Does Illinois or New Hampshire have lower taxes? We answer that in a variety of ways below:
Illinois vs New Hampshire Income Tax Comparison
Illinois | New Hampshire | |
Income Tax Rates & Thresholds | 4.95% | 5% on interest and dividends only |
Median Income | $78,020 | $84,970 |
Income Tax Paid On Median Household Income | $13,677 | $11,461 |
Income After Tax Based on Median Household Income | $64,343 | $73,509 |
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Illinois vs New Hampshire Property Tax Comparison
Illinois | New Hampshire | |
Average Property Tax Rate | 1.78% | 1.28% |
Average House Price By State | $254,128 | $467,775 |
Average Property Tax Owed Per Year | $4,523 | $5,988 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $59,820 | $67,521 |
Illinois vs New Hampshire Sales Tax Comparison
Illinois | New Hampshire | |
Average State Sales Tax | 6.25% | 0.00% |
Average Local Sales Tax Across the State | 2.56% | 0.00% |
Average Combined Sales Tax Rate | 8.81% | 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 | $67,521 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Illinois | New Hampshire | |
Income Tax Owed | $4,903 | $3,040 |
After Tax Income | $35,097 | $36,960 |
Income After Income & Property Tax | $30,574 | $30,972 |
Maximum Disposable Income After Income, Property & Sales Taxes | $28,098 | $30,972 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Illinois | New Hampshire | |
Income Tax Owed | $8,820 | $5,968 |
After Tax Income | $51,180 | $54,032 |
Income After Income & Property Tax | $46,657 | $48,044 |
Maximum Disposable Income After Income, Property & Sales Taxes | $42,879 | $48,044 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Illinois | New Hampshire | |
Income Tax Owed | $14,210 | $10,368 |
After Tax Income | $65,790 | $69,632 |
Income After Income & Property Tax | $61,267 | $63,644 |
Maximum Disposable Income After Income, Property & Sales Taxes | $56,306 | $63,644 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Illinois | New Hampshire | |
Income Tax Owed | $19,600 | $14,768 |
After Tax Income | $80,400 | $85,232 |
Income After Income & Property Tax | $75,877 | $79,244 |
Maximum Disposable Income After Income, Property & Sales Taxes | $69,733 | $79,244 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Illinois | New Hampshire | |
Income Tax Owed | $13,196 | $8,481 |
After Tax Income | $86,804 | $91,519 |
Income After Income & Property Tax | $82,281 | $85,531 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,619 | $85,531 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Illinois | New Hampshire | |
Income Tax Owed | $25,726 | $18,536 |
After Tax Income | $124,274 | $131,464 |
Income After Income & Property Tax | $119,751 | $125,476 |
Maximum Disposable Income After Income, Property & Sales Taxes | $110,055 | $125,476 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Illinois | New Hampshire | |
Income Tax Owed | $39,201 | $29,536 |
After Tax Income | $160,799 | $170,464 |
Income After Income & Property Tax | $156,276 | $164,476 |
Maximum Disposable Income After Income, Property & Sales Taxes | $143,622 | $164,476 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Illinois | New Hampshire | |
Income Tax Owed | $53,595 | $41,455 |
After Tax Income | $196,405 | $208,545 |
Income After Income & Property Tax | $191,882 | $202,557 |
Maximum Disposable Income After Income, Property & Sales Taxes | $176,345 | $202,557 |
FAQ
Does Illinois or New Hampshire have lower income taxes?
Illinois’s income tax falls into the following range: 4.95%
Whereas New Hampshire’s income tax is the following 5% on interest and dividends only
Does Illinois or New Hampshire have lower property taxes?
Illinois has an average property tax rate of 1.78%
In comparison, New Hampshire has an average property tax rate of 1.28%
Does Illinois or New Hampshire 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, New Hampshire 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 New Hampshire?
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, New Hampshire gives you $67,521.
More Comparisons:
Illinois vs Maine
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Illinois vs Rhode Island
Illinois vs Delaware
Illinois vs South Dakota
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