Minnesota vs Maine Taxes: Income, Property & Sales

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

Minnesota vs Maine Income Tax Comparison

	Minnesota	Maine
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+	5.80%: $0-$23,000 6.75%: $23,001-$54,450 7.15%: $54,451+
Median Income	$90,390	$75,160
Income Tax Paid On Median Household Income	$17,516	$12,997
Income After Tax Based on Median Household Income	$72,874	$62,163

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Minnesota vs Maine Property Tax Comparison

	Minnesota	Maine
Average Property Tax Rate	0.90%	0.89%
Average House Price By State	$336,279	$380,374
Average Property Tax Owed Per Year	$3,027	$3,385
Income After Income Taxes & Property Taxes Based On Median State Household Income	$69,847	$58,778

Minnesota vs Maine Sales Tax Comparison

	Minnesota	Maine
Average State Sales Tax	6.88%	5.50%
Average Local Sales Tax Across the State	0.61%	0.00%
Average Combined Sales Tax Rate	7.49%	5.50%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,867	$3,064
Maximum Disposable Income Based on Median Household Income	$64,980	$55,713

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

	Minnesota	Maine
Income Tax Owed	$4,490	$4,351
After Tax Income	$35,510	$35,649
Income After Income & Property Tax	$32,483	$32,264
Maximum Disposable Income After Income, Property & Sales Taxes	$30,220	$30,582

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

	Minnesota	Maine
Income Tax Owed	$8,763	$8,625
After Tax Income	$51,237	$51,375
Income After Income & Property Tax	$48,210	$47,990
Maximum Disposable Income After Income, Property & Sales Taxes	$44,851	$45,488

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

	Minnesota	Maine
Income Tax Owed	$14,523	$14,407
After Tax Income	$65,477	$65,593
Income After Income & Property Tax	$62,450	$62,208
Maximum Disposable Income After Income, Property & Sales Taxes	$58,099	$58,965

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

	Minnesota	Maine
Income Tax Owed	$20,283	$20,237
After Tax Income	$79,717	$79,763
Income After Income & Property Tax	$76,690	$76,378
Maximum Disposable Income After Income, Property & Sales Taxes	$71,347	$72,396

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

	Minnesota	Maine
Income Tax Owed	$12,931	$12,445
After Tax Income	$87,069	$87,555
Income After Income & Property Tax	$84,042	$84,170
Maximum Disposable Income After Income, Property & Sales Taxes	$78,186	$79,782

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

	Minnesota	Maine
Income Tax Owed	$26,386	$25,900
After Tax Income	$123,614	$124,100
Income After Income & Property Tax	$120,587	$120,715
Maximum Disposable Income After Income, Property & Sales Taxes	$112,185	$114,421

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

	Minnesota	Maine
Income Tax Owed	$40,903	$40,475
After Tax Income	$159,097	$159,525
Income After Income & Property Tax	$156,070	$156,140
Maximum Disposable Income After Income, Property & Sales Taxes	$145,195	$148,000

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

	Minnesota	Maine
Income Tax Owed	$56,747	$55,969
After Tax Income	$193,253	$194,031
Income After Income & Property Tax	$190,226	$190,646
Maximum Disposable Income After Income, Property & Sales Taxes	$176,971	$180,707

FAQ

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

• 5.80%: $0-$23,000
• 6.75%: $23,001-$54,450
• 7.15%: $54,451+

Does Minnesota or Maine have lower property taxes?

Minnesota has an average property tax rate of 0.90%

In comparison, Maine has an average property tax rate of 0.89%

Does Minnesota or Maine 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, Maine has a state sales tax rate of 5.50% and an average local rate of 0.00% for a combined total rate of 5.50%.

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

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, Maine gives you $55,713.

More Comparisons:

Minnesota vs Montana
Minnesota vs Rhode Island
Minnesota vs Delaware
Minnesota vs South Dakota
Minnesota vs North Dakota

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/