Iowa vs West Virginia Taxes: Income, Property & Sales

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

Iowa vs West Virginia Income Tax Comparison

	Iowa	West Virginia
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+	3.00%: $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+
Median Income	$76,320	$52,460
Income Tax Paid On Median Household Income	$13,833	$6,738
Income After Tax Based on Median Household Income	$62,487	$45,722

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Iowa vs West Virginia Property Tax Comparison

	Iowa	West Virginia
Average Property Tax Rate	1.25%	0.47%
Average House Price By State	$215,458	$155,687
Average Property Tax Owed Per Year	$2,693	$732
Income After Income Taxes & Property Taxes Based On Median State Household Income	$59,794	$44,990

Iowa vs West Virginia Sales Tax Comparison

	Iowa	West Virginia
Average State Sales Tax	6.00%	6.00%
Average Local Sales Tax Across the State	0.94%	0.52%
Average Combined Sales Tax Rate	6.94%	6.52%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,880	$2,754
Maximum Disposable Income Based on Median Household Income	$55,913	$42,236

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

	Iowa	West Virginia
Income Tax Owed	$4,786	$4,525
After Tax Income	$35,214	$35,475
Income After Income & Property Tax	$32,521	$34,743
Maximum Disposable Income After Income, Property & Sales Taxes	$30,410	$32,617

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

	Iowa	West Virginia
Income Tax Owed	$9,028	$8,623
After Tax Income	$50,972	$51,377
Income After Income & Property Tax	$48,279	$50,645
Maximum Disposable Income After Income, Property & Sales Taxes	$45,146	$47,545

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

	Iowa	West Virginia
Income Tax Owed	$14,916	$8,623
After Tax Income	$65,084	$71,377
Income After Income & Property Tax	$62,391	$70,645
Maximum Disposable Income After Income, Property & Sales Taxes	$58,342	$66,321

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

	Iowa	West Virginia
Income Tax Owed	$21,015	$20,013
After Tax Income	$78,985	$79,987
Income After Income & Property Tax	$76,292	$79,255
Maximum Disposable Income After Income, Property & Sales Taxes	$71,341	$74,404

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

	Iowa	West Virginia
Income Tax Owed	$14,448	$13,596
After Tax Income	$85,552	$86,404
Income After Income & Property Tax	$82,859	$85,672
Maximum Disposable Income After Income, Property & Sales Taxes	$77,482	$80,428

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

	Iowa	West Virginia
Income Tax Owed	$28,768	$26,901
After Tax Income	$121,232	$123,099
Income After Income & Property Tax	$118,539	$122,367
Maximum Disposable Income After Income, Property & Sales Taxes	$110,846	$114,877

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

	Iowa	West Virginia
Income Tax Owed	$44,033	$41,151
After Tax Income	$155,967	$158,849
Income After Income & Property Tax	$153,274	$158,117
Maximum Disposable Income After Income, Property & Sales Taxes	$143,327	$148,439

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

	Iowa	West Virginia
Income Tax Owed	$60,217	$56,320
After Tax Income	$189,783	$193,680
Income After Income & Property Tax	$187,090	$192,948
Maximum Disposable Income After Income, Property & Sales Taxes	$174,948	$181,138

FAQ

Does Iowa or West Virginia 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 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 Iowa or West Virginia have lower property taxes?

Iowa has an average property tax rate of 1.25%

In comparison, West Virginia has an average property tax rate of 0.47%

Does Iowa or West Virginia 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, 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 Iowa or West Virginia?

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, West Virginia gives you $42,236.

More Comparisons:

Iowa vs Hawaii
Iowa vs New Hampshire
Iowa vs Maine
Iowa vs Montana
Iowa vs Rhode Island

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/