Illinois vs North Carolina Taxes: Income, Property & Sales

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

Illinois vs North Carolina Income Tax Comparison

	Illinois	North Carolina
Income Tax Rates & Thresholds	4.95%	4.99%
Median Income	$78,020	$65,070
Income Tax Paid On Median Household Income	$13,677	$9,694
Income After Tax Based on Median Household Income	$64,343	$55,376

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Illinois vs North Carolina Property Tax Comparison

	Illinois	North Carolina
Average Property Tax Rate	1.78%	0.52%
Average House Price By State	$254,128	$321,447
Average Property Tax Owed Per Year	$4,523	$1,672
Income After Income Taxes & Property Taxes Based On Median State Household Income	$59,820	$53,704

Illinois vs North Carolina Sales Tax Comparison

	Illinois	North Carolina
Average State Sales Tax	6.25%	4.75%
Average Local Sales Tax Across the State	2.56%	2.23%
Average Combined Sales Tax Rate	8.81%	6.98%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,843	$3,504
Maximum Disposable Income Based on Median Household Income	$54,976	$50,200

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

	Illinois	North Carolina
Income Tax Owed	$4,903	$4,400
After Tax Income	$35,097	$35,600
Income After Income & Property Tax	$30,574	$33,928
Maximum Disposable Income After Income, Property & Sales Taxes	$28,098	$31,715

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

	Illinois	North Carolina
Income Tax Owed	$8,820	$8,326
After Tax Income	$51,180	$51,674
Income After Income & Property Tax	$46,657	$50,002
Maximum Disposable Income After Income, Property & Sales Taxes	$42,879	$46,740

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

	Illinois	North Carolina
Income Tax Owed	$14,210	$13,724
After Tax Income	$65,790	$66,276
Income After Income & Property Tax	$61,267	$64,604
Maximum Disposable Income After Income, Property & Sales Taxes	$56,306	$60,389

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

	Illinois	North Carolina
Income Tax Owed	$19,600	$19,122
After Tax Income	$80,400	$80,878
Income After Income & Property Tax	$75,877	$79,206
Maximum Disposable Income After Income, Property & Sales Taxes	$69,733	$74,039

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

	Illinois	North Carolina
Income Tax Owed	$13,196	$12,198
After Tax Income	$86,804	$87,802
Income After Income & Property Tax	$82,281	$86,130
Maximum Disposable Income After Income, Property & Sales Taxes	$75,619	$80,511

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

	Illinois	North Carolina
Income Tax Owed	$25,726	$24,748
After Tax Income	$124,274	$125,252
Income After Income & Property Tax	$119,751	$123,580
Maximum Disposable Income After Income, Property & Sales Taxes	$110,055	$115,517

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

	Illinois	North Carolina
Income Tax Owed	$39,201	$38,243
After Tax Income	$160,799	$161,757
Income After Income & Property Tax	$156,276	$160,085
Maximum Disposable Income After Income, Property & Sales Taxes	$143,622	$149,641

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

	Illinois	North Carolina
Income Tax Owed	$53,595	$52,657
After Tax Income	$196,405	$197,343
Income After Income & Property Tax	$191,882	$195,671
Maximum Disposable Income After Income, Property & Sales Taxes	$176,345	$182,905

FAQ

Does Illinois or North Carolina have lower income taxes?

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

Whereas North Carolina’s income tax is the following 4.99%

Does Illinois or North Carolina have lower property taxes?

Illinois has an average property tax rate of 1.78%

In comparison, North Carolina has an average property tax rate of 0.52%

Does Illinois or North Carolina 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, North Carolina has a state sales tax rate of 4.75% and an average local rate of 2.23% for a combined total rate of 6.98%.

Do you get to keep more money in Illinois or North Carolina?

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, North Carolina gives you $50,200.

More Comparisons:

Illinois vs Michigan
Illinois vs New Jersey
Illinois vs Virginia
Illinois vs Washington
Illinois vs Arizona

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/