Minnesota vs Rhode Island Taxes: Income, Property & Sales

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

Minnesota vs Rhode Island Income Tax Comparison

	Minnesota	Rhode Island
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+	3.75%: $0-$68,200 4.75%: $68,201-$155,050 5.99%: $155,051+
Median Income	$90,390	$80,650
Income Tax Paid On Median Household Income	$17,516	$13,023
Income After Tax Based on Median Household Income	$72,874	$67,627

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Minnesota vs Rhode Island Property Tax Comparison

	Minnesota	Rhode Island
Average Property Tax Rate	0.90%	1.01%
Average House Price By State	$336,279	$442,945
Average Property Tax Owed Per Year	$3,027	$4,474
Income After Income Taxes & Property Taxes Based On Median State Household Income	$69,847	$63,153

Minnesota vs Rhode Island Sales Tax Comparison

	Minnesota	Rhode Island
Average State Sales Tax	6.88%	7.00%
Average Local Sales Tax Across the State	0.61%	0.00%
Average Combined Sales Tax Rate	7.49%	7.00%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,867	$4,132
Maximum Disposable Income Based on Median Household Income	$64,980	$59,022

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

	Minnesota	Rhode Island
Income Tax Owed	$4,490	$4,029
After Tax Income	$35,510	$35,971
Income After Income & Property Tax	$32,483	$31,497
Maximum Disposable Income After Income, Property & Sales Taxes	$30,220	$29,437

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

	Minnesota	Rhode Island
Income Tax Owed	$8,763	$7,706
After Tax Income	$51,237	$52,294
Income After Income & Property Tax	$48,210	$47,820
Maximum Disposable Income After Income, Property & Sales Taxes	$44,851	$44,692

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

	Minnesota	Rhode Island
Income Tax Owed	$14,523	$12,856
After Tax Income	$65,477	$67,144
Income After Income & Property Tax	$62,450	$62,670
Maximum Disposable Income After Income, Property & Sales Taxes	$58,099	$58,570

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

	Minnesota	Rhode Island
Income Tax Owed	$20,283	$18,187
After Tax Income	$79,717	$81,813
Income After Income & Property Tax	$76,690	$77,339
Maximum Disposable Income After Income, Property & Sales Taxes	$71,347	$72,280

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

	Minnesota	Rhode Island
Income Tax Owed	$12,931	$11,252
After Tax Income	$87,069	$88,748
Income After Income & Property Tax	$84,042	$84,274
Maximum Disposable Income After Income, Property & Sales Taxes	$78,186	$78,761

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

	Minnesota	Rhode Island
Income Tax Owed	$26,386	$23,682
After Tax Income	$123,614	$126,318
Income After Income & Property Tax	$120,587	$121,844
Maximum Disposable Income After Income, Property & Sales Taxes	$112,185	$113,873

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

	Minnesota	Rhode Island
Income Tax Owed	$40,903	$37,276
After Tax Income	$159,097	$162,724
Income After Income & Property Tax	$156,070	$158,250
Maximum Disposable Income After Income, Property & Sales Taxes	$145,195	$147,897

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

	Minnesota	Rhode Island
Income Tax Owed	$56,747	$52,190
After Tax Income	$193,253	$197,810
Income After Income & Property Tax	$190,226	$193,336
Maximum Disposable Income After Income, Property & Sales Taxes	$176,971	$180,688

FAQ

Does Minnesota or Rhode Island 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 Rhode Island’s income tax is the following

• 3.75%: $0-$68,200
• 4.75%: $68,201-$155,050
• 5.99%: $155,051+

Does Minnesota or Rhode Island have lower property taxes?

Minnesota has an average property tax rate of 0.90%

In comparison, Rhode Island has an average property tax rate of 1.01%

Does Minnesota or Rhode Island 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, Rhode Island has a state sales tax rate of 7.00% and an average local rate of 0.00% for a combined total rate of 7.00%.

Do you get to keep more money in Minnesota or Rhode Island?

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, Rhode Island gives you $59,022.

More Comparisons:

Minnesota vs Delaware
Minnesota vs South Dakota
Minnesota vs North Dakota
Minnesota vs Alaska
Minnesota vs Washington DC

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/