North Carolina vs Wyoming Taxes: Income, Property & Sales

Does North Carolina or Wyoming have lower taxes? We answer that in a variety of ways below:

North Carolina vs Wyoming Income Tax Comparison

	North Carolina	Wyoming
Income Tax Rates & Thresholds	4.99%	None
Median Income	$65,070	$73,090
Income Tax Paid On Median Household Income	$9,694	$8,848
Income After Tax Based on Median Household Income	$55,376	$64,242

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North Carolina vs Wyoming Property Tax Comparison

	North Carolina	Wyoming
Average Property Tax Rate	0.52%	0.64%
Average House Price By State	$321,447	$337,102
Average Property Tax Owed Per Year	$1,672	$2,157
Income After Income Taxes & Property Taxes Based On Median State Household Income	$53,704	$62,085

North Carolina vs Wyoming Sales Tax Comparison

	North Carolina	Wyoming
Average State Sales Tax	4.75%	4.00%
Average Local Sales Tax Across the State	2.23%	1.22%
Average Combined Sales Tax Rate	6.98%	5.22%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,504	$3,080
Maximum Disposable Income Based on Median Household Income	$50,200	$59,005

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

	North Carolina	Wyoming
Income Tax Owed	$4,400	$3,040
After Tax Income	$35,600	$36,960
Income After Income & Property Tax	$33,928	$34,803
Maximum Disposable Income After Income, Property & Sales Taxes	$31,715	$33,076

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

	North Carolina	Wyoming
Income Tax Owed	$8,326	$5,968
After Tax Income	$51,674	$54,032
Income After Income & Property Tax	$50,002	$51,875
Maximum Disposable Income After Income, Property & Sales Taxes	$46,740	$49,301

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

	North Carolina	Wyoming
Income Tax Owed	$13,724	$10,368
After Tax Income	$66,276	$69,632
Income After Income & Property Tax	$64,604	$67,475
Maximum Disposable Income After Income, Property & Sales Taxes	$60,389	$64,127

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

	North Carolina	Wyoming
Income Tax Owed	$19,122	$14,768
After Tax Income	$80,878	$85,232
Income After Income & Property Tax	$79,206	$83,075
Maximum Disposable Income After Income, Property & Sales Taxes	$74,039	$78,953

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

	North Carolina	Wyoming
Income Tax Owed	$12,198	$8,481
After Tax Income	$87,802	$91,519
Income After Income & Property Tax	$86,130	$89,362
Maximum Disposable Income After Income, Property & Sales Taxes	$80,511	$84,928

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

	North Carolina	Wyoming
Income Tax Owed	$24,748	$18,536
After Tax Income	$125,252	$131,464
Income After Income & Property Tax	$123,580	$129,307
Maximum Disposable Income After Income, Property & Sales Taxes	$115,517	$122,892

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

	North Carolina	Wyoming
Income Tax Owed	$38,243	$29,536
After Tax Income	$161,757	$170,464
Income After Income & Property Tax	$160,085	$168,307
Maximum Disposable Income After Income, Property & Sales Taxes	$149,641	$159,957

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

	North Carolina	Wyoming
Income Tax Owed	$52,657	$41,455
After Tax Income	$197,343	$208,545
Income After Income & Property Tax	$195,671	$206,388
Maximum Disposable Income After Income, Property & Sales Taxes	$182,905	$196,149

FAQ

Does North Carolina or Wyoming have lower income taxes?

North Carolina’s income tax falls into the following range: 4.99%

Whereas Wyoming’s income tax is the following None

Does North Carolina or Wyoming have lower property taxes?

North Carolina has an average property tax rate of 0.52%

In comparison, Wyoming has an average property tax rate of 0.64%

Does North Carolina or Wyoming 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, Wyoming has a state sales tax rate of 4.00% and an average local rate of 1.22% for a combined total rate of 5.22%.

Do you get to keep more money in North Carolina or Wyoming?

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, Wyoming gives you $59,005.

More Comparisons:

Michigan vs New Jersey
Michigan vs Virginia
Michigan vs Washington
Michigan vs Arizona
Michigan vs Tennessee

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/