Does Indiana or Montana have lower taxes? We answer that in a variety of ways below:
Indiana vs Montana Income Tax Comparison
Indiana | Montana | |
Income Tax Rates & Thresholds | 3.23% |
|
Median Income | $70,030 | $72,980 |
Income Tax Paid On Median Household Income | $10,404 | $12,678 |
Income After Tax Based on Median Household Income | $59,626 | $60,302 |
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Indiana vs Montana Property Tax Comparison
Indiana | Montana | |
Average Property Tax Rate | 0.74% | 0.65% |
Average House Price By State | $232,390 | $447,845 |
Average Property Tax Owed Per Year | $1,720 | $2,911 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $57,906 | $57,391 |
Indiana vs Montana Sales Tax Comparison
Indiana | Montana | |
Average State Sales Tax | 7.00% | 0.00% |
Average Local Sales Tax Across the State | 0.00% | 0.00% |
Average Combined Sales Tax Rate | 7.00% | 0.00% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,788 | $0 |
Maximum Disposable Income Based on Median Household Income | $54,118 | $57,391 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Indiana | Montana | |
Income Tax Owed | $4,300 | $4,669 |
After Tax Income | $35,700 | $35,331 |
Income After Income & Property Tax | $33,980 | $32,420 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,757 | $32,420 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Indiana | Montana | |
Income Tax Owed | $7,873 | $8,947 |
After Tax Income | $52,127 | $51,053 |
Income After Income & Property Tax | $50,407 | $48,142 |
Maximum Disposable Income After Income, Property & Sales Taxes | $47,110 | $48,142 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Indiana | Montana | |
Income Tax Owed | $12,919 | $14,697 |
After Tax Income | $67,081 | $65,303 |
Income After Income & Property Tax | $65,361 | $62,392 |
Maximum Disposable Income After Income, Property & Sales Taxes | $61,085 | $62,392 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Indiana | Montana | |
Income Tax Owed | $17,965 | $20,447 |
After Tax Income | $82,035 | $79,553 |
Income After Income & Property Tax | $80,315 | $76,642 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,061 | $76,642 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Indiana | Montana | |
Income Tax Owed | $11,646 | $13,660 |
After Tax Income | $88,354 | $86,340 |
Income After Income & Property Tax | $86,634 | $83,429 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,967 | $83,429 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Indiana | Montana | |
Income Tax Owed | $23,316 | $27,089 |
After Tax Income | $126,684 | $122,911 |
Income After Income & Property Tax | $124,964 | $120,000 |
Maximum Disposable Income After Income, Property & Sales Taxes | $116,789 | $120,000 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Indiana | Montana | |
Income Tax Owed | $35,931 | $41,464 |
After Tax Income | $164,069 | $158,536 |
Income After Income & Property Tax | $162,349 | $155,625 |
Maximum Disposable Income After Income, Property & Sales Taxes | $151,728 | $155,625 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Indiana | Montana | |
Income Tax Owed | $49,465 | $56,758 |
After Tax Income | $200,535 | $193,242 |
Income After Income & Property Tax | $198,815 | $190,331 |
Maximum Disposable Income After Income, Property & Sales Taxes | $185,809 | $190,331 |
FAQ
Does Indiana or Montana have lower income taxes?
Indiana’s income tax falls into the following range: 3.23%
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 Indiana or Montana have lower property taxes?
Indiana has an average property tax rate of 0.74%
In comparison, Montana has an average property tax rate of 0.65%
Does Indiana or Montana 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, 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 Indiana or Montana?
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, Montana gives you $57,391.
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