Does Louisiana or Arkansas have lower taxes? We answer that in a variety of ways below:
Louisiana vs Arkansas Income Tax Comparison
Louisiana | Arkansas | |
Income Tax Rates & Thresholds |
|
|
Median Income | $58,330 | $53,980 |
Income Tax Paid On Median Household Income | $7,307 | $7,352 |
Income After Tax Based on Median Household Income | $51,023 | $46,628 |
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Louisiana vs Arkansas Property Tax Comparison
Louisiana | Arkansas | |
Average Property Tax Rate | 0.53% | 0.53% |
Average House Price By State | $200,947 | $199,284 |
Average Property Tax Owed Per Year | $1,065 | $1,056 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $49,958 | $45,572 |
Louisiana vs Arkansas Sales Tax Comparison
Louisiana | Arkansas | |
Average State Sales Tax | 4.45% | 6.50% |
Average Local Sales Tax Across the State | 5.10% | 2.97% |
Average Combined Sales Tax Rate | 9.55% | 9.47% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,355 | $3,942 |
Maximum Disposable Income Based on Median Household Income | $45,603 | $41,629 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Louisiana | Arkansas | |
Income Tax Owed | $4,077 | $4,906 |
After Tax Income | $35,923 | $35,094 |
Income After Income & Property Tax | $34,858 | $34,038 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,819 | $31,093 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Louisiana | Arkansas | |
Income Tax Owed | $7,745 | $8,933 |
After Tax Income | $52,255 | $51,067 |
Income After Income & Property Tax | $51,190 | $50,011 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,728 | $45,684 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Louisiana | Arkansas | |
Income Tax Owed | $12,995 | $14,433 |
After Tax Income | $67,005 | $65,567 |
Income After Income & Property Tax | $65,940 | $64,511 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,192 | $58,930 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Louisiana | Arkansas | |
Income Tax Owed | $18,245 | $19,933 |
After Tax Income | $81,755 | $80,067 |
Income After Income & Property Tax | $80,690 | $79,011 |
Maximum Disposable Income After Income, Property & Sales Taxes | $73,656 | $72,176 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Louisiana | Arkansas | |
Income Tax Owed | $11,253 | $13,525 |
After Tax Income | $88,747 | $86,475 |
Income After Income & Property Tax | $87,682 | $85,419 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,038 | $78,029 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Louisiana | Arkansas | |
Income Tax Owed | $23,366 | $26,330 |
After Tax Income | $126,634 | $123,670 |
Income After Income & Property Tax | $125,569 | $122,614 |
Maximum Disposable Income After Income, Property & Sales Taxes | $114,623 | $112,007 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Louisiana | Arkansas | |
Income Tax Owed | $36,491 | $40,080 |
After Tax Income | $163,509 | $159,920 |
Income After Income & Property Tax | $162,444 | $158,864 |
Maximum Disposable Income After Income, Property & Sales Taxes | $148,283 | $145,121 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Louisiana | Arkansas | |
Income Tax Owed | $50,535 | $54,749 |
After Tax Income | $199,465 | $195,251 |
Income After Income & Property Tax | $198,400 | $194,195 |
Maximum Disposable Income After Income, Property & Sales Taxes | $181,105 | $177,395 |
FAQ
Does Louisiana or Arkansas have lower income taxes?
Louisiana’s income tax falls into the following range:
- 1.85%: $0-$12,500
- 3.50%: $12,501-$50,000
- 4.25%: $50,001+
Whereas Arkansas’s income tax is the following
- 2.00%: $0-$4,300
- 4.00%: $4,300-$8,500
- 4.90%: $8,501+
Does Louisiana or Arkansas have lower property taxes?
Louisiana has an average property tax rate of 0.53%
In comparison, Arkansas has an average property tax rate of 0.53%
Does Louisiana or Arkansas have lower sales taxes?
Louisiana has a state sales tax rate of 4.45% and an average local rate of 5.10% for a combined total rate of 9.55%.
In contrast, Arkansas has a state sales tax rate of 6.50% and an average local rate of 2.97% for a combined total rate of 9.47%.
Do you get to keep more money in Louisiana or Arkansas?
Based on median household income after income, property and sales taxes Louisiana gives you a maximum amount of disposable income of $45,603
In comparison, Arkansas gives you $41,629.
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