Iowa vs Rhode Island Taxes: Income, Property & Sales

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

Iowa vs Rhode Island Income Tax Comparison

	Iowa	Rhode Island
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+	3.75%: $0-$68,200 4.75%: $68,201-$155,050 5.99%: $155,051+
Median Income	$76,320	$80,650
Income Tax Paid On Median Household Income	$13,833	$13,023
Income After Tax Based on Median Household Income	$62,487	$67,627

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Iowa vs Rhode Island Property Tax Comparison

	Iowa	Rhode Island
Average Property Tax Rate	1.25%	1.01%
Average House Price By State	$215,458	$442,945
Average Property Tax Owed Per Year	$2,693	$4,474
Income After Income Taxes & Property Taxes Based On Median State Household Income	$59,794	$63,153

Iowa vs Rhode Island Sales Tax Comparison

	Iowa	Rhode Island
Average State Sales Tax	6.00%	7.00%
Average Local Sales Tax Across the State	0.94%	0.00%
Average Combined Sales Tax Rate	6.94%	7.00%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,880	$4,132
Maximum Disposable Income Based on Median Household Income	$55,913	$59,022

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

	Iowa	Rhode Island
Income Tax Owed	$4,786	$4,029
After Tax Income	$35,214	$35,971
Income After Income & Property Tax	$32,521	$31,497
Maximum Disposable Income After Income, Property & Sales Taxes	$30,410	$29,437

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

	Iowa	Rhode Island
Income Tax Owed	$9,028	$7,706
After Tax Income	$50,972	$52,294
Income After Income & Property Tax	$48,279	$47,820
Maximum Disposable Income After Income, Property & Sales Taxes	$45,146	$44,692

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

	Iowa	Rhode Island
Income Tax Owed	$14,916	$12,856
After Tax Income	$65,084	$67,144
Income After Income & Property Tax	$62,391	$62,670
Maximum Disposable Income After Income, Property & Sales Taxes	$58,342	$58,570

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

	Iowa	Rhode Island
Income Tax Owed	$21,015	$18,187
After Tax Income	$78,985	$81,813
Income After Income & Property Tax	$76,292	$77,339
Maximum Disposable Income After Income, Property & Sales Taxes	$71,341	$72,280

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

	Iowa	Rhode Island
Income Tax Owed	$14,448	$11,252
After Tax Income	$85,552	$88,748
Income After Income & Property Tax	$82,859	$84,274
Maximum Disposable Income After Income, Property & Sales Taxes	$77,482	$78,761

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

	Iowa	Rhode Island
Income Tax Owed	$28,768	$23,682
After Tax Income	$121,232	$126,318
Income After Income & Property Tax	$118,539	$121,844
Maximum Disposable Income After Income, Property & Sales Taxes	$110,846	$113,873

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

	Iowa	Rhode Island
Income Tax Owed	$44,033	$37,276
After Tax Income	$155,967	$162,724
Income After Income & Property Tax	$153,274	$158,250
Maximum Disposable Income After Income, Property & Sales Taxes	$143,327	$147,897

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

	Iowa	Rhode Island
Income Tax Owed	$60,217	$52,190
After Tax Income	$189,783	$197,810
Income After Income & Property Tax	$187,090	$193,336
Maximum Disposable Income After Income, Property & Sales Taxes	$174,948	$180,688

FAQ

Does Iowa or Rhode Island 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 Rhode Island’s income tax is the following

• 3.75%: $0-$68,200
• 4.75%: $68,201-$155,050
• 5.99%: $155,051+

Does Iowa or Rhode Island have lower property taxes?

Iowa has an average property tax rate of 1.25%

In comparison, Rhode Island has an average property tax rate of 1.01%

Does Iowa or Rhode Island 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, Rhode Island 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%.

Do you get to keep more money in Iowa or Rhode Island?

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, Rhode Island gives you $59,022.

More Comparisons:

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

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/