Does Maryland or Connecticut have lower taxes? We answer that in a variety of ways below:
Maryland vs Connecticut Income Tax Comparison
Maryland | Connecticut | |
Income Tax Rates & Thresholds |
|
|
Median Income | $108,200 | $90,730 |
Income Tax Paid On Median Household Income | $21,525 | $16,444 |
Income After Tax Based on Median Household Income | $86,675 | $74,286 |
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Maryland vs Connecticut Property Tax Comparison
Maryland | Connecticut | |
Average Property Tax Rate | 0.76% | 1.57% |
Average House Price By State | $416,643 | $401,285 |
Average Property Tax Owed Per Year | $3,166 | $6,300 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $83,509 | $67,986 |
Maryland vs Connecticut Sales Tax Comparison
Maryland | 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 | $4,727 | $4,059 |
Maximum Disposable Income Based on Median Household Income | $78,782 | $63,926 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Maryland | Connecticut | |
Income Tax Owed | $4,624 | $4,090 |
After Tax Income | $35,376 | $35,910 |
Income After Income & Property Tax | $32,210 | $29,610 |
Maximum Disposable Income After Income, Property & Sales Taxes | $30,386 | $27,842 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Maryland | Connecticut | |
Income Tax Owed | $8,502 | $8,018 |
After Tax Income | $51,498 | $51,982 |
Income After Income & Property Tax | $48,332 | $45,682 |
Maximum Disposable Income After Income, Property & Sales Taxes | $45,596 | $42,954 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Maryland | Connecticut | |
Income Tax Owed | $13,852 | $13,493 |
After Tax Income | $66,148 | $66,507 |
Income After Income & Property Tax | $62,982 | $60,207 |
Maximum Disposable Income After Income, Property & Sales Taxes | $59,417 | $56,612 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Maryland | Connecticut | |
Income Tax Owed | $19,202 | $18,993 |
After Tax Income | $80,798 | $81,007 |
Income After Income & Property Tax | $77,632 | $74,707 |
Maximum Disposable Income After Income, Property & Sales Taxes | $73,237 | $70,246 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Maryland | Connecticut | |
Income Tax Owed | $12,651 | $11,881 |
After Tax Income | $87,349 | $88,119 |
Income After Income & Property Tax | $84,183 | $81,819 |
Maximum Disposable Income After Income, Property & Sales Taxes | $79,417 | $76,934 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Maryland | Connecticut | |
Income Tax Owed | $25,081 | $24,566 |
After Tax Income | $124,919 | $125,434 |
Income After Income & Property Tax | $121,753 | $119,134 |
Maximum Disposable Income After Income, Property & Sales Taxes | $114,861 | $112,021 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Maryland | Connecticut | |
Income Tax Owed | $38,588 | $38,316 |
After Tax Income | $161,412 | $161,684 |
Income After Income & Property Tax | $158,246 | $155,384 |
Maximum Disposable Income After Income, Property & Sales Taxes | $149,288 | $146,106 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Maryland | Connecticut | |
Income Tax Owed | $53,167 | $53,115 |
After Tax Income | $196,833 | $196,885 |
Income After Income & Property Tax | $193,667 | $190,585 |
Maximum Disposable Income After Income, Property & Sales Taxes | $182,704 | $179,205 |
FAQ
Does Maryland or Connecticut have lower income taxes?
Maryland’s income tax falls into the following range:
- 2.00%: $0-$1,000
- 3.00%: $1,001-$2,000
- 4.00%: $2,001-$3,000
- 4.75%: $3,001-$100,000
- 5.00%: $100,001-$125,000
- 5.25%: $125,001-$150,000
- 5.50%: $150,001-$250,000
- 5.75%: $250,001+
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 Maryland or Connecticut have lower property taxes?
Maryland has an average property tax rate of 0.76%
In comparison, Connecticut has an average property tax rate of 1.57%
Does Maryland or Connecticut have lower sales taxes?
Maryland 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 Maryland or Connecticut?
Based on median household income after income, property and sales taxes Maryland gives you a maximum amount of disposable income of $78,782
In comparison, Connecticut gives you $63,926.
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