Does North Carolina or Connecticut have lower taxes? We answer that in a variety of ways below:
North Carolina vs Connecticut Income Tax Comparison
North Carolina | Connecticut | |
Income Tax Rates & Thresholds | 4.99% |
|
Median Income | $65,070 | $90,730 |
Income Tax Paid On Median Household Income | $9,694 | $16,444 |
Income After Tax Based on Median Household Income | $55,376 | $74,286 |
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North Carolina vs Connecticut Property Tax Comparison
North Carolina | Connecticut | |
Average Property Tax Rate | 0.52% | 1.57% |
Average House Price By State | $321,447 | $401,285 |
Average Property Tax Owed Per Year | $1,672 | $6,300 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $53,704 | $67,986 |
North Carolina vs Connecticut Sales Tax Comparison
North Carolina | Connecticut | |
Average State Sales Tax | 4.75% | 6.35% |
Average Local Sales Tax Across the State | 2.23% | 0.00% |
Average Combined Sales Tax Rate | 6.98% | 6.35% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,504 | $4,059 |
Maximum Disposable Income Based on Median Household Income | $50,200 | $63,926 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
North Carolina | Connecticut | |
Income Tax Owed | $4,400 | $4,090 |
After Tax Income | $35,600 | $35,910 |
Income After Income & Property Tax | $33,928 | $29,610 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,715 | $27,842 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
North Carolina | Connecticut | |
Income Tax Owed | $8,326 | $8,018 |
After Tax Income | $51,674 | $51,982 |
Income After Income & Property Tax | $50,002 | $45,682 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,740 | $42,954 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
North Carolina | Connecticut | |
Income Tax Owed | $13,724 | $13,493 |
After Tax Income | $66,276 | $66,507 |
Income After Income & Property Tax | $64,604 | $60,207 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,389 | $56,612 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
North Carolina | Connecticut | |
Income Tax Owed | $19,122 | $18,993 |
After Tax Income | $80,878 | $81,007 |
Income After Income & Property Tax | $79,206 | $74,707 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,039 | $70,246 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
North Carolina | Connecticut | |
Income Tax Owed | $12,198 | $11,881 |
After Tax Income | $87,802 | $88,119 |
Income After Income & Property Tax | $86,130 | $81,819 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,511 | $76,934 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
North Carolina | Connecticut | |
Income Tax Owed | $24,748 | $24,566 |
After Tax Income | $125,252 | $125,434 |
Income After Income & Property Tax | $123,580 | $119,134 |
Maximum Disposable Income After Income, Property & Sales Taxes | $115,517 | $112,021 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
North Carolina | Connecticut | |
Income Tax Owed | $38,243 | $38,316 |
After Tax Income | $161,757 | $161,684 |
Income After Income & Property Tax | $160,085 | $155,384 |
Maximum Disposable Income After Income, Property & Sales Taxes | $149,641 | $146,106 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
North Carolina | Connecticut | |
Income Tax Owed | $52,657 | $53,115 |
After Tax Income | $197,343 | $196,885 |
Income After Income & Property Tax | $195,671 | $190,585 |
Maximum Disposable Income After Income, Property & Sales Taxes | $182,905 | $179,205 |
FAQ
Does North Carolina or Connecticut have lower income taxes?
North Carolina’s income tax falls into the following range: 4.99%
Whereas Connecticut’s income tax is the following
- 3.00%: $0-$10,000
- 5.00%: $10,000-$50,000
- 5.50%: $50,001-$100,000
- 6.00%: $100,001-$200,000
- 6.50%: $200,001-$250,000
- 6.90%: $250,001-$500,000
- 6.99%: $500,001+
Does North Carolina or Connecticut have lower property taxes?
North Carolina has an average property tax rate of 0.52%
In comparison, Connecticut has an average property tax rate of 1.57%
Does North Carolina or Connecticut 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, Connecticut has a state sales tax rate of 6.35% and an average local rate of 0.00% for a combined total rate of 6.35%.
Do you get to keep more money in North Carolina or Connecticut?
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, Connecticut gives you $63,926.
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