Nevada vs Arkansas Taxes: Income, Property & Sales

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

Nevada vs Arkansas Income Tax Comparison

	Nevada	Arkansas
Income Tax Rates & Thresholds	None	2.00%: $0-$4,300 4.00%: $4,300-$8,500 4.90%: $8,501+
Median Income	$72,330	$53,980
Income Tax Paid On Median Household Income	$8,680	$7,352
Income After Tax Based on Median Household Income	$63,650	$46,628

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Nevada vs Arkansas Property Tax Comparison

	Nevada	Arkansas
Average Property Tax Rate	0.44%	0.53%
Average House Price By State	$431,413	$199,284
Average Property Tax Owed Per Year	$1,898	$1,056
Income After Income Taxes & Property Taxes Based On Median State Household Income	$61,752	$45,572

Nevada vs Arkansas Sales Tax Comparison

	Nevada	Arkansas
Average State Sales Tax	6.85%	6.50%
Average Local Sales Tax Across the State	1.38%	2.97%
Average Combined Sales Tax Rate	8.23%	9.47%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,696	$3,942
Maximum Disposable Income Based on Median Household Income	$57,056	$41,629

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

	Nevada	Arkansas
Income Tax Owed	$3,040	$4,906
After Tax Income	$36,960	$35,094
Income After Income & Property Tax	$35,062	$34,038
Maximum Disposable Income After Income, Property & Sales Taxes	$32,396	$31,093

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

	Nevada	Arkansas
Income Tax Owed	$5,968	$8,933
After Tax Income	$54,032	$51,067
Income After Income & Property Tax	$52,134	$50,011
Maximum Disposable Income After Income, Property & Sales Taxes	$48,169	$45,684

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

	Nevada	Arkansas
Income Tax Owed	$10,368	$14,433
After Tax Income	$69,632	$65,567
Income After Income & Property Tax	$67,734	$64,511
Maximum Disposable Income After Income, Property & Sales Taxes	$62,583	$58,930

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

	Nevada	Arkansas
Income Tax Owed	$14,768	$19,933
After Tax Income	$85,232	$80,067
Income After Income & Property Tax	$83,334	$79,011
Maximum Disposable Income After Income, Property & Sales Taxes	$76,997	$72,176

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

	Nevada	Arkansas
Income Tax Owed	$8,481	$13,525
After Tax Income	$91,519	$86,475
Income After Income & Property Tax	$89,621	$85,419
Maximum Disposable Income After Income, Property & Sales Taxes	$82,806	$78,029

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

	Nevada	Arkansas
Income Tax Owed	$18,536	$26,330
After Tax Income	$131,464	$123,670
Income After Income & Property Tax	$129,566	$122,614
Maximum Disposable Income After Income, Property & Sales Taxes	$119,713	$112,007

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

	Nevada	Arkansas
Income Tax Owed	$29,536	$40,080
After Tax Income	$170,464	$159,920
Income After Income & Property Tax	$168,566	$158,864
Maximum Disposable Income After Income, Property & Sales Taxes	$155,748	$145,121

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

	Nevada	Arkansas
Income Tax Owed	$41,455	$54,749
After Tax Income	$208,545	$195,251
Income After Income & Property Tax	$206,647	$194,195
Maximum Disposable Income After Income, Property & Sales Taxes	$190,933	$177,395

FAQ

Does Nevada or Arkansas have lower income taxes?

Nevada’s income tax falls into the following range: None

Whereas Arkansas’s income tax is the following

• 2.00%: $0-$4,300
• 4.00%: $4,300-$8,500
• 4.90%: $8,501+

Does Nevada or Arkansas have lower property taxes?

Nevada has an average property tax rate of 0.44%

In comparison, Arkansas has an average property tax rate of 0.53%

Does Nevada or Arkansas have lower sales taxes?

Nevada has a state sales tax rate of 6.85% and an average local rate of 1.38% for a combined total rate of 8.23%.

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 Nevada or Arkansas?

Based on median household income after income, property and sales taxes Nevada gives you a maximum amount of disposable income of $57,056

In comparison, Arkansas gives you $41,629.

More Comparisons:

Nevada vs Mississippi
Nevada vs Kansas
Nevada vs New Mexico
Nevada vs Nebraska
Nevada vs Idaho

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/