Minnesota vs Montana Taxes: Income, Property & Sales

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

Minnesota vs Montana Income Tax Comparison

	Minnesota	Montana
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-$3,300 2.00%: $3,301-$5,800 3.00%: $5,801-$8,900 4.00%: $8,901-$12,000 5.00%: $12,001-$15,400 6.00%: $15,401-$19,800 6.75%: $19,801+
Median Income	$90,390	$72,980
Income Tax Paid On Median Household Income	$17,516	$12,678
Income After Tax Based on Median Household Income	$72,874	$60,302

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Minnesota vs Montana Property Tax Comparison

	Minnesota	Montana
Average Property Tax Rate	0.90%	0.65%
Average House Price By State	$336,279	$447,845
Average Property Tax Owed Per Year	$3,027	$2,911
Income After Income Taxes & Property Taxes Based On Median State Household Income	$69,847	$57,391

Minnesota vs Montana Sales Tax Comparison

	Minnesota	Montana
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	$57,391

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

	Minnesota	Montana
Income Tax Owed	$4,490	$4,669
After Tax Income	$35,510	$35,331
Income After Income & Property Tax	$32,483	$32,420
Maximum Disposable Income After Income, Property & Sales Taxes	$30,220	$32,420

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

	Minnesota	Montana
Income Tax Owed	$8,763	$8,947
After Tax Income	$51,237	$51,053
Income After Income & Property Tax	$48,210	$48,142
Maximum Disposable Income After Income, Property & Sales Taxes	$44,851	$48,142

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

	Minnesota	Montana
Income Tax Owed	$14,523	$14,697
After Tax Income	$65,477	$65,303
Income After Income & Property Tax	$62,450	$62,392
Maximum Disposable Income After Income, Property & Sales Taxes	$58,099	$62,392

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

	Minnesota	Montana
Income Tax Owed	$20,283	$20,447
After Tax Income	$79,717	$79,553
Income After Income & Property Tax	$76,690	$76,642
Maximum Disposable Income After Income, Property & Sales Taxes	$71,347	$76,642

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

	Minnesota	Montana
Income Tax Owed	$12,931	$13,660
After Tax Income	$87,069	$86,340
Income After Income & Property Tax	$84,042	$83,429
Maximum Disposable Income After Income, Property & Sales Taxes	$78,186	$83,429

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

	Minnesota	Montana
Income Tax Owed	$26,386	$27,089
After Tax Income	$123,614	$122,911
Income After Income & Property Tax	$120,587	$120,000
Maximum Disposable Income After Income, Property & Sales Taxes	$112,185	$120,000

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

	Minnesota	Montana
Income Tax Owed	$40,903	$41,464
After Tax Income	$159,097	$158,536
Income After Income & Property Tax	$156,070	$155,625
Maximum Disposable Income After Income, Property & Sales Taxes	$145,195	$155,625

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

	Minnesota	Montana
Income Tax Owed	$56,747	$56,758
After Tax Income	$193,253	$193,242
Income After Income & Property Tax	$190,226	$190,331
Maximum Disposable Income After Income, Property & Sales Taxes	$176,971	$190,331

FAQ

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

• 1.00%: $0-$3,300
• 2.00%: $3,301-$5,800
• 3.00%: $5,801-$8,900
• 4.00%: $8,901-$12,000
• 5.00%: $12,001-$15,400
• 6.00%: $15,401-$19,800
• 6.75%: $19,801+

Does Minnesota or Montana have lower property taxes?

Minnesota has an average property tax rate of 0.90%

In comparison, Montana has an average property tax rate of 0.65%

Does Minnesota or Montana 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, Montana 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 Montana?

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, Montana gives you $57,391.

More Comparisons:

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

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/