Iowa vs Delaware Taxes: Income, Property & Sales

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

Iowa vs Delaware Income Tax Comparison

	Iowa	Delaware
Income Tax Rates & Thresholds	0.33%: $0-$1,743 0.67%: $1,744-$3,486 2.25%: $3,487-$6972 4.14%: $6,973-$15,687 5.63%: $15,688-$26,145 5.96%: $26,146-$34,860 6.25%: $34,861-$52,290 7.44%: $52,291-$78,435 8.53%: $78,436+	2.20%: $2,000-$,5000 3.90%: $5,001-$10,000 4.80%: $10,001-$20,000 5.20%: $20,001-$25,000 5.55%: $25,001-$60,000 6.60%: $60,001+
Median Income	$76,320	$80,750
Income Tax Paid On Median Household Income	$13,833	$14,624
Income After Tax Based on Median Household Income	$62,487	$66,126

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Iowa vs Delaware Property Tax Comparison

	Iowa	Delaware
Average Property Tax Rate	1.25%	0.48%
Average House Price By State	$215,458	$367,443
Average Property Tax Owed Per Year	$2,693	$1,764
Income After Income Taxes & Property Taxes Based On Median State Household Income	$59,794	$64,362

Iowa vs Delaware Sales Tax Comparison

	Iowa	Delaware
Average State Sales Tax	6.00%	0.00%
Average Local Sales Tax Across the State	0.94%	0.00%
Average Combined Sales Tax Rate	6.94%	0.00%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,880	$0
Maximum Disposable Income Based on Median Household Income	$55,913	$64,362

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

	Iowa	Delaware
Income Tax Owed	$4,786	$4,687
After Tax Income	$35,214	$35,313
Income After Income & Property Tax	$32,521	$33,549
Maximum Disposable Income After Income, Property & Sales Taxes	$30,410	$33,549

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

	Iowa	Delaware
Income Tax Owed	$9,028	$8,725
After Tax Income	$50,972	$51,275
Income After Income & Property Tax	$48,279	$49,511
Maximum Disposable Income After Income, Property & Sales Taxes	$45,146	$49,511

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

	Iowa	Delaware
Income Tax Owed	$14,916	$14,410
After Tax Income	$65,084	$65,590
Income After Income & Property Tax	$62,391	$63,826
Maximum Disposable Income After Income, Property & Sales Taxes	$58,342	$63,826

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

	Iowa	Delaware
Income Tax Owed	$21,015	$20,130
After Tax Income	$78,985	$79,870
Income After Income & Property Tax	$76,292	$78,106
Maximum Disposable Income After Income, Property & Sales Taxes	$71,341	$78,106

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

	Iowa	Delaware
Income Tax Owed	$14,448	$13,621
After Tax Income	$85,552	$86,379
Income After Income & Property Tax	$82,859	$84,615
Maximum Disposable Income After Income, Property & Sales Taxes	$77,482	$84,615

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

	Iowa	Delaware
Income Tax Owed	$28,768	$26,976
After Tax Income	$121,232	$123,024
Income After Income & Property Tax	$118,539	$121,260
Maximum Disposable Income After Income, Property & Sales Taxes	$110,846	$121,260

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

	Iowa	Delaware
Income Tax Owed	$44,033	$41,276
After Tax Income	$155,967	$158,724
Income After Income & Property Tax	$153,274	$156,960
Maximum Disposable Income After Income, Property & Sales Taxes	$143,327	$156,960

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

	Iowa	Delaware
Income Tax Owed	$60,217	$56,495
After Tax Income	$189,783	$193,505
Income After Income & Property Tax	$187,090	$191,741
Maximum Disposable Income After Income, Property & Sales Taxes	$174,948	$191,741

FAQ

Does Iowa or Delaware have lower income taxes?

Iowa’s income tax falls into the following range:

• 0.33%: $0-$1,743
• 0.67%: $1,744-$3,486
• 2.25%: $3,487-$6972
• 4.14%: $6,973-$15,687
• 5.63%: $15,688-$26,145
• 5.96%: $26,146-$34,860
• 6.25%: $34,861-$52,290
• 7.44%: $52,291-$78,435
• 8.53%: $78,436+

Whereas Delaware’s income tax is the following

• 2.20%: $2,000-$,5000
• 3.90%: $5,001-$10,000
• 4.80%: $10,001-$20,000
• 5.20%: $20,001-$25,000
• 5.55%: $25,001-$60,000
• 6.60%: $60,001+

Does Iowa or Delaware have lower property taxes?

Iowa has an average property tax rate of 1.25%

In comparison, Delaware has an average property tax rate of 0.48%

Does Iowa or Delaware have lower sales taxes?

Iowa has a state sales tax rate of 6.00% and an average local rate of 0.94% for a combined total rate of 6.94%.

In contrast, Delaware 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 Iowa or Delaware?

Based on median household income after income, property and sales taxes Iowa gives you a maximum amount of disposable income of $55,913

In comparison, Delaware gives you $64,362.

More Comparisons:

Iowa vs South Dakota
Iowa vs North Dakota
Iowa vs Alaska
Iowa vs Washington DC
Iowa vs Vermont

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/