Michigan vs Virginia Taxes: Income, Property & Sales

Does Michigan or Virginia have lower taxes? We answer that in a variety of ways below:

Michigan vs Virginia Income Tax Comparison

	Michigan	Virginia
Income Tax Rates & Thresholds	4.25%	2.00%: $0-$3,000 3.00%: $3,001-$5,000 5.00%: $5,001-$17,000 5.75%: $17,001+
Median Income	$68,990	$85,170
Income Tax Paid On Median Household Income	$10,665	$15,833
Income After Tax Based on Median Household Income	$58,325	$69,337

Top Accounting Software:

Michigan vs Virginia Property Tax Comparison

	Michigan	Virginia
Average Property Tax Rate	1.06%	0.72%
Average House Price By State	$233,019	$376,931
Average Property Tax Owed Per Year	$2,470	$2,714
Income After Income Taxes & Property Taxes Based On Median State Household Income	$55,855	$66,623

Michigan vs Virginia Sales Tax Comparison

	Michigan	Virginia
Average State Sales Tax	6.00%	5.30%
Average Local Sales Tax Across the State	0.00%	0.45%
Average Combined Sales Tax Rate	6.00%	5.75%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,162	$3,623
Maximum Disposable Income Based on Median Household Income	$52,693	$63,001

After Tax Comparison Earning $40,000 Per Year Filing As Single

	Michigan	Virginia
Income Tax Owed	$4,528	$4,771
After Tax Income	$35,472	$35,229
Income After Income & Property Tax	$33,002	$32,515
Maximum Disposable Income After Income, Property & Sales Taxes	$31,134	$30,747

After Tax Comparison Earning $60,000 Per Year Filing As Single

	Michigan	Virginia
Income Tax Owed	$8,305	$8,848
After Tax Income	$51,695	$51,152
Income After Income & Property Tax	$49,225	$48,438
Maximum Disposable Income After Income, Property & Sales Taxes	$46,439	$45,804

After Tax Comparison Earning $80,000 Per Year Filing As Single

	Michigan	Virginia
Income Tax Owed	$13,555	$14,398
After Tax Income	$66,445	$65,602
Income After Income & Property Tax	$63,975	$62,888
Maximum Disposable Income After Income, Property & Sales Taxes	$60,354	$59,469

After Tax Comparison Earning $100,000 Per Year Filing As Single

	Michigan	Virginia
Income Tax Owed	$18,805	$19,948
After Tax Income	$81,195	$80,052
Income After Income & Property Tax	$78,725	$77,338
Maximum Disposable Income After Income, Property & Sales Taxes	$74,269	$73,133

After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly

	Michigan	Virginia
Income Tax Owed	$12,306	$13,349
After Tax Income	$87,694	$86,651
Income After Income & Property Tax	$85,224	$83,937
Maximum Disposable Income After Income, Property & Sales Taxes	$80,400	$79,373

After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly

	Michigan	Virginia
Income Tax Owed	$24,486	$26,279
After Tax Income	$125,514	$123,721
Income After Income & Property Tax	$123,044	$121,007
Maximum Disposable Income After Income, Property & Sales Taxes	$116,079	$114,428

After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly

	Michigan	Virginia
Income Tax Owed	$37,611	$40,154
After Tax Income	$162,389	$159,846
Income After Income & Property Tax	$159,919	$157,132
Maximum Disposable Income After Income, Property & Sales Taxes	$150,867	$148,588

After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly

	Michigan	Virginia
Income Tax Owed	$51,655	$54,948
After Tax Income	$198,345	$195,052
Income After Income & Property Tax	$195,875	$192,338
Maximum Disposable Income After Income, Property & Sales Taxes	$184,788	$181,880

FAQ

Does Michigan or Virginia have lower income taxes?

Michigan’s income tax falls into the following range: 4.25%

Whereas Virginia’s income tax is the following

• 2.00%: $0-$3,000
• 3.00%: $3,001-$5,000
• 5.00%: $5,001-$17,000
• 5.75%: $17,001+

Does Michigan or Virginia have lower property taxes?

Michigan has an average property tax rate of 1.06%

In comparison, Virginia has an average property tax rate of 0.72%

Does Michigan or Virginia 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, Virginia has a state sales tax rate of 5.30% and an average local rate of 0.45% for a combined total rate of 5.75%.

Do you get to keep more money in Michigan or Virginia?

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, Virginia gives you $63,001.

More Comparisons:

Michigan vs Washington
Michigan vs Arizona
Michigan vs Tennessee
Michigan vs Massachusetts
Michigan vs Indiana

Sources:

https://en.wikipedia.org/wiki/State_income_tax#Rates_by_jurisdiction

https://www.bankrate.com/real-estate/property-tax-by-state/#by-state

https://fred.stlouisfed.org/release/tables?eid=259515&rid=249

https://www.fool.com/the-ascent/research/average-house-price-state/

https://taxfoundation.org/data/all/state/2022-sales-taxes/

https://www.forbes.com/advisor/income-tax-calculator/