Does Massachusetts or Oklahoma have lower taxes? We answer that in a variety of ways below:
Massachusetts vs Oklahoma Income Tax Comparison
Massachusetts | Oklahoma | |
Income Tax Rates & Thresholds | 5.00% |
|
Median Income | $93,550 | $63,440 |
Income Tax Paid On Median Household Income | $17,806 | $9,200 |
Income After Tax Based on Median Household Income | $75,744 | $54,240 |
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Massachusetts vs Oklahoma Property Tax Comparison
Massachusetts | Oklahoma | |
Average Property Tax Rate | 0.94% | 0.76% |
Average House Price By State | $608,542 | $200,203 |
Average Property Tax Owed Per Year | $5,720 | $1,522 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $70,024 | $52,718 |
Massachusetts vs Oklahoma Sales Tax Comparison
Massachusetts | Oklahoma | |
Average State Sales Tax | 6.25% | 4.50% |
Average Local Sales Tax Across the State | 0.00% | 4.47% |
Average Combined Sales Tax Rate | 6.25% | 8.97% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,119 | $4,340 |
Maximum Disposable Income Based on Median Household Income | $65,905 | $48,379 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Massachusetts | Oklahoma | |
Income Tax Owed | $4,820 | $4,403 |
After Tax Income | $35,180 | $35,597 |
Income After Income & Property Tax | $29,460 | $34,075 |
Maximum Disposable Income After Income, Property & Sales Taxes | $27,727 | $31,270 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Massachusetts | Oklahoma | |
Income Tax Owed | $8,748 | $8,280 |
After Tax Income | $51,252 | $51,720 |
Income After Income & Property Tax | $45,532 | $50,198 |
Maximum Disposable Income After Income, Property & Sales Taxes | $42,853 | $46,066 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Massachusetts | Oklahoma | |
Income Tax Owed | $14,148 | $13,630 |
After Tax Income | $65,852 | $66,370 |
Income After Income & Property Tax | $60,132 | $64,848 |
Maximum Disposable Income After Income, Property & Sales Taxes | $56,595 | $59,510 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Massachusetts | Oklahoma | |
Income Tax Owed | $19,548 | $18,980 |
After Tax Income | $80,452 | $81,020 |
Income After Income & Property Tax | $74,732 | $79,498 |
Maximum Disposable Income After Income, Property & Sales Taxes | $70,336 | $72,954 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Massachusetts | Oklahoma | |
Income Tax Owed | $13,041 | $12,178 |
After Tax Income | $86,959 | $87,822 |
Income After Income & Property Tax | $81,239 | $86,300 |
Maximum Disposable Income After Income, Property & Sales Taxes | $76,460 | $79,197 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Massachusetts | Oklahoma | |
Income Tax Owed | $25,596 | $24,608 |
After Tax Income | $124,404 | $125,392 |
Income After Income & Property Tax | $118,684 | $123,870 |
Maximum Disposable Income After Income, Property & Sales Taxes | $111,702 | $113,674 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Massachusetts | Oklahoma | |
Income Tax Owed | $39,096 | $37,983 |
After Tax Income | $160,904 | $162,017 |
Income After Income & Property Tax | $155,184 | $160,495 |
Maximum Disposable Income After Income, Property & Sales Taxes | $146,055 | $147,284 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Massachusetts | Oklahoma | |
Income Tax Owed | $53,515 | $52,277 |
After Tax Income | $196,485 | $197,723 |
Income After Income & Property Tax | $190,765 | $196,201 |
Maximum Disposable Income After Income, Property & Sales Taxes | $179,543 | $180,051 |
FAQ
Does Massachusetts or Oklahoma have lower income taxes?
Massachusetts’s income tax falls into the following range: 5.00%
Whereas Oklahoma’s income tax is the following
- 0.25%: $0-$1,000
- 0.75%: $1,001-$2,500
- 1.75%: $2,501-$3,750
- 2.75%: $3,751-$4,900
- 3.75%: $4,901-$7,200
- 4.75%: $7,201+
Does Massachusetts or Oklahoma have lower property taxes?
Massachusetts has an average property tax rate of 0.94%
In comparison, Oklahoma has an average property tax rate of 0.76%
Does Massachusetts or Oklahoma 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, Oklahoma has a state sales tax rate of 4.50% and an average local rate of 4.47% for a combined total rate of 8.97%.
Do you get to keep more money in Massachusetts or Oklahoma?
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, Oklahoma gives you $48,379.
More Comparisons:
Massachusetts vs Connecticut
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Massachusetts vs Iowa
Massachusetts vs Nevada
Massachusetts vs Arkansas
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