Does North Carolina or Arkansas have lower taxes? We answer that in a variety of ways below:
North Carolina vs Arkansas Income Tax Comparison
North Carolina | Arkansas | |
Income Tax Rates & Thresholds | 4.99% |
|
Median Income | $65,070 | $53,980 |
Income Tax Paid On Median Household Income | $9,694 | $7,352 |
Income After Tax Based on Median Household Income | $55,376 | $46,628 |
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North Carolina vs Arkansas Property Tax Comparison
North Carolina | Arkansas | |
Average Property Tax Rate | 0.52% | 0.53% |
Average House Price By State | $321,447 | $199,284 |
Average Property Tax Owed Per Year | $1,672 | $1,056 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $53,704 | $45,572 |
North Carolina vs Arkansas Sales Tax Comparison
North Carolina | Arkansas | |
Average State Sales Tax | 4.75% | 6.50% |
Average Local Sales Tax Across the State | 2.23% | 2.97% |
Average Combined Sales Tax Rate | 6.98% | 9.47% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,504 | $3,942 |
Maximum Disposable Income Based on Median Household Income | $50,200 | $41,629 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
North Carolina | Arkansas | |
Income Tax Owed | $4,400 | $4,906 |
After Tax Income | $35,600 | $35,094 |
Income After Income & Property Tax | $33,928 | $34,038 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,715 | $31,093 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
North Carolina | Arkansas | |
Income Tax Owed | $8,326 | $8,933 |
After Tax Income | $51,674 | $51,067 |
Income After Income & Property Tax | $50,002 | $50,011 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,740 | $45,684 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
North Carolina | Arkansas | |
Income Tax Owed | $13,724 | $14,433 |
After Tax Income | $66,276 | $65,567 |
Income After Income & Property Tax | $64,604 | $64,511 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,389 | $58,930 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
North Carolina | Arkansas | |
Income Tax Owed | $19,122 | $19,933 |
After Tax Income | $80,878 | $80,067 |
Income After Income & Property Tax | $79,206 | $79,011 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,039 | $72,176 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
North Carolina | Arkansas | |
Income Tax Owed | $12,198 | $13,525 |
After Tax Income | $87,802 | $86,475 |
Income After Income & Property Tax | $86,130 | $85,419 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,511 | $78,029 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
North Carolina | Arkansas | |
Income Tax Owed | $24,748 | $26,330 |
After Tax Income | $125,252 | $123,670 |
Income After Income & Property Tax | $123,580 | $122,614 |
Maximum Disposable Income After Income, Property & Sales Taxes | $115,517 | $112,007 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
North Carolina | Arkansas | |
Income Tax Owed | $38,243 | $40,080 |
After Tax Income | $161,757 | $159,920 |
Income After Income & Property Tax | $160,085 | $158,864 |
Maximum Disposable Income After Income, Property & Sales Taxes | $149,641 | $145,121 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
North Carolina | Arkansas | |
Income Tax Owed | $52,657 | $54,749 |
After Tax Income | $197,343 | $195,251 |
Income After Income & Property Tax | $195,671 | $194,195 |
Maximum Disposable Income After Income, Property & Sales Taxes | $182,905 | $177,395 |
FAQ
Does North Carolina or Arkansas have lower income taxes?
North Carolina’s income tax falls into the following range: 4.99%
Whereas Arkansas’s income tax is the following
- 2.00%: $0-$4,300
- 4.00%: $4,300-$8,500
- 4.90%: $8,501+
Does North Carolina or Arkansas have lower property taxes?
North Carolina has an average property tax rate of 0.52%
In comparison, Arkansas has an average property tax rate of 0.53%
Does North Carolina or Arkansas have lower sales taxes?
North Carolina has a state sales tax rate of 4.75% and an average local rate of 2.23% for a combined total rate of 6.98%.
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 North Carolina or Arkansas?
Based on median household income after income, property and sales taxes North Carolina gives you a maximum amount of disposable income of $50,200
In comparison, Arkansas gives you $41,629.
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