Kentucky vs Wyoming Taxes: Income, Property & Sales

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

Kentucky vs Wyoming Income Tax Comparison

	Kentucky	Wyoming
Income Tax Rates & Thresholds	5.00%	None
Median Income	$55,880	$73,090
Income Tax Paid On Median Household Income	$7,680	$8,848
Income After Tax Based on Median Household Income	$48,200	$64,242

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Kentucky vs Wyoming Property Tax Comparison

	Kentucky	Wyoming
Average Property Tax Rate	0.60%	0.64%
Average House Price By State	$201,033	$337,102
Average Property Tax Owed Per Year	$1,206	$2,157
Income After Income Taxes & Property Taxes Based On Median State Household Income	$46,994	$62,085

Kentucky vs Wyoming Sales Tax Comparison

	Kentucky	Wyoming
Average State Sales Tax	6.00%	4.00%
Average Local Sales Tax Across the State	0.00%	1.22%
Average Combined Sales Tax Rate	6.00%	5.22%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$2,660	$3,080
Maximum Disposable Income Based on Median Household Income	$44,334	$59,005

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

	Kentucky	Wyoming
Income Tax Owed	$4,865	$3,040
After Tax Income	$35,135	$36,960
Income After Income & Property Tax	$33,929	$34,803
Maximum Disposable Income After Income, Property & Sales Taxes	$32,008	$33,076

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

	Kentucky	Wyoming
Income Tax Owed	$8,793	$5,968
After Tax Income	$51,207	$54,032
Income After Income & Property Tax	$50,001	$51,875
Maximum Disposable Income After Income, Property & Sales Taxes	$47,171	$49,301

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

	Kentucky	Wyoming
Income Tax Owed	$14,193	$10,368
After Tax Income	$65,807	$69,632
Income After Income & Property Tax	$64,601	$67,475
Maximum Disposable Income After Income, Property & Sales Taxes	$60,944	$64,127

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

	Kentucky	Wyoming
Income Tax Owed	$19,593	$14,768
After Tax Income	$80,407	$85,232
Income After Income & Property Tax	$79,201	$83,075
Maximum Disposable Income After Income, Property & Sales Taxes	$74,718	$78,953

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

	Kentucky	Wyoming
Income Tax Owed	$13,081	$8,481
After Tax Income	$86,919	$91,519
Income After Income & Property Tax	$85,713	$89,362
Maximum Disposable Income After Income, Property & Sales Taxes	$80,861	$84,928

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

	Kentucky	Wyoming
Income Tax Owed	$25,636	$18,536
After Tax Income	$124,364	$131,464
Income After Income & Property Tax	$123,158	$129,307
Maximum Disposable Income After Income, Property & Sales Taxes	$116,187	$122,892

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

	Kentucky	Wyoming
Income Tax Owed	$39,136	$29,536
After Tax Income	$160,864	$170,464
Income After Income & Property Tax	$159,658	$168,307
Maximum Disposable Income After Income, Property & Sales Taxes	$150,621	$159,957

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

	Kentucky	Wyoming
Income Tax Owed	$53,555	$41,455
After Tax Income	$196,445	$208,545
Income After Income & Property Tax	$195,239	$206,388
Maximum Disposable Income After Income, Property & Sales Taxes	$184,188	$196,149

FAQ

Does Kentucky or Wyoming have lower income taxes?

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

Whereas Wyoming’s income tax is the following None

Does Kentucky or Wyoming have lower property taxes?

Kentucky has an average property tax rate of 0.60%

In comparison, Wyoming has an average property tax rate of 0.64%

Does Kentucky or Wyoming 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, Wyoming has a state sales tax rate of 4.00% and an average local rate of 1.22% for a combined total rate of 5.22%.

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

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, Wyoming gives you $59,005.

More Comparisons:

Oregon vs Oklahoma
Oregon vs Connecticut
Oregon vs Utah
Oregon vs Iowa
Oregon vs Nevada

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/