Missouri vs Minnesota Taxes: Income, Property & Sales

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

Missouri vs Minnesota Income Tax Comparison

	Missouri	Minnesota
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+	5.35%: $0-$28,080 6.80%: $28,081-$92,230 7.85%: $92,231-$171,220 9.85%: $171,221+
Median Income	$71,520	$90,390
Income Tax Paid On Median Household Income	$11,476	$17,516
Income After Tax Based on Median Household Income	$60,044	$72,874

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Missouri vs Minnesota Property Tax Comparison

	Missouri	Minnesota
Average Property Tax Rate	0.82%	0.90%
Average House Price By State	$239,743	$336,279
Average Property Tax Owed Per Year	$1,966	$3,027
Income After Income Taxes & Property Taxes Based On Median State Household Income	$58,078	$69,847

Missouri vs Minnesota Sales Tax Comparison

	Missouri	Minnesota
Average State Sales Tax	4.23%	6.88%
Average Local Sales Tax Across the State	4.06%	0.61%
Average Combined Sales Tax Rate	8.29%	7.49%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,446	$4,867
Maximum Disposable Income Based on Median Household Income	$53,632	$64,980

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

	Missouri	Minnesota
Income Tax Owed	$4,312	$4,490
After Tax Income	$35,688	$35,510
Income After Income & Property Tax	$33,722	$32,483
Maximum Disposable Income After Income, Property & Sales Taxes	$31,141	$30,220

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

	Missouri	Minnesota
Income Tax Owed	$8,320	$8,763
After Tax Income	$51,680	$51,237
Income After Income & Property Tax	$49,714	$48,210
Maximum Disposable Income After Income, Property & Sales Taxes	$45,908	$44,851

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

	Missouri	Minnesota
Income Tax Owed	$13,800	$14,523
After Tax Income	$66,200	$65,477
Income After Income & Property Tax	$64,234	$62,450
Maximum Disposable Income After Income, Property & Sales Taxes	$59,317	$58,099

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

	Missouri	Minnesota
Income Tax Owed	$19,280	$20,283
After Tax Income	$80,720	$79,717
Income After Income & Property Tax	$78,754	$76,690
Maximum Disposable Income After Income, Property & Sales Taxes	$72,725	$71,347

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

	Missouri	Minnesota
Income Tax Owed	$12,294	$12,931
After Tax Income	$87,706	$87,069
Income After Income & Property Tax	$85,740	$84,042
Maximum Disposable Income After Income, Property & Sales Taxes	$79,176	$78,186

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

	Missouri	Minnesota
Income Tax Owed	$25,048	$26,386
After Tax Income	$124,952	$123,614
Income After Income & Property Tax	$122,986	$120,587
Maximum Disposable Income After Income, Property & Sales Taxes	$113,571	$112,185

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

	Missouri	Minnesota
Income Tax Owed	$38,748	$40,903
After Tax Income	$161,252	$159,097
Income After Income & Property Tax	$159,286	$156,070
Maximum Disposable Income After Income, Property & Sales Taxes	$147,092	$145,195

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

	Missouri	Minnesota
Income Tax Owed	$53,367	$56,747
After Tax Income	$196,633	$193,253
Income After Income & Property Tax	$194,667	$190,226
Maximum Disposable Income After Income, Property & Sales Taxes	$179,765	$176,971

FAQ

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

• 5.35%: $0-$28,080
• 6.80%: $28,081-$92,230
• 7.85%: $92,231-$171,220
• 9.85%: $171,221+

Does Missouri or Minnesota have lower property taxes?

Missouri has an average property tax rate of 0.82%

In comparison, Minnesota has an average property tax rate of 0.90%

Does Missouri or Minnesota 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, 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%.

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

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, Minnesota gives you $64,980.

More Comparisons:

Missouri vs South Carolina
Missouri vs Alabama
Missouri vs Louisiana
Missouri vs Kentucky
Missouri vs Oregon

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/