Income $64,343$60,302
* Note tax calculation assume filling as a single person rather than married.

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Illinois vs Montana Property Tax Comparison

IllinoisMontana
Average Property Tax Rate1.78%0.65%
Average House Price By State$254,128$447,845
Average Property Tax Owed Per Year$4,523$2,911
Income After Income Taxes & Property Taxes Based On Median State Household Income $59,820$57,391
* Again assuming income tax is filed as a single person

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Illinois vs Montana Sales Tax Comparison

IllinoisMontana
Average State Sales Tax6.25%0.00%
Average Local Sales Tax Across the State2.56%0.00%
Average Combined Sales Tax Rate8.81%0.00%
Maximum Amount of Sales Tax Paid Based on Median Household Income $4,843$0
Maximum Disposable Income Based on Median Household Income$54,976$57,391
* Maximum disposable is calculated based on earning the median household income and then deducting income, property and sales taxes assuming you spend your entire income.

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

IllinoisMontana
Income Tax Owed$4,903$4,669
After Tax Income$35,097$35,331
Income After Income & Property Tax $30,574$32,420
Maximum Disposable Income After Income, Property & Sales Taxes $28,098$32,420

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

IllinoisMontana
Income Tax Owed$8,820$8,947
After Tax Income$51,180$51,053
Income After Income & Property Tax $46,657$48,142
Maximum Disposable Income After Income, Property & Sales Taxes $42,879$48,142

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

IllinoisMontana
Income Tax Owed$14,210$14,697
After Tax Income$65,790$65,303
Income After Income & Property Tax $61,267$62,392
Maximum Disposable Income After Income, Property & Sales Taxes $56,306$62,392

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

IllinoisMontana
Income Tax Owed$19,600$20,447
After Tax Income$80,400$79,553
Income After Income & Property Tax $75,877$76,642
Maximum Disposable Income After Income, Property & Sales Taxes $69,733$76,642

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

IllinoisMontana
Income Tax Owed$13,196$13,660
After Tax Income$86,804$86,340
Income After Income & Property Tax $82,281$83,429
Maximum Disposable Income After Income, Property & Sales Taxes $75,619$83,429

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

IllinoisMontana
Income Tax Owed$25,726$27,089
After Tax Income$124,274$122,911
Income After Income & Property Tax $119,751$120,000
Maximum Disposable Income After Income, Property & Sales Taxes $110,055$120,000

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

IllinoisMontana
Income Tax Owed$39,201$41,464
After Tax Income$160,799$158,536
Income After Income & Property Tax $156,276$155,625
Maximum Disposable Income After Income, Property & Sales Taxes $143,622$155,625

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

IllinoisMontana
Income Tax Owed$53,595$56,758
After Tax Income$196,405$193,242
Income After Income & Property Tax $191,882$190,331
Maximum Disposable Income After Income, Property & Sales Taxes $176,345$190,331

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FAQ

Does Illinois or Montana have lower income taxes?

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

Whereas Montana’s income tax is the following

  • 1.00%: $0-$3,300
  • 2.00%: $3,301-$5,800
  • 3.00%: $5,801-$8,900
  • 4.00%: $8,901-$12,000
  • 5.00%: $12,001-$15,400
  • 6.00%: $15,401-$19,800
  • 6.75%: $19,801+

Does Illinois or Montana have lower property taxes?

Illinois has an average property tax rate of 1.78%

In comparison, Montana has an average property tax rate of 0.65%

Does Illinois or Montana 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, Montana has a state sales tax rate of 0.00% and an average local rate of 0.00% for a combined total rate of 0.00%.

Do you get to keep more money in Illinois or Montana?

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, Montana gives you $57,391.

More Comparisons:

Illinois vs Rhode Island
Illinois vs Delaware
Illinois vs South Dakota
Illinois vs North Dakota
Illinois vs Alaska

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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/
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