Indiana vs Wisconsin Taxes: Income, Property & Sales

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

Indiana vs Wisconsin Income Tax Comparison

	Indiana	Wisconsin
Income Tax Rates & Thresholds	3.23%	3.54%: $0-$12,760 4.65%: $12,761-$25,520 5.30%: $25,521-$280,950 7.65%: $280,951+
Median Income	$70,030	$73,330
Income Tax Paid On Median Household Income	$10,404	$11,817
Income After Tax Based on Median Household Income	$59,626	$61,513

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Indiana vs Wisconsin Property Tax Comparison

	Indiana	Wisconsin
Average Property Tax Rate	0.74%	1.15%
Average House Price By State	$232,390	$288,596
Average Property Tax Owed Per Year	$1,720	$3,319
Income After Income Taxes & Property Taxes Based On Median State Household Income	$57,906	$58,194

Indiana vs Wisconsin Sales Tax Comparison

	Indiana	Wisconsin
Average State Sales Tax	7.00%	5.00%
Average Local Sales Tax Across the State	0.00%	0.43%
Average Combined Sales Tax Rate	7.00%	5.43%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,788	$2,997
Maximum Disposable Income Based on Median Household Income	$54,118	$55,197

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

	Indiana	Wisconsin
Income Tax Owed	$4,300	$4,191
After Tax Income	$35,700	$35,809
Income After Income & Property Tax	$33,980	$32,490
Maximum Disposable Income After Income, Property & Sales Taxes	$31,757	$30,817

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

	Indiana	Wisconsin
Income Tax Owed	$7,873	$8,178
After Tax Income	$52,127	$51,822
Income After Income & Property Tax	$50,407	$48,503
Maximum Disposable Income After Income, Property & Sales Taxes	$47,110	$46,005

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

	Indiana	Wisconsin
Income Tax Owed	$12,919	$13,638
After Tax Income	$67,081	$66,362
Income After Income & Property Tax	$65,361	$63,043
Maximum Disposable Income After Income, Property & Sales Taxes	$61,085	$59,796

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

	Indiana	Wisconsin
Income Tax Owed	$17,965	$19,098
After Tax Income	$82,035	$80,902
Income After Income & Property Tax	$80,315	$77,583
Maximum Disposable Income After Income, Property & Sales Taxes	$75,061	$73,587

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

	Indiana	Wisconsin
Income Tax Owed	$11,646	$12,140
After Tax Income	$88,354	$87,860
Income After Income & Property Tax	$86,634	$84,541
Maximum Disposable Income After Income, Property & Sales Taxes	$80,967	$80,187

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

	Indiana	Wisconsin
Income Tax Owed	$23,316	$24,845
After Tax Income	$126,684	$125,155
Income After Income & Property Tax	$124,964	$121,836
Maximum Disposable Income After Income, Property & Sales Taxes	$116,789	$115,561

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

	Indiana	Wisconsin
Income Tax Owed	$35,931	$38,495
After Tax Income	$164,069	$161,505
Income After Income & Property Tax	$162,349	$158,186
Maximum Disposable Income After Income, Property & Sales Taxes	$151,728	$150,039

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

	Indiana	Wisconsin
Income Tax Owed	$49,465	$53,064
After Tax Income	$200,535	$196,936
Income After Income & Property Tax	$198,815	$193,617
Maximum Disposable Income After Income, Property & Sales Taxes	$185,809	$183,645

FAQ

Does Indiana or Wisconsin have lower income taxes?

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

Whereas Wisconsin’s income tax is the following

• 3.54%: $0-$12,760
• 4.65%: $12,761-$25,520
• 5.30%: $25,521-$280,950
• 7.65%: $280,951+

Does Indiana or Wisconsin have lower property taxes?

Indiana has an average property tax rate of 0.74%

In comparison, Wisconsin has an average property tax rate of 1.15%

Does Indiana or Wisconsin 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, Wisconsin has a state sales tax rate of 5.00% and an average local rate of 0.43% for a combined total rate of 5.43%.

Do you get to keep more money in Indiana or Wisconsin?

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, Wisconsin gives you $55,197.

More Comparisons:

Indiana vs Colorado
Indiana vs Minnesota
Indiana vs South Carolina
Indiana vs Alabama
Indiana vs Louisiana

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/