Iowa vs Nebraska Taxes: Income, Property & Sales

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

Iowa vs Nebraska Income Tax Comparison

	Iowa	Nebraska
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+	2.46%: $0-$3,440 3.51%: $3,440-$20,590 5.01%: $20,590-$33,180 6.84%: $33,181+
Median Income	$76,320	$78,360
Income Tax Paid On Median Household Income	$13,833	$13,912
Income After Tax Based on Median Household Income	$62,487	$64,448

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Iowa vs Nebraska Property Tax Comparison

	Iowa	Nebraska
Average Property Tax Rate	1.25%	1.36%
Average House Price By State	$215,458	$255,447
Average Property Tax Owed Per Year	$2,693	$3,474
Income After Income Taxes & Property Taxes Based On Median State Household Income	$59,794	$60,974

Iowa vs Nebraska Sales Tax Comparison

	Iowa	Nebraska
Average State Sales Tax	6.00%	5.50%
Average Local Sales Tax Across the State	0.94%	1.44%
Average Combined Sales Tax Rate	6.94%	6.94%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,880	$3,957
Maximum Disposable Income Based on Median Household Income	$55,913	$57,017

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

	Iowa	Nebraska
Income Tax Owed	$4,786	$4,331
After Tax Income	$35,214	$35,669
Income After Income & Property Tax	$32,521	$32,195
Maximum Disposable Income After Income, Property & Sales Taxes	$30,410	$30,106

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

	Iowa	Nebraska
Income Tax Owed	$9,028	$8,617
After Tax Income	$50,972	$51,383
Income After Income & Property Tax	$48,279	$47,909
Maximum Disposable Income After Income, Property & Sales Taxes	$45,146	$44,800

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

	Iowa	Nebraska
Income Tax Owed	$14,916	$14,385
After Tax Income	$65,084	$65,615
Income After Income & Property Tax	$62,391	$62,141
Maximum Disposable Income After Income, Property & Sales Taxes	$58,342	$58,108

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

	Iowa	Nebraska
Income Tax Owed	$21,015	$20,153
After Tax Income	$78,985	$79,847
Income After Income & Property Tax	$76,292	$76,373
Maximum Disposable Income After Income, Property & Sales Taxes	$71,341	$71,417

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

	Iowa	Nebraska
Income Tax Owed	$14,448	$12,445
After Tax Income	$85,552	$87,555
Income After Income & Property Tax	$82,859	$84,081
Maximum Disposable Income After Income, Property & Sales Taxes	$77,482	$78,624

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

	Iowa	Nebraska
Income Tax Owed	$28,768	$25,920
After Tax Income	$121,232	$124,080
Income After Income & Property Tax	$118,539	$120,606
Maximum Disposable Income After Income, Property & Sales Taxes	$110,846	$112,779

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

	Iowa	Nebraska
Income Tax Owed	$44,033	$40,340
After Tax Income	$155,967	$159,660
Income After Income & Property Tax	$153,274	$156,186
Maximum Disposable Income After Income, Property & Sales Taxes	$143,327	$146,050

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

	Iowa	Nebraska
Income Tax Owed	$60,217	$55,679
After Tax Income	$189,783	$194,321
Income After Income & Property Tax	$187,090	$190,847
Maximum Disposable Income After Income, Property & Sales Taxes	$174,948	$178,462

FAQ

Does Iowa or Nebraska 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 Nebraska’s income tax is the following

• 2.46%: $0-$3,440
• 3.51%: $3,440-$20,590
• 5.01%: $20,590-$33,180
• 6.84%: $33,181+

Does Iowa or Nebraska have lower property taxes?

Iowa has an average property tax rate of 1.25%

In comparison, Nebraska has an average property tax rate of 1.36%

Does Iowa or Nebraska 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, Nebraska has a state sales tax rate of 5.50% and an average local rate of 1.44% for a combined total rate of 6.94%.

Do you get to keep more money in Iowa or Nebraska?

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, Nebraska gives you $57,017.

More Comparisons:

Iowa vs Idaho
Iowa vs West Virginia
Iowa vs Hawaii
Iowa vs New Hampshire
Iowa vs Maine

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/