Does North Carolina or Indiana have lower taxes? We answer that in a variety of ways below:
North Carolina vs Indiana Income Tax Comparison
North Carolina | Indiana | |
Income Tax Rates & Thresholds | 4.99% | 3.23% |
Median Income | $65,070 | $70,030 |
Income Tax Paid On Median Household Income | $9,694 | $10,404 |
Income After Tax Based on Median Household Income | $55,376 | $59,626 |
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North Carolina vs Indiana Property Tax Comparison
North Carolina | Indiana | |
Average Property Tax Rate | 0.52% | 0.74% |
Average House Price By State | $321,447 | $232,390 |
Average Property Tax Owed Per Year | $1,672 | $1,720 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $53,704 | $57,906 |
North Carolina vs Indiana Sales Tax Comparison
North Carolina | Indiana | |
Average State Sales Tax | 4.75% | 7.00% |
Average Local Sales Tax Across the State | 2.23% | 0.00% |
Average Combined Sales Tax Rate | 6.98% | 7.00% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,504 | $3,788 |
Maximum Disposable Income Based on Median Household Income | $50,200 | $54,118 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
North Carolina | Indiana | |
Income Tax Owed | $4,400 | $4,300 |
After Tax Income | $35,600 | $35,700 |
Income After Income & Property Tax | $33,928 | $33,980 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,715 | $31,757 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
North Carolina | Indiana | |
Income Tax Owed | $8,326 | $7,873 |
After Tax Income | $51,674 | $52,127 |
Income After Income & Property Tax | $50,002 | $50,407 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,740 | $47,110 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
North Carolina | Indiana | |
Income Tax Owed | $13,724 | $12,919 |
After Tax Income | $66,276 | $67,081 |
Income After Income & Property Tax | $64,604 | $65,361 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,389 | $61,085 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
North Carolina | Indiana | |
Income Tax Owed | $19,122 | $17,965 |
After Tax Income | $80,878 | $82,035 |
Income After Income & Property Tax | $79,206 | $80,315 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,039 | $75,061 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
North Carolina | Indiana | |
Income Tax Owed | $12,198 | $11,646 |
After Tax Income | $87,802 | $88,354 |
Income After Income & Property Tax | $86,130 | $86,634 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,511 | $80,967 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
North Carolina | Indiana | |
Income Tax Owed | $24,748 | $23,316 |
After Tax Income | $125,252 | $126,684 |
Income After Income & Property Tax | $123,580 | $124,964 |
Maximum Disposable Income After Income, Property & Sales Taxes | $115,517 | $116,789 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
North Carolina | Indiana | |
Income Tax Owed | $38,243 | $35,931 |
After Tax Income | $161,757 | $164,069 |
Income After Income & Property Tax | $160,085 | $162,349 |
Maximum Disposable Income After Income, Property & Sales Taxes | $149,641 | $151,728 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
North Carolina | Indiana | |
Income Tax Owed | $52,657 | $49,465 |
After Tax Income | $197,343 | $200,535 |
Income After Income & Property Tax | $195,671 | $198,815 |
Maximum Disposable Income After Income, Property & Sales Taxes | $182,905 | $185,809 |
FAQ
Does North Carolina or Indiana have lower income taxes?
North Carolina’s income tax falls into the following range: 4.99%
Whereas Indiana’s income tax is the following 3.23%
Does North Carolina or Indiana have lower property taxes?
North Carolina has an average property tax rate of 0.52%
In comparison, Indiana has an average property tax rate of 0.74%
Does North Carolina or Indiana 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, Indiana has a state sales tax rate of 7.00% and an average local rate of 0.00% for a combined total rate of 7.00%.
Do you get to keep more money in North Carolina or Indiana?
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, Indiana gives you $54,118.
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