Does North Carolina or Michigan have lower taxes? We answer that in a variety of ways below:
North Carolina vs Michigan Income Tax Comparison
North Carolina | Michigan | |
Income Tax Rates & Thresholds | 4.99% | 4.25% |
Median Income | $65,070 | $68,990 |
Income Tax Paid On Median Household Income | $9,694 | $10,665 |
Income After Tax Based on Median Household Income | $55,376 | $58,325 |
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North Carolina vs Michigan Property Tax Comparison
North Carolina | Michigan | |
Average Property Tax Rate | 0.52% | 1.06% |
Average House Price By State | $321,447 | $233,019 |
Average Property Tax Owed Per Year | $1,672 | $2,470 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $53,704 | $55,855 |
North Carolina vs Michigan Sales Tax Comparison
North Carolina | Michigan | |
Average State Sales Tax | 4.75% | 6.00% |
Average Local Sales Tax Across the State | 2.23% | 0.00% |
Average Combined Sales Tax Rate | 6.98% | 6.00% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,504 | $3,162 |
Maximum Disposable Income Based on Median Household Income | $50,200 | $52,693 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
North Carolina | Michigan | |
Income Tax Owed | $4,400 | $4,528 |
After Tax Income | $35,600 | $35,472 |
Income After Income & Property Tax | $33,928 | $33,002 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,715 | $31,134 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
North Carolina | Michigan | |
Income Tax Owed | $8,326 | $8,305 |
After Tax Income | $51,674 | $51,695 |
Income After Income & Property Tax | $50,002 | $49,225 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,740 | $46,439 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
North Carolina | Michigan | |
Income Tax Owed | $13,724 | $13,555 |
After Tax Income | $66,276 | $66,445 |
Income After Income & Property Tax | $64,604 | $63,975 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,389 | $60,354 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
North Carolina | Michigan | |
Income Tax Owed | $19,122 | $18,805 |
After Tax Income | $80,878 | $81,195 |
Income After Income & Property Tax | $79,206 | $78,725 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,039 | $74,269 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
North Carolina | Michigan | |
Income Tax Owed | $12,198 | $12,306 |
After Tax Income | $87,802 | $87,694 |
Income After Income & Property Tax | $86,130 | $85,224 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,511 | $80,400 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
North Carolina | Michigan | |
Income Tax Owed | $24,748 | $24,486 |
After Tax Income | $125,252 | $125,514 |
Income After Income & Property Tax | $123,580 | $123,044 |
Maximum Disposable Income After Income, Property & Sales Taxes | $115,517 | $116,079 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
North Carolina | Michigan | |
Income Tax Owed | $38,243 | $37,611 |
After Tax Income | $161,757 | $162,389 |
Income After Income & Property Tax | $160,085 | $159,919 |
Maximum Disposable Income After Income, Property & Sales Taxes | $149,641 | $150,867 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
North Carolina | Michigan | |
Income Tax Owed | $52,657 | $51,655 |
After Tax Income | $197,343 | $198,345 |
Income After Income & Property Tax | $195,671 | $195,875 |
Maximum Disposable Income After Income, Property & Sales Taxes | $182,905 | $184,788 |
FAQ
Does North Carolina or Michigan have lower income taxes?
North Carolina’s income tax falls into the following range: 4.99%
Whereas Michigan’s income tax is the following 4.25%
Does North Carolina or Michigan have lower property taxes?
North Carolina has an average property tax rate of 0.52%
In comparison, Michigan has an average property tax rate of 1.06%
Does North Carolina or Michigan 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, Michigan has a state sales tax rate of 6.00% and an average local rate of 0.00% for a combined total rate of 6.00%.
Do you get to keep more money in North Carolina or Michigan?
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, Michigan gives you $52,693.
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