Does Michigan or Louisiana have lower taxes? We answer that in a variety of ways below:
Michigan vs Louisiana Income Tax Comparison
Michigan | Louisiana | |
Income Tax Rates & Thresholds | 4.25% |
|
Median Income | $68,990 | $58,330 |
Income Tax Paid On Median Household Income | $10,665 | $7,307 |
Income After Tax Based on Median Household Income | $58,325 | $51,023 |
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Michigan vs Louisiana Property Tax Comparison
Michigan | Louisiana | |
Average Property Tax Rate | 1.06% | 0.53% |
Average House Price By State | $233,019 | $200,947 |
Average Property Tax Owed Per Year | $2,470 | $1,065 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $55,855 | $49,958 |
Michigan vs Louisiana Sales Tax Comparison
Michigan | Louisiana | |
Average State Sales Tax | 6.00% | 4.45% |
Average Local Sales Tax Across the State | 0.00% | 5.10% |
Average Combined Sales Tax Rate | 6.00% | 9.55% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,162 | $4,355 |
Maximum Disposable Income Based on Median Household Income | $52,693 | $45,603 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Michigan | Louisiana | |
Income Tax Owed | $4,528 | $4,077 |
After Tax Income | $35,472 | $35,923 |
Income After Income & Property Tax | $33,002 | $34,858 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,134 | $31,819 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Michigan | Louisiana | |
Income Tax Owed | $8,305 | $7,745 |
After Tax Income | $51,695 | $52,255 |
Income After Income & Property Tax | $49,225 | $51,190 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,439 | $46,728 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Michigan | Louisiana | |
Income Tax Owed | $13,555 | $12,995 |
After Tax Income | $66,445 | $67,005 |
Income After Income & Property Tax | $63,975 | $65,940 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,354 | $60,192 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Michigan | Louisiana | |
Income Tax Owed | $18,805 | $18,245 |
After Tax Income | $81,195 | $81,755 |
Income After Income & Property Tax | $78,725 | $80,690 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,269 | $73,656 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Michigan | Louisiana | |
Income Tax Owed | $12,306 | $11,253 |
After Tax Income | $87,694 | $88,747 |
Income After Income & Property Tax | $85,224 | $87,682 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,400 | $80,038 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Michigan | Louisiana | |
Income Tax Owed | $24,486 | $23,366 |
After Tax Income | $125,514 | $126,634 |
Income After Income & Property Tax | $123,044 | $125,569 |
Maximum Disposable Income After Income, Property & Sales Taxes | $116,079 | $114,623 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Michigan | Louisiana | |
Income Tax Owed | $37,611 | $36,491 |
After Tax Income | $162,389 | $163,509 |
Income After Income & Property Tax | $159,919 | $162,444 |
Maximum Disposable Income After Income, Property & Sales Taxes | $150,867 | $148,283 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Michigan | Louisiana | |
Income Tax Owed | $51,655 | $50,535 |
After Tax Income | $198,345 | $199,465 |
Income After Income & Property Tax | $195,875 | $198,400 |
Maximum Disposable Income After Income, Property & Sales Taxes | $184,788 | $181,105 |
FAQ
Does Michigan or Louisiana have lower income taxes?
Michigan’s income tax falls into the following range: 4.25%
Whereas Louisiana’s income tax is the following
- 1.85%: $0-$12,500
- 3.50%: $12,501-$50,000
- 4.25%: $50,001+
Does Michigan or Louisiana have lower property taxes?
Michigan has an average property tax rate of 1.06%
In comparison, Louisiana has an average property tax rate of 0.53%
Does Michigan or Louisiana have lower sales taxes?
Michigan 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, Louisiana has a state sales tax rate of 4.45% and an average local rate of 5.10% for a combined total rate of 9.55%.
Do you get to keep more money in Michigan or Louisiana?
Based on median household income after income, property and sales taxes Michigan gives you a maximum amount of disposable income of $52,693
In comparison, Louisiana gives you $45,603.
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