Does Indiana or Louisiana have lower taxes? We answer that in a variety of ways below:
Indiana vs Louisiana Income Tax Comparison
Indiana | Louisiana | |
Income Tax Rates & Thresholds | 3.23% |
|
Median Income | $70,030 | $58,330 |
Income Tax Paid On Median Household Income | $10,404 | $7,307 |
Income After Tax Based on Median Household Income | $59,626 | $51,023 |
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Indiana vs Louisiana Property Tax Comparison
Indiana | Louisiana | |
Average Property Tax Rate | 0.74% | 0.53% |
Average House Price By State | $232,390 | $200,947 |
Average Property Tax Owed Per Year | $1,720 | $1,065 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $57,906 | $49,958 |
Indiana vs Louisiana Sales Tax Comparison
Indiana | Louisiana | |
Average State Sales Tax | 7.00% | 4.45% |
Average Local Sales Tax Across the State | 0.00% | 5.10% |
Average Combined Sales Tax Rate | 7.00% | 9.55% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,788 | $4,355 |
Maximum Disposable Income Based on Median Household Income | $54,118 | $45,603 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Indiana | Louisiana | |
Income Tax Owed | $4,300 | $4,077 |
After Tax Income | $35,700 | $35,923 |
Income After Income & Property Tax | $33,980 | $34,858 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,757 | $31,819 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Indiana | Louisiana | |
Income Tax Owed | $7,873 | $7,745 |
After Tax Income | $52,127 | $52,255 |
Income After Income & Property Tax | $50,407 | $51,190 |
Maximum Disposable Income After Income, Property & Sales Taxes | $47,110 | $46,728 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Indiana | Louisiana | |
Income Tax Owed | $12,919 | $12,995 |
After Tax Income | $67,081 | $67,005 |
Income After Income & Property Tax | $65,361 | $65,940 |
Maximum Disposable Income After Income, Property & Sales Taxes | $61,085 | $60,192 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Indiana | Louisiana | |
Income Tax Owed | $17,965 | $18,245 |
After Tax Income | $82,035 | $81,755 |
Income After Income & Property Tax | $80,315 | $80,690 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,061 | $73,656 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Indiana | Louisiana | |
Income Tax Owed | $11,646 | $11,253 |
After Tax Income | $88,354 | $88,747 |
Income After Income & Property Tax | $86,634 | $87,682 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,967 | $80,038 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Indiana | Louisiana | |
Income Tax Owed | $23,316 | $23,366 |
After Tax Income | $126,684 | $126,634 |
Income After Income & Property Tax | $124,964 | $125,569 |
Maximum Disposable Income After Income, Property & Sales Taxes | $116,789 | $114,623 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Indiana | Louisiana | |
Income Tax Owed | $35,931 | $36,491 |
After Tax Income | $164,069 | $163,509 |
Income After Income & Property Tax | $162,349 | $162,444 |
Maximum Disposable Income After Income, Property & Sales Taxes | $151,728 | $148,283 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Indiana | Louisiana | |
Income Tax Owed | $49,465 | $50,535 |
After Tax Income | $200,535 | $199,465 |
Income After Income & Property Tax | $198,815 | $198,400 |
Maximum Disposable Income After Income, Property & Sales Taxes | $185,809 | $181,105 |
FAQ
Does Indiana or Louisiana have lower income taxes?
Indiana’s income tax falls into the following range: 3.23%
Whereas Louisiana’s income tax is the following
- 1.85%: $0-$12,500
- 3.50%: $12,501-$50,000
- 4.25%: $50,001+
Does Indiana or Louisiana have lower property taxes?
Indiana has an average property tax rate of 0.74%
In comparison, Louisiana has an average property tax rate of 0.53%
Does Indiana or Louisiana have lower sales taxes?
Indiana has a state sales tax rate of 7.00% and an average local rate of 0.00% for a combined total rate of 7.00%.
In contrast, Louisiana has a state sales tax rate of 4.45% and an average local rate of 5.10% for a combined total rate of 9.55%.
Do you get to keep more money in Indiana or Louisiana?
Based on median household income after income, property and sales taxes Indiana gives you a maximum amount of disposable income of $54,118
In comparison, Louisiana gives you $45,603.
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