Kentucky vs Nevada Taxes: Income, Property & Sales

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

Kentucky vs Nevada Income Tax Comparison

	Kentucky	Nevada
Income Tax Rates & Thresholds	5.00%	None
Median Income	$55,880	$72,330
Income Tax Paid On Median Household Income	$7,680	$8,680
Income After Tax Based on Median Household Income	$48,200	$63,650

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Kentucky vs Nevada Property Tax Comparison

	Kentucky	Nevada
Average Property Tax Rate	0.60%	0.44%
Average House Price By State	$201,033	$431,413
Average Property Tax Owed Per Year	$1,206	$1,898
Income After Income Taxes & Property Taxes Based On Median State Household Income	$46,994	$61,752

Kentucky vs Nevada Sales Tax Comparison

	Kentucky	Nevada
Average State Sales Tax	6.00%	6.85%
Average Local Sales Tax Across the State	0.00%	1.38%
Average Combined Sales Tax Rate	6.00%	8.23%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$2,660	$4,696
Maximum Disposable Income Based on Median Household Income	$44,334	$57,056

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

	Kentucky	Nevada
Income Tax Owed	$4,865	$3,040
After Tax Income	$35,135	$36,960
Income After Income & Property Tax	$33,929	$35,062
Maximum Disposable Income After Income, Property & Sales Taxes	$32,008	$32,396

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

	Kentucky	Nevada
Income Tax Owed	$8,793	$5,968
After Tax Income	$51,207	$54,032
Income After Income & Property Tax	$50,001	$52,134
Maximum Disposable Income After Income, Property & Sales Taxes	$47,171	$48,169

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

	Kentucky	Nevada
Income Tax Owed	$14,193	$10,368
After Tax Income	$65,807	$69,632
Income After Income & Property Tax	$64,601	$67,734
Maximum Disposable Income After Income, Property & Sales Taxes	$60,944	$62,583

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

	Kentucky	Nevada
Income Tax Owed	$19,593	$14,768
After Tax Income	$80,407	$85,232
Income After Income & Property Tax	$79,201	$83,334
Maximum Disposable Income After Income, Property & Sales Taxes	$74,718	$76,997

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

	Kentucky	Nevada
Income Tax Owed	$13,081	$8,481
After Tax Income	$86,919	$91,519
Income After Income & Property Tax	$85,713	$89,621
Maximum Disposable Income After Income, Property & Sales Taxes	$80,861	$82,806

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

	Kentucky	Nevada
Income Tax Owed	$25,636	$18,536
After Tax Income	$124,364	$131,464
Income After Income & Property Tax	$123,158	$129,566
Maximum Disposable Income After Income, Property & Sales Taxes	$116,187	$119,713

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

	Kentucky	Nevada
Income Tax Owed	$39,136	$29,536
After Tax Income	$160,864	$170,464
Income After Income & Property Tax	$159,658	$168,566
Maximum Disposable Income After Income, Property & Sales Taxes	$150,621	$155,748

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

	Kentucky	Nevada
Income Tax Owed	$53,555	$41,455
After Tax Income	$196,445	$208,545
Income After Income & Property Tax	$195,239	$206,647
Maximum Disposable Income After Income, Property & Sales Taxes	$184,188	$190,933

FAQ

Does Kentucky or Nevada have lower income taxes?

Kentucky’s income tax falls into the following range: 5.00%

Whereas Nevada’s income tax is the following None

Does Kentucky or Nevada have lower property taxes?

Kentucky has an average property tax rate of 0.60%

In comparison, Nevada has an average property tax rate of 0.44%

Does Kentucky or Nevada 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, Nevada has a state sales tax rate of 6.85% and an average local rate of 1.38% for a combined total rate of 8.23%.

Do you get to keep more money in Kentucky or Nevada?

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, Nevada gives you $57,056.

More Comparisons:

Kentucky vs Arkansas
Kentucky vs Mississippi
Kentucky vs Kansas
Kentucky vs New Mexico
Kentucky vs Nebraska

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/