Does Minnesota or Delaware have lower taxes? We answer that in a variety of ways below:
Minnesota vs Delaware Income Tax Comparison
Minnesota | Delaware | |
Income Tax Rates & Thresholds |
|
|
Median Income | $90,390 | $80,750 |
Income Tax Paid On Median Household Income | $17,516 | $14,624 |
Income After Tax Based on Median Household Income | $72,874 | $66,126 |
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Minnesota vs Delaware Property Tax Comparison
Minnesota | Delaware | |
Average Property Tax Rate | 0.90% | 0.48% |
Average House Price By State | $336,279 | $367,443 |
Average Property Tax Owed Per Year | $3,027 | $1,764 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $69,847 | $64,362 |
Minnesota vs Delaware Sales Tax Comparison
Minnesota | Delaware | |
Average State Sales Tax | 6.88% | 0.00% |
Average Local Sales Tax Across the State | 0.61% | 0.00% |
Average Combined Sales Tax Rate | 7.49% | 0.00% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,867 | $0 |
Maximum Disposable Income Based on Median Household Income | $64,980 | $64,362 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Minnesota | Delaware | |
Income Tax Owed | $4,490 | $4,687 |
After Tax Income | $35,510 | $35,313 |
Income After Income & Property Tax | $32,483 | $33,549 |
Maximum Disposable Income After Income, Property & Sales Taxes | $30,220 | $33,549 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Minnesota | Delaware | |
Income Tax Owed | $8,763 | $8,725 |
After Tax Income | $51,237 | $51,275 |
Income After Income & Property Tax | $48,210 | $49,511 |
Maximum Disposable Income After Income, Property & Sales Taxes | $44,851 | $49,511 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Minnesota | Delaware | |
Income Tax Owed | $14,523 | $14,410 |
After Tax Income | $65,477 | $65,590 |
Income After Income & Property Tax | $62,450 | $63,826 |
Maximum Disposable Income After Income, Property & Sales Taxes | $58,099 | $63,826 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Minnesota | Delaware | |
Income Tax Owed | $20,283 | $20,130 |
After Tax Income | $79,717 | $79,870 |
Income After Income & Property Tax | $76,690 | $78,106 |
Maximum Disposable Income After Income, Property & Sales Taxes | $71,347 | $78,106 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Minnesota | Delaware | |
Income Tax Owed | $12,931 | $13,621 |
After Tax Income | $87,069 | $86,379 |
Income After Income & Property Tax | $84,042 | $84,615 |
Maximum Disposable Income After Income, Property & Sales Taxes | $78,186 | $84,615 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Minnesota | Delaware | |
Income Tax Owed | $26,386 | $26,976 |
After Tax Income | $123,614 | $123,024 |
Income After Income & Property Tax | $120,587 | $121,260 |
Maximum Disposable Income After Income, Property & Sales Taxes | $112,185 | $121,260 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Minnesota | Delaware | |
Income Tax Owed | $40,903 | $41,276 |
After Tax Income | $159,097 | $158,724 |
Income After Income & Property Tax | $156,070 | $156,960 |
Maximum Disposable Income After Income, Property & Sales Taxes | $145,195 | $156,960 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Minnesota | Delaware | |
Income Tax Owed | $56,747 | $56,495 |
After Tax Income | $193,253 | $193,505 |
Income After Income & Property Tax | $190,226 | $191,741 |
Maximum Disposable Income After Income, Property & Sales Taxes | $176,971 | $191,741 |
FAQ
Does Minnesota or Delaware have lower income taxes?
Minnesota’s income tax falls into the following range:
- 5.35%: $0-$28,080
- 6.80%: $28,081-$92,230
- 7.85%: $92,231-$171,220
- 9.85%: $171,221+
Whereas Delaware’s income tax is the following
- 2.20%: $2,000-$,5000
- 3.90%: $5,001-$10,000
- 4.80%: $10,001-$20,000
- 5.20%: $20,001-$25,000
- 5.55%: $25,001-$60,000
- 6.60%: $60,001+
Does Minnesota or Delaware have lower property taxes?
Minnesota has an average property tax rate of 0.90%
In comparison, Delaware has an average property tax rate of 0.48%
Does Minnesota or Delaware have lower sales taxes?
Minnesota has a state sales tax rate of 6.88% and an average local rate of 0.61% for a combined total rate of 7.49%.
In contrast, Delaware has a state sales tax rate of 0.00% and an average local rate of 0.00% for a combined total rate of 0.00%.
Do you get to keep more money in Minnesota or Delaware?
Based on median household income after income, property and sales taxes Minnesota gives you a maximum amount of disposable income of $64,980
In comparison, Delaware gives you $64,362.
More Comparisons:
Minnesota vs South Dakota
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Minnesota vs Alaska
Minnesota vs Washington DC
Minnesota vs Vermont
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