Does Michigan or Rhode Island have lower taxes? We answer that in a variety of ways below:
Michigan vs Rhode Island Income Tax Comparison
Michigan | Rhode Island | |
Income Tax Rates & Thresholds | 4.25% |
|
Median Income | $68,990 | $80,650 |
Income Tax Paid On Median Household Income | $10,665 | $13,023 |
Income After Tax Based on Median Household Income | $58,325 | $67,627 |
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Michigan vs Rhode Island Property Tax Comparison
Michigan | Rhode Island | |
Average Property Tax Rate | 1.06% | 1.01% |
Average House Price By State | $233,019 | $442,945 |
Average Property Tax Owed Per Year | $2,470 | $4,474 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $55,855 | $63,153 |
Michigan vs Rhode Island Sales Tax Comparison
Michigan | 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 | $3,162 | $4,132 |
Maximum Disposable Income Based on Median Household Income | $52,693 | $59,022 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Michigan | Rhode Island | |
Income Tax Owed | $4,528 | $4,029 |
After Tax Income | $35,472 | $35,971 |
Income After Income & Property Tax | $33,002 | $31,497 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,134 | $29,437 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Michigan | Rhode Island | |
Income Tax Owed | $8,305 | $7,706 |
After Tax Income | $51,695 | $52,294 |
Income After Income & Property Tax | $49,225 | $47,820 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,439 | $44,692 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Michigan | Rhode Island | |
Income Tax Owed | $13,555 | $12,856 |
After Tax Income | $66,445 | $67,144 |
Income After Income & Property Tax | $63,975 | $62,670 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,354 | $58,570 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Michigan | Rhode Island | |
Income Tax Owed | $18,805 | $18,187 |
After Tax Income | $81,195 | $81,813 |
Income After Income & Property Tax | $78,725 | $77,339 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,269 | $72,280 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Michigan | Rhode Island | |
Income Tax Owed | $12,306 | $11,252 |
After Tax Income | $87,694 | $88,748 |
Income After Income & Property Tax | $85,224 | $84,274 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,400 | $78,761 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Michigan | Rhode Island | |
Income Tax Owed | $24,486 | $23,682 |
After Tax Income | $125,514 | $126,318 |
Income After Income & Property Tax | $123,044 | $121,844 |
Maximum Disposable Income After Income, Property & Sales Taxes | $116,079 | $113,873 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Michigan | Rhode Island | |
Income Tax Owed | $37,611 | $37,276 |
After Tax Income | $162,389 | $162,724 |
Income After Income & Property Tax | $159,919 | $158,250 |
Maximum Disposable Income After Income, Property & Sales Taxes | $150,867 | $147,897 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Michigan | Rhode Island | |
Income Tax Owed | $51,655 | $52,190 |
After Tax Income | $198,345 | $197,810 |
Income After Income & Property Tax | $195,875 | $193,336 |
Maximum Disposable Income After Income, Property & Sales Taxes | $184,788 | $180,688 |
FAQ
Does Michigan or Rhode Island have lower income taxes?
Michigan’s income tax falls into the following range: 4.25%
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 Michigan or Rhode Island have lower property taxes?
Michigan has an average property tax rate of 1.06%
In comparison, Rhode Island has an average property tax rate of 1.01%
Does Michigan or Rhode Island 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, 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 Michigan or Rhode Island?
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, Rhode Island gives you $59,022.
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