Minnesota vs Idaho Taxes: Income, Property & Sales

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

Minnesota vs Idaho Income Tax Comparison

	Minnesota	Idaho
Income Tax Rates & Thresholds	5.35%: $0-$28,080 6.80%: $28,081-$92,230 7.85%: $92,231-$171,220 9.85%: $171,221+	1.00%: $0-$1,662 3.00%: $1,663-$4,987 4.50%: $4,988-$8,311 6.00%: $8,312+
Median Income	$90,390	$72,580
Income Tax Paid On Median Household Income	$17,516	$13,701
Income After Tax Based on Median Household Income	$72,874	$58,879

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Minnesota vs Idaho Property Tax Comparison

	Minnesota	Idaho
Average Property Tax Rate	0.90%	0.46%
Average House Price By State	$336,279	$443,638
Average Property Tax Owed Per Year	$3,027	$2,041
Income After Income Taxes & Property Taxes Based On Median State Household Income	$69,847	$56,838

Minnesota vs Idaho Sales Tax Comparison

	Minnesota	Idaho
Average State Sales Tax	6.88%	6.00%
Average Local Sales Tax Across the State	0.61%	0.02%
Average Combined Sales Tax Rate	7.49%	6.02%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,867	$3,227
Maximum Disposable Income Based on Median Household Income	$64,980	$53,611

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

	Minnesota	Idaho
Income Tax Owed	$4,490	$4,441
After Tax Income	$35,510	$35,559
Income After Income & Property Tax	$32,483	$33,518
Maximum Disposable Income After Income, Property & Sales Taxes	$30,220	$31,615

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

	Minnesota	Idaho
Income Tax Owed	$8,763	$8,568
After Tax Income	$51,237	$51,432
Income After Income & Property Tax	$48,210	$49,391
Maximum Disposable Income After Income, Property & Sales Taxes	$44,851	$46,587

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

	Minnesota	Idaho
Income Tax Owed	$14,523	$14,168
After Tax Income	$65,477	$65,832
Income After Income & Property Tax	$62,450	$63,791
Maximum Disposable Income After Income, Property & Sales Taxes	$58,099	$60,169

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

	Minnesota	Idaho
Income Tax Owed	$20,283	$19,768
After Tax Income	$79,717	$80,232
Income After Income & Property Tax	$76,690	$78,191
Maximum Disposable Income After Income, Property & Sales Taxes	$71,347	$73,751

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

	Minnesota	Idaho
Income Tax Owed	$12,931	$12,482
After Tax Income	$87,069	$87,518
Income After Income & Property Tax	$84,042	$85,477
Maximum Disposable Income After Income, Property & Sales Taxes	$78,186	$80,624

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

	Minnesota	Idaho
Income Tax Owed	$26,386	$25,537
After Tax Income	$123,614	$124,463
Income After Income & Property Tax	$120,587	$122,422
Maximum Disposable Income After Income, Property & Sales Taxes	$112,185	$115,471

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

	Minnesota	Idaho
Income Tax Owed	$40,903	$39,537
After Tax Income	$159,097	$160,463
Income After Income & Property Tax	$156,070	$158,422
Maximum Disposable Income After Income, Property & Sales Taxes	$145,195	$149,427

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

	Minnesota	Idaho
Income Tax Owed	$56,747	$54,456
After Tax Income	$193,253	$195,544
Income After Income & Property Tax	$190,226	$193,503
Maximum Disposable Income After Income, Property & Sales Taxes	$176,971	$182,516

FAQ

Does Minnesota or Idaho 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 Idaho’s income tax is the following

• 1.00%: $0-$1,662
• 3.00%: $1,663-$4,987
• 4.50%: $4,988-$8,311
• 6.00%: $8,312+

Does Minnesota or Idaho have lower property taxes?

Minnesota has an average property tax rate of 0.90%

In comparison, Idaho has an average property tax rate of 0.46%

Does Minnesota or Idaho 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, Idaho has a state sales tax rate of 6.00% and an average local rate of 0.02% for a combined total rate of 6.02%.

Do you get to keep more money in Minnesota or Idaho?

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, Idaho gives you $53,611.

More Comparisons:

Minnesota vs West Virginia
Minnesota vs Hawaii
Minnesota vs New Hampshire
Minnesota vs Maine
Minnesota vs Montana

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/