Does Indiana or Oklahoma have lower taxes? We answer that in a variety of ways below:
Indiana vs Oklahoma Income Tax Comparison
Indiana | Oklahoma | |
Income Tax Rates & Thresholds | 3.23% |
|
Median Income | $70,030 | $63,440 |
Income Tax Paid On Median Household Income | $10,404 | $9,200 |
Income After Tax Based on Median Household Income | $59,626 | $54,240 |
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Indiana vs Oklahoma Property Tax Comparison
Indiana | Oklahoma | |
Average Property Tax Rate | 0.74% | 0.76% |
Average House Price By State | $232,390 | $200,203 |
Average Property Tax Owed Per Year | $1,720 | $1,522 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $57,906 | $52,718 |
Indiana vs Oklahoma Sales Tax Comparison
Indiana | Oklahoma | |
Average State Sales Tax | 7.00% | 4.50% |
Average Local Sales Tax Across the State | 0.00% | 4.47% |
Average Combined Sales Tax Rate | 7.00% | 8.97% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,788 | $4,340 |
Maximum Disposable Income Based on Median Household Income | $54,118 | $48,379 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Indiana | Oklahoma | |
Income Tax Owed | $4,300 | $4,403 |
After Tax Income | $35,700 | $35,597 |
Income After Income & Property Tax | $33,980 | $34,075 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,757 | $31,270 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Indiana | Oklahoma | |
Income Tax Owed | $7,873 | $8,280 |
After Tax Income | $52,127 | $51,720 |
Income After Income & Property Tax | $50,407 | $50,198 |
Maximum Disposable Income After Income, Property & Sales Taxes | $47,110 | $46,066 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Indiana | Oklahoma | |
Income Tax Owed | $12,919 | $13,630 |
After Tax Income | $67,081 | $66,370 |
Income After Income & Property Tax | $65,361 | $64,848 |
Maximum Disposable Income After Income, Property & Sales Taxes | $61,085 | $59,510 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Indiana | Oklahoma | |
Income Tax Owed | $17,965 | $18,980 |
After Tax Income | $82,035 | $81,020 |
Income After Income & Property Tax | $80,315 | $79,498 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,061 | $72,954 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Indiana | Oklahoma | |
Income Tax Owed | $11,646 | $12,178 |
After Tax Income | $88,354 | $87,822 |
Income After Income & Property Tax | $86,634 | $86,300 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,967 | $79,197 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Indiana | Oklahoma | |
Income Tax Owed | $23,316 | $24,608 |
After Tax Income | $126,684 | $125,392 |
Income After Income & Property Tax | $124,964 | $123,870 |
Maximum Disposable Income After Income, Property & Sales Taxes | $116,789 | $113,674 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Indiana | Oklahoma | |
Income Tax Owed | $35,931 | $37,983 |
After Tax Income | $164,069 | $162,017 |
Income After Income & Property Tax | $162,349 | $160,495 |
Maximum Disposable Income After Income, Property & Sales Taxes | $151,728 | $147,284 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Indiana | Oklahoma | |
Income Tax Owed | $49,465 | $52,277 |
After Tax Income | $200,535 | $197,723 |
Income After Income & Property Tax | $198,815 | $196,201 |
Maximum Disposable Income After Income, Property & Sales Taxes | $185,809 | $180,051 |
FAQ
Does Indiana or Oklahoma have lower income taxes?
Indiana’s income tax falls into the following range: 3.23%
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 Indiana or Oklahoma have lower property taxes?
Indiana has an average property tax rate of 0.74%
In comparison, Oklahoma has an average property tax rate of 0.76%
Does Indiana or Oklahoma 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, 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 Indiana or Oklahoma?
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, Oklahoma gives you $48,379.
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