Does Kentucky or Connecticut have lower taxes? We answer that in a variety of ways below:
Kentucky vs Connecticut Income Tax Comparison
Kentucky | Connecticut | |
Income Tax Rates & Thresholds | 5.00% |
|
Median Income | $55,880 | $90,730 |
Income Tax Paid On Median Household Income | $7,680 | $16,444 |
Income After Tax Based on Median Household Income | $48,200 | $74,286 |
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Kentucky vs Connecticut Property Tax Comparison
Kentucky | Connecticut | |
Average Property Tax Rate | 0.60% | 1.57% |
Average House Price By State | $201,033 | $401,285 |
Average Property Tax Owed Per Year | $1,206 | $6,300 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $46,994 | $67,986 |
Kentucky vs Connecticut Sales Tax Comparison
Kentucky | Connecticut | |
Average State Sales Tax | 6.00% | 6.35% |
Average Local Sales Tax Across the State | 0.00% | 0.00% |
Average Combined Sales Tax Rate | 6.00% | 6.35% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $2,660 | $4,059 |
Maximum Disposable Income Based on Median Household Income | $44,334 | $63,926 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Kentucky | Connecticut | |
Income Tax Owed | $4,865 | $4,090 |
After Tax Income | $35,135 | $35,910 |
Income After Income & Property Tax | $33,929 | $29,610 |
Maximum Disposable Income After Income, Property & Sales Taxes | $32,008 | $27,842 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Kentucky | Connecticut | |
Income Tax Owed | $8,793 | $8,018 |
After Tax Income | $51,207 | $51,982 |
Income After Income & Property Tax | $50,001 | $45,682 |
Maximum Disposable Income After Income, Property & Sales Taxes | $47,171 | $42,954 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Kentucky | Connecticut | |
Income Tax Owed | $14,193 | $13,493 |
After Tax Income | $65,807 | $66,507 |
Income After Income & Property Tax | $64,601 | $60,207 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,944 | $56,612 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Kentucky | Connecticut | |
Income Tax Owed | $19,593 | $18,993 |
After Tax Income | $80,407 | $81,007 |
Income After Income & Property Tax | $79,201 | $74,707 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,718 | $70,246 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Kentucky | Connecticut | |
Income Tax Owed | $13,081 | $11,881 |
After Tax Income | $86,919 | $88,119 |
Income After Income & Property Tax | $85,713 | $81,819 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,861 | $76,934 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Kentucky | Connecticut | |
Income Tax Owed | $25,636 | $24,566 |
After Tax Income | $124,364 | $125,434 |
Income After Income & Property Tax | $123,158 | $119,134 |
Maximum Disposable Income After Income, Property & Sales Taxes | $116,187 | $112,021 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Kentucky | Connecticut | |
Income Tax Owed | $39,136 | $38,316 |
After Tax Income | $160,864 | $161,684 |
Income After Income & Property Tax | $159,658 | $155,384 |
Maximum Disposable Income After Income, Property & Sales Taxes | $150,621 | $146,106 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Kentucky | Connecticut | |
Income Tax Owed | $53,555 | $53,115 |
After Tax Income | $196,445 | $196,885 |
Income After Income & Property Tax | $195,239 | $190,585 |
Maximum Disposable Income After Income, Property & Sales Taxes | $184,188 | $179,205 |
FAQ
Does Kentucky or Connecticut have lower income taxes?
Kentucky’s income tax falls into the following range: 5.00%
Whereas Connecticut’s income tax is the following
- 3.00%: $0-$10,000
- 5.00%: $10,000-$50,000
- 5.50%: $50,001-$100,000
- 6.00%: $100,001-$200,000
- 6.50%: $200,001-$250,000
- 6.90%: $250,001-$500,000
- 6.99%: $500,001+
Does Kentucky or Connecticut have lower property taxes?
Kentucky has an average property tax rate of 0.60%
In comparison, Connecticut has an average property tax rate of 1.57%
Does Kentucky or Connecticut have lower sales taxes?
Kentucky has a state sales tax rate of 6.00% and an average local rate of 0.00% for a combined total rate of 6.00%.
In contrast, Connecticut has a state sales tax rate of 6.35% and an average local rate of 0.00% for a combined total rate of 6.35%.
Do you get to keep more money in Kentucky or Connecticut?
Based on median household income after income, property and sales taxes Kentucky gives you a maximum amount of disposable income of $44,334
In comparison, Connecticut gives you $63,926.
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