Missouri vs Iowa Taxes: Income, Property & Sales

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

Missouri vs Iowa Income Tax Comparison

	Missouri	Iowa
Income Tax Rates & Thresholds	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+	0.33%: $0-$1,743 0.67%: $1,744-$3,486 2.25%: $3,487-$6972 4.14%: $6,973-$15,687 5.63%: $15,688-$26,145 5.96%: $26,146-$34,860 6.25%: $34,861-$52,290 7.44%: $52,291-$78,435 8.53%: $78,436+
Median Income	$71,520	$76,320
Income Tax Paid On Median Household Income	$11,476	$13,833
Income After Tax Based on Median Household Income	$60,044	$62,487

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Missouri vs Iowa Property Tax Comparison

	Missouri	Iowa
Average Property Tax Rate	0.82%	1.25%
Average House Price By State	$239,743	$215,458
Average Property Tax Owed Per Year	$1,966	$2,693
Income After Income Taxes & Property Taxes Based On Median State Household Income	$58,078	$59,794

Missouri vs Iowa Sales Tax Comparison

	Missouri	Iowa
Average State Sales Tax	4.23%	6.00%
Average Local Sales Tax Across the State	4.06%	0.94%
Average Combined Sales Tax Rate	8.29%	6.94%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,446	$3,880
Maximum Disposable Income Based on Median Household Income	$53,632	$55,913

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

	Missouri	Iowa
Income Tax Owed	$4,312	$4,786
After Tax Income	$35,688	$35,214
Income After Income & Property Tax	$33,722	$32,521
Maximum Disposable Income After Income, Property & Sales Taxes	$31,141	$30,410

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

	Missouri	Iowa
Income Tax Owed	$8,320	$9,028
After Tax Income	$51,680	$50,972
Income After Income & Property Tax	$49,714	$48,279
Maximum Disposable Income After Income, Property & Sales Taxes	$45,908	$45,146

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

	Missouri	Iowa
Income Tax Owed	$13,800	$14,916
After Tax Income	$66,200	$65,084
Income After Income & Property Tax	$64,234	$62,391
Maximum Disposable Income After Income, Property & Sales Taxes	$59,317	$58,342

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

	Missouri	Iowa
Income Tax Owed	$19,280	$21,015
After Tax Income	$80,720	$78,985
Income After Income & Property Tax	$78,754	$76,292
Maximum Disposable Income After Income, Property & Sales Taxes	$72,725	$71,341

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

	Missouri	Iowa
Income Tax Owed	$12,294	$14,448
After Tax Income	$87,706	$85,552
Income After Income & Property Tax	$85,740	$82,859
Maximum Disposable Income After Income, Property & Sales Taxes	$79,176	$77,482

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

	Missouri	Iowa
Income Tax Owed	$25,048	$28,768
After Tax Income	$124,952	$121,232
Income After Income & Property Tax	$122,986	$118,539
Maximum Disposable Income After Income, Property & Sales Taxes	$113,571	$110,846

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

	Missouri	Iowa
Income Tax Owed	$38,748	$44,033
After Tax Income	$161,252	$155,967
Income After Income & Property Tax	$159,286	$153,274
Maximum Disposable Income After Income, Property & Sales Taxes	$147,092	$143,327

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

	Missouri	Iowa
Income Tax Owed	$53,367	$60,217
After Tax Income	$196,633	$189,783
Income After Income & Property Tax	$194,667	$187,090
Maximum Disposable Income After Income, Property & Sales Taxes	$179,765	$174,948

FAQ

Does Missouri or Iowa 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 Iowa’s income tax is the following

• 0.33%: $0-$1,743
• 0.67%: $1,744-$3,486
• 2.25%: $3,487-$6972
• 4.14%: $6,973-$15,687
• 5.63%: $15,688-$26,145
• 5.96%: $26,146-$34,860
• 6.25%: $34,861-$52,290
• 7.44%: $52,291-$78,435
• 8.53%: $78,436+

Does Missouri or Iowa have lower property taxes?

Missouri has an average property tax rate of 0.82%

In comparison, Iowa has an average property tax rate of 1.25%

Does Missouri or Iowa 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, Iowa has a state sales tax rate of 6.00% and an average local rate of 0.94% for a combined total rate of 6.94%.

Do you get to keep more money in Missouri or Iowa?

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, Iowa gives you $55,913.

More Comparisons:

Missouri vs Nevada
Missouri vs Arkansas
Missouri vs Mississippi
Missouri vs Kansas
Missouri vs New Mexico

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/