Does Indiana or West Virginia have lower taxes? We answer that in a variety of ways below:
Indiana vs West Virginia Income Tax Comparison
Indiana | West Virginia | |
Income Tax Rates & Thresholds | 3.23% |
|
Median Income | $70,030 | $52,460 |
Income Tax Paid On Median Household Income | $10,404 | $6,738 |
Income After Tax Based on Median Household Income | $59,626 | $45,722 |
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Indiana vs West Virginia Property Tax Comparison
Indiana | West Virginia | |
Average Property Tax Rate | 0.74% | 0.47% |
Average House Price By State | $232,390 | $155,687 |
Average Property Tax Owed Per Year | $1,720 | $732 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $57,906 | $44,990 |
Indiana vs West Virginia Sales Tax Comparison
Indiana | West Virginia | |
Average State Sales Tax | 7.00% | 6.00% |
Average Local Sales Tax Across the State | 0.00% | 0.52% |
Average Combined Sales Tax Rate | 7.00% | 6.52% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,788 | $2,754 |
Maximum Disposable Income Based on Median Household Income | $54,118 | $42,236 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Indiana | West Virginia | |
Income Tax Owed | $4,300 | $4,525 |
After Tax Income | $35,700 | $35,475 |
Income After Income & Property Tax | $33,980 | $34,743 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,757 | $32,617 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Indiana | West Virginia | |
Income Tax Owed | $7,873 | $8,623 |
After Tax Income | $52,127 | $51,377 |
Income After Income & Property Tax | $50,407 | $50,645 |
Maximum Disposable Income After Income, Property & Sales Taxes | $47,110 | $47,545 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Indiana | West Virginia | |
Income Tax Owed | $12,919 | $8,623 |
After Tax Income | $67,081 | $71,377 |
Income After Income & Property Tax | $65,361 | $70,645 |
Maximum Disposable Income After Income, Property & Sales Taxes | $61,085 | $66,321 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Indiana | West Virginia | |
Income Tax Owed | $17,965 | $20,013 |
After Tax Income | $82,035 | $79,987 |
Income After Income & Property Tax | $80,315 | $79,255 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,061 | $74,404 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Indiana | West Virginia | |
Income Tax Owed | $11,646 | $13,596 |
After Tax Income | $88,354 | $86,404 |
Income After Income & Property Tax | $86,634 | $85,672 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,967 | $80,428 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Indiana | West Virginia | |
Income Tax Owed | $23,316 | $26,901 |
After Tax Income | $126,684 | $123,099 |
Income After Income & Property Tax | $124,964 | $122,367 |
Maximum Disposable Income After Income, Property & Sales Taxes | $116,789 | $114,877 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Indiana | West Virginia | |
Income Tax Owed | $35,931 | $41,151 |
After Tax Income | $164,069 | $158,849 |
Income After Income & Property Tax | $162,349 | $158,117 |
Maximum Disposable Income After Income, Property & Sales Taxes | $151,728 | $148,439 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Indiana | West Virginia | |
Income Tax Owed | $49,465 | $56,320 |
After Tax Income | $200,535 | $193,680 |
Income After Income & Property Tax | $198,815 | $192,948 |
Maximum Disposable Income After Income, Property & Sales Taxes | $185,809 | $181,138 |
FAQ
Does Indiana or West Virginia have lower income taxes?
Indiana’s income tax falls into the following range: 3.23%
Whereas West Virginia’s income tax is the following
- 3.00%: $0-$10,000
- 4.00%: $10,001-$25,000
- 4.50%: $25,001-$40,000
- 6.00%: $40,001-$60,000
- 6.50%: $60,001+
Does Indiana or West Virginia have lower property taxes?
Indiana has an average property tax rate of 0.74%
In comparison, West Virginia has an average property tax rate of 0.47%
Does Indiana or West Virginia 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, West Virginia has a state sales tax rate of 6.00% and an average local rate of 0.52% for a combined total rate of 6.52%.
Do you get to keep more money in Indiana or West Virginia?
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, West Virginia gives you $42,236.
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