Minnesota vs Louisiana Taxes: Income, Property & Sales

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

Minnesota vs Louisiana Income Tax Comparison

	Minnesota	Louisiana
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+	1.85%: $0-$12,500 3.50%: $12,501-$50,000 4.25%: $50,001+
Median Income	$90,390	$58,330
Income Tax Paid On Median Household Income	$17,516	$7,307
Income After Tax Based on Median Household Income	$72,874	$51,023

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Minnesota vs Louisiana Property Tax Comparison

	Minnesota	Louisiana
Average Property Tax Rate	0.90%	0.53%
Average House Price By State	$336,279	$200,947
Average Property Tax Owed Per Year	$3,027	$1,065
Income After Income Taxes & Property Taxes Based On Median State Household Income	$69,847	$49,958

Minnesota vs Louisiana Sales Tax Comparison

	Minnesota	Louisiana
Average State Sales Tax	6.88%	4.45%
Average Local Sales Tax Across the State	0.61%	5.10%
Average Combined Sales Tax Rate	7.49%	9.55%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,867	$4,355
Maximum Disposable Income Based on Median Household Income	$64,980	$45,603

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

	Minnesota	Louisiana
Income Tax Owed	$4,490	$4,077
After Tax Income	$35,510	$35,923
Income After Income & Property Tax	$32,483	$34,858
Maximum Disposable Income After Income, Property & Sales Taxes	$30,220	$31,819

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

	Minnesota	Louisiana
Income Tax Owed	$8,763	$7,745
After Tax Income	$51,237	$52,255
Income After Income & Property Tax	$48,210	$51,190
Maximum Disposable Income After Income, Property & Sales Taxes	$44,851	$46,728

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

	Minnesota	Louisiana
Income Tax Owed	$14,523	$12,995
After Tax Income	$65,477	$67,005
Income After Income & Property Tax	$62,450	$65,940
Maximum Disposable Income After Income, Property & Sales Taxes	$58,099	$60,192

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

	Minnesota	Louisiana
Income Tax Owed	$20,283	$18,245
After Tax Income	$79,717	$81,755
Income After Income & Property Tax	$76,690	$80,690
Maximum Disposable Income After Income, Property & Sales Taxes	$71,347	$73,656

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

	Minnesota	Louisiana
Income Tax Owed	$12,931	$11,253
After Tax Income	$87,069	$88,747
Income After Income & Property Tax	$84,042	$87,682
Maximum Disposable Income After Income, Property & Sales Taxes	$78,186	$80,038

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

	Minnesota	Louisiana
Income Tax Owed	$26,386	$23,366
After Tax Income	$123,614	$126,634
Income After Income & Property Tax	$120,587	$125,569
Maximum Disposable Income After Income, Property & Sales Taxes	$112,185	$114,623

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

	Minnesota	Louisiana
Income Tax Owed	$40,903	$36,491
After Tax Income	$159,097	$163,509
Income After Income & Property Tax	$156,070	$162,444
Maximum Disposable Income After Income, Property & Sales Taxes	$145,195	$148,283

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

	Minnesota	Louisiana
Income Tax Owed	$56,747	$50,535
After Tax Income	$193,253	$199,465
Income After Income & Property Tax	$190,226	$198,400
Maximum Disposable Income After Income, Property & Sales Taxes	$176,971	$181,105

FAQ

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

• 1.85%: $0-$12,500
• 3.50%: $12,501-$50,000
• 4.25%: $50,001+

Does Minnesota or Louisiana have lower property taxes?

Minnesota has an average property tax rate of 0.90%

In comparison, Louisiana has an average property tax rate of 0.53%

Does Minnesota or Louisiana 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, Louisiana has a state sales tax rate of 4.45% and an average local rate of 5.10% for a combined total rate of 9.55%.

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

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, Louisiana gives you $45,603.

More Comparisons:

Minnesota vs Kentucky
Minnesota vs Oregon
Minnesota vs Oklahoma
Minnesota vs Connecticut
Minnesota vs Utah

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/