Does Massachusetts or Minnesota have lower taxes? We answer that in a variety of ways below:
Massachusetts vs Minnesota Income Tax Comparison
Massachusetts | Minnesota | |
Income Tax Rates & Thresholds | 5.00% |
|
Median Income | $93,550 | $90,390 |
Income Tax Paid On Median Household Income | $17,806 | $17,516 |
Income After Tax Based on Median Household Income | $75,744 | $72,874 |
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Massachusetts vs Minnesota Property Tax Comparison
Massachusetts | Minnesota | |
Average Property Tax Rate | 0.94% | 0.90% |
Average House Price By State | $608,542 | $336,279 |
Average Property Tax Owed Per Year | $5,720 | $3,027 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $70,024 | $69,847 |
Massachusetts vs Minnesota Sales Tax Comparison
Massachusetts | Minnesota | |
Average State Sales Tax | 6.25% | 6.88% |
Average Local Sales Tax Across the State | 0.00% | 0.61% |
Average Combined Sales Tax Rate | 6.25% | 7.49% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,119 | $4,867 |
Maximum Disposable Income Based on Median Household Income | $65,905 | $64,980 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Massachusetts | Minnesota | |
Income Tax Owed | $4,820 | $4,490 |
After Tax Income | $35,180 | $35,510 |
Income After Income & Property Tax | $29,460 | $32,483 |
Maximum Disposable Income After Income, Property & Sales Taxes | $27,727 | $30,220 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Massachusetts | Minnesota | |
Income Tax Owed | $8,748 | $8,763 |
After Tax Income | $51,252 | $51,237 |
Income After Income & Property Tax | $45,532 | $48,210 |
Maximum Disposable Income After Income, Property & Sales Taxes | $42,853 | $44,851 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Massachusetts | Minnesota | |
Income Tax Owed | $14,148 | $14,523 |
After Tax Income | $65,852 | $65,477 |
Income After Income & Property Tax | $60,132 | $62,450 |
Maximum Disposable Income After Income, Property & Sales Taxes | $56,595 | $58,099 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Massachusetts | Minnesota | |
Income Tax Owed | $19,548 | $20,283 |
After Tax Income | $80,452 | $79,717 |
Income After Income & Property Tax | $74,732 | $76,690 |
Maximum Disposable Income After Income, Property & Sales Taxes | $70,336 | $71,347 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Massachusetts | Minnesota | |
Income Tax Owed | $13,041 | $12,931 |
After Tax Income | $86,959 | $87,069 |
Income After Income & Property Tax | $81,239 | $84,042 |
Maximum Disposable Income After Income, Property & Sales Taxes | $76,460 | $78,186 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Massachusetts | Minnesota | |
Income Tax Owed | $25,596 | $26,386 |
After Tax Income | $124,404 | $123,614 |
Income After Income & Property Tax | $118,684 | $120,587 |
Maximum Disposable Income After Income, Property & Sales Taxes | $111,702 | $112,185 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Massachusetts | Minnesota | |
Income Tax Owed | $39,096 | $40,903 |
After Tax Income | $160,904 | $159,097 |
Income After Income & Property Tax | $155,184 | $156,070 |
Maximum Disposable Income After Income, Property & Sales Taxes | $146,055 | $145,195 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Massachusetts | Minnesota | |
Income Tax Owed | $53,515 | $56,747 |
After Tax Income | $196,485 | $193,253 |
Income After Income & Property Tax | $190,765 | $190,226 |
Maximum Disposable Income After Income, Property & Sales Taxes | $179,543 | $176,971 |
FAQ
Does Massachusetts or Minnesota have lower income taxes?
Massachusetts’s income tax falls into the following range: 5.00%
Whereas Minnesota’s income tax is the following
- 5.35%: $0-$28,080
- 6.80%: $28,081-$92,230
- 7.85%: $92,231-$171,220
- 9.85%: $171,221+
Does Massachusetts or Minnesota have lower property taxes?
Massachusetts has an average property tax rate of 0.94%
In comparison, Minnesota has an average property tax rate of 0.90%
Does Massachusetts or Minnesota have lower sales taxes?
Massachusetts has a state sales tax rate of 6.25% and an average local rate of 0.00% for a combined total rate of 6.25%.
In contrast, Minnesota has a state sales tax rate of 6.88% and an average local rate of 0.61% for a combined total rate of 7.49%.
Do you get to keep more money in Massachusetts or Minnesota?
Based on median household income after income, property and sales taxes Massachusetts gives you a maximum amount of disposable income of $65,905
In comparison, Minnesota gives you $64,980.
More Comparisons:
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Massachusetts vs Louisiana
Massachusetts vs Kentucky
Massachusetts vs Oregon
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