Does Michigan or Wisconsin have lower taxes? We answer that in a variety of ways below:
Michigan vs Wisconsin Income Tax Comparison
Michigan | Wisconsin | |
Income Tax Rates & Thresholds | 4.25% |
|
Median Income | $68,990 | $73,330 |
Income Tax Paid On Median Household Income | $10,665 | $11,817 |
Income After Tax Based on Median Household Income | $58,325 | $61,513 |
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Michigan vs Wisconsin Property Tax Comparison
Michigan | Wisconsin | |
Average Property Tax Rate | 1.06% | 1.15% |
Average House Price By State | $233,019 | $288,596 |
Average Property Tax Owed Per Year | $2,470 | $3,319 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $55,855 | $58,194 |
Michigan vs Wisconsin Sales Tax Comparison
Michigan | Wisconsin | |
Average State Sales Tax | 6.00% | 5.00% |
Average Local Sales Tax Across the State | 0.00% | 0.43% |
Average Combined Sales Tax Rate | 6.00% | 5.43% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,162 | $2,997 |
Maximum Disposable Income Based on Median Household Income | $52,693 | $55,197 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Michigan | Wisconsin | |
Income Tax Owed | $4,528 | $4,191 |
After Tax Income | $35,472 | $35,809 |
Income After Income & Property Tax | $33,002 | $32,490 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,134 | $30,817 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Michigan | Wisconsin | |
Income Tax Owed | $8,305 | $8,178 |
After Tax Income | $51,695 | $51,822 |
Income After Income & Property Tax | $49,225 | $48,503 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,439 | $46,005 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Michigan | Wisconsin | |
Income Tax Owed | $13,555 | $13,638 |
After Tax Income | $66,445 | $66,362 |
Income After Income & Property Tax | $63,975 | $63,043 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,354 | $59,796 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Michigan | Wisconsin | |
Income Tax Owed | $18,805 | $19,098 |
After Tax Income | $81,195 | $80,902 |
Income After Income & Property Tax | $78,725 | $77,583 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,269 | $73,587 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Michigan | Wisconsin | |
Income Tax Owed | $12,306 | $12,140 |
After Tax Income | $87,694 | $87,860 |
Income After Income & Property Tax | $85,224 | $84,541 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,400 | $80,187 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Michigan | Wisconsin | |
Income Tax Owed | $24,486 | $24,845 |
After Tax Income | $125,514 | $125,155 |
Income After Income & Property Tax | $123,044 | $121,836 |
Maximum Disposable Income After Income, Property & Sales Taxes | $116,079 | $115,561 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Michigan | Wisconsin | |
Income Tax Owed | $37,611 | $38,495 |
After Tax Income | $162,389 | $161,505 |
Income After Income & Property Tax | $159,919 | $158,186 |
Maximum Disposable Income After Income, Property & Sales Taxes | $150,867 | $150,039 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Michigan | Wisconsin | |
Income Tax Owed | $51,655 | $53,064 |
After Tax Income | $198,345 | $196,936 |
Income After Income & Property Tax | $195,875 | $193,617 |
Maximum Disposable Income After Income, Property & Sales Taxes | $184,788 | $183,645 |
FAQ
Does Michigan or Wisconsin have lower income taxes?
Michigan’s income tax falls into the following range: 4.25%
Whereas Wisconsin’s income tax is the following
- 3.54%: $0-$12,760
- 4.65%: $12,761-$25,520
- 5.30%: $25,521-$280,950
- 7.65%: $280,951+
Does Michigan or Wisconsin have lower property taxes?
Michigan has an average property tax rate of 1.06%
In comparison, Wisconsin has an average property tax rate of 1.15%
Does Michigan or Wisconsin 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, Wisconsin has a state sales tax rate of 5.00% and an average local rate of 0.43% for a combined total rate of 5.43%.
Do you get to keep more money in Michigan or Wisconsin?
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, Wisconsin gives you $55,197.
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