Does Maryland or Idaho have lower taxes? We answer that in a variety of ways below:
Maryland vs Idaho Income Tax Comparison
Maryland | Idaho | |
Income Tax Rates & Thresholds |
|
|
Median Income | $108,200 | $72,580 |
Income Tax Paid On Median Household Income | $21,525 | $13,701 |
Income After Tax Based on Median Household Income | $86,675 | $58,879 |
Top Accounting Software:
Maryland vs Idaho Property Tax Comparison
Maryland | Idaho | |
Average Property Tax Rate | 0.76% | 0.46% |
Average House Price By State | $416,643 | $443,638 |
Average Property Tax Owed Per Year | $3,166 | $2,041 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $83,509 | $56,838 |
Maryland vs Idaho Sales Tax Comparison
Maryland | Idaho | |
Average State Sales Tax | 6.00% | 6.00% |
Average Local Sales Tax Across the State | 0.00% | 0.02% |
Average Combined Sales Tax Rate | 6.00% | 6.02% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,727 | $3,227 |
Maximum Disposable Income Based on Median Household Income | $78,782 | $53,611 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Maryland | Idaho | |
Income Tax Owed | $4,624 | $4,441 |
After Tax Income | $35,376 | $35,559 |
Income After Income & Property Tax | $32,210 | $33,518 |
Maximum Disposable Income After Income, Property & Sales Taxes | $30,386 | $31,615 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Maryland | Idaho | |
Income Tax Owed | $8,502 | $8,568 |
After Tax Income | $51,498 | $51,432 |
Income After Income & Property Tax | $48,332 | $49,391 |
Maximum Disposable Income After Income, Property & Sales Taxes | $45,596 | $46,587 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Maryland | Idaho | |
Income Tax Owed | $13,852 | $14,168 |
After Tax Income | $66,148 | $65,832 |
Income After Income & Property Tax | $62,982 | $63,791 |
Maximum Disposable Income After Income, Property & Sales Taxes | $59,417 | $60,169 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Maryland | Idaho | |
Income Tax Owed | $19,202 | $19,768 |
After Tax Income | $80,798 | $80,232 |
Income After Income & Property Tax | $77,632 | $78,191 |
Maximum Disposable Income After Income, Property & Sales Taxes | $73,237 | $73,751 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Maryland | Idaho | |
Income Tax Owed | $12,651 | $12,482 |
After Tax Income | $87,349 | $87,518 |
Income After Income & Property Tax | $84,183 | $85,477 |
Maximum Disposable Income After Income, Property & Sales Taxes | $79,417 | $80,624 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Maryland | Idaho | |
Income Tax Owed | $25,081 | $25,537 |
After Tax Income | $124,919 | $124,463 |
Income After Income & Property Tax | $121,753 | $122,422 |
Maximum Disposable Income After Income, Property & Sales Taxes | $114,861 | $115,471 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Maryland | Idaho | |
Income Tax Owed | $38,588 | $39,537 |
After Tax Income | $161,412 | $160,463 |
Income After Income & Property Tax | $158,246 | $158,422 |
Maximum Disposable Income After Income, Property & Sales Taxes | $149,288 | $149,427 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Maryland | Idaho | |
Income Tax Owed | $53,167 | $54,456 |
After Tax Income | $196,833 | $195,544 |
Income After Income & Property Tax | $193,667 | $193,503 |
Maximum Disposable Income After Income, Property & Sales Taxes | $182,704 | $182,516 |
FAQ
Does Maryland or Idaho 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 Idaho’s income tax is the following
- 1.00%: $0-$1,662
- 3.00%: $1,663-$4,987
- 4.50%: $4,988-$8,311
- 6.00%: $8,312+
Does Maryland or Idaho have lower property taxes?
Maryland has an average property tax rate of 0.76%
In comparison, Idaho has an average property tax rate of 0.46%
Does Maryland or Idaho 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, Idaho has a state sales tax rate of 6.00% and an average local rate of 0.02% for a combined total rate of 6.02%.
Do you get to keep more money in Maryland or Idaho?
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, Idaho gives you $53,611.
More Comparisons:
Maryland vs West Virginia
Maryland vs Hawaii
Maryland vs New Hampshire
Maryland vs Maine
Maryland vs Montana
Sources: