Does Louisiana or Iowa have lower taxes? We answer that in a variety of ways below:
Louisiana vs Iowa Income Tax Comparison
Louisiana | Iowa | |
Income Tax Rates & Thresholds |
|
|
Median Income | $58,330 | $76,320 |
Income Tax Paid On Median Household Income | $7,307 | $13,833 |
Income After Tax Based on Median Household Income | $51,023 | $62,487 |
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Louisiana vs Iowa Property Tax Comparison
Louisiana | Iowa | |
Average Property Tax Rate | 0.53% | 1.25% |
Average House Price By State | $200,947 | $215,458 |
Average Property Tax Owed Per Year | $1,065 | $2,693 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $49,958 | $59,794 |
Louisiana vs Iowa Sales Tax Comparison
Louisiana | Iowa | |
Average State Sales Tax | 4.45% | 6.00% |
Average Local Sales Tax Across the State | 5.10% | 0.94% |
Average Combined Sales Tax Rate | 9.55% | 6.94% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,355 | $3,880 |
Maximum Disposable Income Based on Median Household Income | $45,603 | $55,913 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Louisiana | Iowa | |
Income Tax Owed | $4,077 | $4,786 |
After Tax Income | $35,923 | $35,214 |
Income After Income & Property Tax | $34,858 | $32,521 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,819 | $30,410 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Louisiana | Iowa | |
Income Tax Owed | $7,745 | $9,028 |
After Tax Income | $52,255 | $50,972 |
Income After Income & Property Tax | $51,190 | $48,279 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,728 | $45,146 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Louisiana | Iowa | |
Income Tax Owed | $12,995 | $14,916 |
After Tax Income | $67,005 | $65,084 |
Income After Income & Property Tax | $65,940 | $62,391 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,192 | $58,342 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Louisiana | Iowa | |
Income Tax Owed | $18,245 | $21,015 |
After Tax Income | $81,755 | $78,985 |
Income After Income & Property Tax | $80,690 | $76,292 |
Maximum Disposable Income After Income, Property & Sales Taxes | $73,656 | $71,341 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Louisiana | Iowa | |
Income Tax Owed | $11,253 | $14,448 |
After Tax Income | $88,747 | $85,552 |
Income After Income & Property Tax | $87,682 | $82,859 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,038 | $77,482 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Louisiana | Iowa | |
Income Tax Owed | $23,366 | $28,768 |
After Tax Income | $126,634 | $121,232 |
Income After Income & Property Tax | $125,569 | $118,539 |
Maximum Disposable Income After Income, Property & Sales Taxes | $114,623 | $110,846 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Louisiana | Iowa | |
Income Tax Owed | $36,491 | $44,033 |
After Tax Income | $163,509 | $155,967 |
Income After Income & Property Tax | $162,444 | $153,274 |
Maximum Disposable Income After Income, Property & Sales Taxes | $148,283 | $143,327 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Louisiana | Iowa | |
Income Tax Owed | $50,535 | $60,217 |
After Tax Income | $199,465 | $189,783 |
Income After Income & Property Tax | $198,400 | $187,090 |
Maximum Disposable Income After Income, Property & Sales Taxes | $181,105 | $174,948 |
FAQ
Does Louisiana or Iowa 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 Iowa’s income tax is the following
- 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+
Does Louisiana or Iowa have lower property taxes?
Louisiana has an average property tax rate of 0.53%
In comparison, Iowa has an average property tax rate of 1.25%
Does Louisiana or Iowa 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, 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%.
Do you get to keep more money in Louisiana or Iowa?
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, Iowa gives you $55,913.
More Comparisons:
Louisiana vs Nevada
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Louisiana vs Mississippi
Louisiana vs Kansas
Louisiana vs New Mexico
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