Does Maryland or Rhode Island have lower taxes? We answer that in a variety of ways below:
Maryland vs Rhode Island Income Tax Comparison
Maryland | Rhode Island | |
Income Tax Rates & Thresholds |
|
|
Median Income | $108,200 | $80,650 |
Income Tax Paid On Median Household Income | $21,525 | $13,023 |
Income After Tax Based on Median Household Income | $86,675 | $67,627 |
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Maryland vs Rhode Island Property Tax Comparison
Maryland | Rhode Island | |
Average Property Tax Rate | 0.76% | 1.01% |
Average House Price By State | $416,643 | $442,945 |
Average Property Tax Owed Per Year | $3,166 | $4,474 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $83,509 | $63,153 |
Maryland vs Rhode Island Sales Tax Comparison
Maryland | Rhode Island | |
Average State Sales Tax | 6.00% | 7.00% |
Average Local Sales Tax Across the State | 0.00% | 0.00% |
Average Combined Sales Tax Rate | 6.00% | 7.00% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,727 | $4,132 |
Maximum Disposable Income Based on Median Household Income | $78,782 | $59,022 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Maryland | Rhode Island | |
Income Tax Owed | $4,624 | $4,029 |
After Tax Income | $35,376 | $35,971 |
Income After Income & Property Tax | $32,210 | $31,497 |
Maximum Disposable Income After Income, Property & Sales Taxes | $30,386 | $29,437 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Maryland | Rhode Island | |
Income Tax Owed | $8,502 | $7,706 |
After Tax Income | $51,498 | $52,294 |
Income After Income & Property Tax | $48,332 | $47,820 |
Maximum Disposable Income After Income, Property & Sales Taxes | $45,596 | $44,692 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Maryland | Rhode Island | |
Income Tax Owed | $13,852 | $12,856 |
After Tax Income | $66,148 | $67,144 |
Income After Income & Property Tax | $62,982 | $62,670 |
Maximum Disposable Income After Income, Property & Sales Taxes | $59,417 | $58,570 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Maryland | Rhode Island | |
Income Tax Owed | $19,202 | $18,187 |
After Tax Income | $80,798 | $81,813 |
Income After Income & Property Tax | $77,632 | $77,339 |
Maximum Disposable Income After Income, Property & Sales Taxes | $73,237 | $72,280 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Maryland | Rhode Island | |
Income Tax Owed | $12,651 | $11,252 |
After Tax Income | $87,349 | $88,748 |
Income After Income & Property Tax | $84,183 | $84,274 |
Maximum Disposable Income After Income, Property & Sales Taxes | $79,417 | $78,761 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Maryland | Rhode Island | |
Income Tax Owed | $25,081 | $23,682 |
After Tax Income | $124,919 | $126,318 |
Income After Income & Property Tax | $121,753 | $121,844 |
Maximum Disposable Income After Income, Property & Sales Taxes | $114,861 | $113,873 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Maryland | Rhode Island | |
Income Tax Owed | $38,588 | $37,276 |
After Tax Income | $161,412 | $162,724 |
Income After Income & Property Tax | $158,246 | $158,250 |
Maximum Disposable Income After Income, Property & Sales Taxes | $149,288 | $147,897 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Maryland | Rhode Island | |
Income Tax Owed | $53,167 | $52,190 |
After Tax Income | $196,833 | $197,810 |
Income After Income & Property Tax | $193,667 | $193,336 |
Maximum Disposable Income After Income, Property & Sales Taxes | $182,704 | $180,688 |
FAQ
Does Maryland or Rhode Island 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 Rhode Island’s income tax is the following
- 3.75%: $0-$68,200
- 4.75%: $68,201-$155,050
- 5.99%: $155,051+
Does Maryland or Rhode Island have lower property taxes?
Maryland has an average property tax rate of 0.76%
In comparison, Rhode Island has an average property tax rate of 1.01%
Does Maryland or Rhode Island 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, Rhode Island has a state sales tax rate of 7.00% and an average local rate of 0.00% for a combined total rate of 7.00%.
Do you get to keep more money in Maryland or Rhode Island?
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, Rhode Island gives you $59,022.
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