Does Missouri or Arkansas have lower taxes? We answer that in a variety of ways below:
Missouri vs Arkansas Income Tax Comparison
Missouri | Arkansas | |
Income Tax Rates & Thresholds |
|
|
Median Income | $71,520 | $53,980 |
Income Tax Paid On Median Household Income | $11,476 | $7,352 |
Income After Tax Based on Median Household Income | $60,044 | $46,628 |
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Missouri vs Arkansas Property Tax Comparison
Missouri | Arkansas | |
Average Property Tax Rate | 0.82% | 0.53% |
Average House Price By State | $239,743 | $199,284 |
Average Property Tax Owed Per Year | $1,966 | $1,056 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $58,078 | $45,572 |
Missouri vs Arkansas Sales Tax Comparison
Missouri | Arkansas | |
Average State Sales Tax | 4.23% | 6.50% |
Average Local Sales Tax Across the State | 4.06% | 2.97% |
Average Combined Sales Tax Rate | 8.29% | 9.47% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,446 | $3,942 |
Maximum Disposable Income Based on Median Household Income | $53,632 | $41,629 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Missouri | Arkansas | |
Income Tax Owed | $4,312 | $4,906 |
After Tax Income | $35,688 | $35,094 |
Income After Income & Property Tax | $33,722 | $34,038 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,141 | $31,093 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Missouri | Arkansas | |
Income Tax Owed | $8,320 | $8,933 |
After Tax Income | $51,680 | $51,067 |
Income After Income & Property Tax | $49,714 | $50,011 |
Maximum Disposable Income After Income, Property & Sales Taxes | $45,908 | $45,684 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Missouri | Arkansas | |
Income Tax Owed | $13,800 | $14,433 |
After Tax Income | $66,200 | $65,567 |
Income After Income & Property Tax | $64,234 | $64,511 |
Maximum Disposable Income After Income, Property & Sales Taxes | $59,317 | $58,930 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Missouri | Arkansas | |
Income Tax Owed | $19,280 | $19,933 |
After Tax Income | $80,720 | $80,067 |
Income After Income & Property Tax | $78,754 | $79,011 |
Maximum Disposable Income After Income, Property & Sales Taxes | $72,725 | $72,176 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Missouri | Arkansas | |
Income Tax Owed | $12,294 | $13,525 |
After Tax Income | $87,706 | $86,475 |
Income After Income & Property Tax | $85,740 | $85,419 |
Maximum Disposable Income After Income, Property & Sales Taxes | $79,176 | $78,029 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Missouri | Arkansas | |
Income Tax Owed | $25,048 | $26,330 |
After Tax Income | $124,952 | $123,670 |
Income After Income & Property Tax | $122,986 | $122,614 |
Maximum Disposable Income After Income, Property & Sales Taxes | $113,571 | $112,007 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Missouri | Arkansas | |
Income Tax Owed | $38,748 | $40,080 |
After Tax Income | $161,252 | $159,920 |
Income After Income & Property Tax | $159,286 | $158,864 |
Maximum Disposable Income After Income, Property & Sales Taxes | $147,092 | $145,121 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Missouri | Arkansas | |
Income Tax Owed | $53,367 | $54,749 |
After Tax Income | $196,633 | $195,251 |
Income After Income & Property Tax | $194,667 | $194,195 |
Maximum Disposable Income After Income, Property & Sales Taxes | $179,765 | $177,395 |
FAQ
Does Missouri or Arkansas have lower income taxes?
Missouri’s income tax falls into the following range:
- 1.50%: $111-$1,121
- 2.00%: $1,122-$2,242
- 2.50%: $2,243-$3,363
- 3.00%: $3,364-$4,484
- 3.50%: $4,485-$5,605
- 4.00%: $5,606-$6,726
- 4.50%: $6,727-$7,847
- 5.00%: $7,848-$8,968
- 5.30%: $8,969+
Whereas Arkansas’s income tax is the following
- 2.00%: $0-$4,300
- 4.00%: $4,300-$8,500
- 4.90%: $8,501+
Does Missouri or Arkansas have lower property taxes?
Missouri has an average property tax rate of 0.82%
In comparison, Arkansas has an average property tax rate of 0.53%
Does Missouri or Arkansas have lower sales taxes?
Missouri has a state sales tax rate of 4.23% and an average local rate of 4.06% for a combined total rate of 8.29%.
In contrast, Arkansas has a state sales tax rate of 6.50% and an average local rate of 2.97% for a combined total rate of 9.47%.
Do you get to keep more money in Missouri or Arkansas?
Based on median household income after income, property and sales taxes Missouri gives you a maximum amount of disposable income of $53,632
In comparison, Arkansas gives you $41,629.
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