Indiana vs South Dakota Taxes: Income, Property & Sales

Does Indiana or South Dakota have lower taxes? We answer that in a variety of ways below:

Indiana vs South Dakota Income Tax Comparison

	Indiana	South Dakota
Income Tax Rates & Thresholds	3.23%	None
Median Income	$70,030	$67,180
Income Tax Paid On Median Household Income	$10,404	$7,547
Income After Tax Based on Median Household Income	$59,626	$59,633

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Indiana vs South Dakota Property Tax Comparison

	Indiana	South Dakota
Average Property Tax Rate	0.74%	1.03%
Average House Price By State	$232,390	$296,811
Average Property Tax Owed Per Year	$1,720	$3,057
Income After Income Taxes & Property Taxes Based On Median State Household Income	$57,906	$56,576

Indiana vs South Dakota Sales Tax Comparison

	Indiana	South Dakota
Average State Sales Tax	7.00%	4.50%
Average Local Sales Tax Across the State	0.00%	1.90%
Average Combined Sales Tax Rate	7.00%	6.40%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,788	$3,403
Maximum Disposable Income Based on Median Household Income	$54,118	$53,173

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

	Indiana	South Dakota
Income Tax Owed	$4,300	$3,040
After Tax Income	$35,700	$36,960
Income After Income & Property Tax	$33,980	$33,903
Maximum Disposable Income After Income, Property & Sales Taxes	$31,757	$31,864

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

	Indiana	South Dakota
Income Tax Owed	$7,873	$5,968
After Tax Income	$52,127	$54,032
Income After Income & Property Tax	$50,407	$50,975
Maximum Disposable Income After Income, Property & Sales Taxes	$47,110	$47,909

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

	Indiana	South Dakota
Income Tax Owed	$12,919	$10,368
After Tax Income	$67,081	$69,632
Income After Income & Property Tax	$65,361	$66,575
Maximum Disposable Income After Income, Property & Sales Taxes	$61,085	$62,570

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

	Indiana	South Dakota
Income Tax Owed	$17,965	$14,768
After Tax Income	$82,035	$85,232
Income After Income & Property Tax	$80,315	$82,175
Maximum Disposable Income After Income, Property & Sales Taxes	$75,061	$77,232

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

	Indiana	South Dakota
Income Tax Owed	$11,646	$8,481
After Tax Income	$88,354	$91,519
Income After Income & Property Tax	$86,634	$88,462
Maximum Disposable Income After Income, Property & Sales Taxes	$80,967	$83,141

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

	Indiana	South Dakota
Income Tax Owed	$23,316	$18,536
After Tax Income	$126,684	$131,464
Income After Income & Property Tax	$124,964	$128,407
Maximum Disposable Income After Income, Property & Sales Taxes	$116,789	$120,683

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

	Indiana	South Dakota
Income Tax Owed	$35,931	$29,536
After Tax Income	$164,069	$170,464
Income After Income & Property Tax	$162,349	$167,407
Maximum Disposable Income After Income, Property & Sales Taxes	$151,728	$157,337

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

	Indiana	South Dakota
Income Tax Owed	$49,465	$41,455
After Tax Income	$200,535	$208,545
Income After Income & Property Tax	$198,815	$205,488
Maximum Disposable Income After Income, Property & Sales Taxes	$185,809	$193,128

FAQ

Does Indiana or South Dakota have lower income taxes?

Indiana’s income tax falls into the following range: 3.23%

Whereas South Dakota’s income tax is the following None

Does Indiana or South Dakota have lower property taxes?

Indiana has an average property tax rate of 0.74%

In comparison, South Dakota has an average property tax rate of 1.03%

Does Indiana or South Dakota 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, South Dakota has a state sales tax rate of 4.50% and an average local rate of 1.90% for a combined total rate of 6.40%.

Do you get to keep more money in Indiana or South Dakota?

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, South Dakota gives you $53,173.

More Comparisons:

Indiana vs North Dakota
Indiana vs Alaska
Indiana vs Washington DC
Indiana vs Vermont
Indiana vs Wyoming

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/