Illinois vs Oklahoma Taxes: Income, Property & Sales

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

Illinois vs Oklahoma Income Tax Comparison

	Illinois	Oklahoma
Income Tax Rates & Thresholds	4.95%	0.25%: $0-$1,000 0.75%: $1,001-$2,500 1.75%: $2,501-$3,750 2.75%: $3,751-$4,900 3.75%: $4,901-$7,200 4.75%: $7,201+
Median Income	$78,020	$63,440
Income Tax Paid On Median Household Income	$13,677	$9,200
Income After Tax Based on Median Household Income	$64,343	$54,240

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Illinois vs Oklahoma Property Tax Comparison

	Illinois	Oklahoma
Average Property Tax Rate	1.78%	0.76%
Average House Price By State	$254,128	$200,203
Average Property Tax Owed Per Year	$4,523	$1,522
Income After Income Taxes & Property Taxes Based On Median State Household Income	$59,820	$52,718

Illinois vs Oklahoma Sales Tax Comparison

	Illinois	Oklahoma
Average State Sales Tax	6.25%	4.50%
Average Local Sales Tax Across the State	2.56%	4.47%
Average Combined Sales Tax Rate	8.81%	8.97%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,843	$4,340
Maximum Disposable Income Based on Median Household Income	$54,976	$48,379

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

	Illinois	Oklahoma
Income Tax Owed	$4,903	$4,403
After Tax Income	$35,097	$35,597
Income After Income & Property Tax	$30,574	$34,075
Maximum Disposable Income After Income, Property & Sales Taxes	$28,098	$31,270

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

	Illinois	Oklahoma
Income Tax Owed	$8,820	$8,280
After Tax Income	$51,180	$51,720
Income After Income & Property Tax	$46,657	$50,198
Maximum Disposable Income After Income, Property & Sales Taxes	$42,879	$46,066

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

	Illinois	Oklahoma
Income Tax Owed	$14,210	$13,630
After Tax Income	$65,790	$66,370
Income After Income & Property Tax	$61,267	$64,848
Maximum Disposable Income After Income, Property & Sales Taxes	$56,306	$59,510

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

	Illinois	Oklahoma
Income Tax Owed	$19,600	$18,980
After Tax Income	$80,400	$81,020
Income After Income & Property Tax	$75,877	$79,498
Maximum Disposable Income After Income, Property & Sales Taxes	$69,733	$72,954

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

	Illinois	Oklahoma
Income Tax Owed	$13,196	$12,178
After Tax Income	$86,804	$87,822
Income After Income & Property Tax	$82,281	$86,300
Maximum Disposable Income After Income, Property & Sales Taxes	$75,619	$79,197

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

	Illinois	Oklahoma
Income Tax Owed	$25,726	$24,608
After Tax Income	$124,274	$125,392
Income After Income & Property Tax	$119,751	$123,870
Maximum Disposable Income After Income, Property & Sales Taxes	$110,055	$113,674

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

	Illinois	Oklahoma
Income Tax Owed	$39,201	$37,983
After Tax Income	$160,799	$162,017
Income After Income & Property Tax	$156,276	$160,495
Maximum Disposable Income After Income, Property & Sales Taxes	$143,622	$147,284

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

	Illinois	Oklahoma
Income Tax Owed	$53,595	$52,277
After Tax Income	$196,405	$197,723
Income After Income & Property Tax	$191,882	$196,201
Maximum Disposable Income After Income, Property & Sales Taxes	$176,345	$180,051

FAQ

Does Illinois or Oklahoma have lower income taxes?

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

Whereas Oklahoma’s income tax is the following

• 0.25%: $0-$1,000
• 0.75%: $1,001-$2,500
• 1.75%: $2,501-$3,750
• 2.75%: $3,751-$4,900
• 3.75%: $4,901-$7,200
• 4.75%: $7,201+

Does Illinois or Oklahoma have lower property taxes?

Illinois has an average property tax rate of 1.78%

In comparison, Oklahoma has an average property tax rate of 0.76%

Does Illinois or Oklahoma 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, Oklahoma has a state sales tax rate of 4.50% and an average local rate of 4.47% for a combined total rate of 8.97%.

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

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, Oklahoma gives you $48,379.

More Comparisons:

Illinois vs Connecticut
Illinois vs Utah
Illinois vs Iowa
Illinois vs Nevada
Illinois vs Arkansas

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/