Does Ohio or Iowa have lower taxes? We answer that in a variety of ways below:
Ohio vs Iowa Income Tax Comparison
Ohio | Iowa | |
Income Tax Rates & Thresholds |
|
|
Median Income | $67,520 | $76,320 |
Income Tax Paid On Median Household Income | $8,830 | $13,833 |
Income After Tax Based on Median Household Income | $58,690 | $62,487 |
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Ohio vs Iowa Property Tax Comparison
Ohio | Iowa | |
Average Property Tax Rate | 1.27% | 1.25% |
Average House Price By State | $220,542 | $215,458 |
Average Property Tax Owed Per Year | $2,801 | $2,693 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $55,889 | $59,794 |
Ohio vs Iowa Sales Tax Comparison
Ohio | Iowa | |
Average State Sales Tax | 5.75% | 6.00% |
Average Local Sales Tax Across the State | 1.47% | 0.94% |
Average Combined Sales Tax Rate | 7.22% | 6.94% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,763 | $3,880 |
Maximum Disposable Income Based on Median Household Income | $52,126 | $55,913 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Ohio | Iowa | |
Income Tax Owed | $3,389 | $4,786 |
After Tax Income | $36,611 | $35,214 |
Income After Income & Property Tax | $33,810 | $32,521 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,533 | $30,410 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Ohio | Iowa | |
Income Tax Owed | $6,932 | $9,028 |
After Tax Income | $53,068 | $50,972 |
Income After Income & Property Tax | $50,267 | $48,279 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,882 | $45,146 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Ohio | Iowa | |
Income Tax Owed | $11,978 | $14,916 |
After Tax Income | $68,022 | $65,084 |
Income After Income & Property Tax | $65,221 | $62,391 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,829 | $58,342 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Ohio | Iowa | |
Income Tax Owed | $17,066 | $21,015 |
After Tax Income | $82,934 | $78,985 |
Income After Income & Property Tax | $80,133 | $76,292 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,737 | $71,341 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Ohio | Iowa | |
Income Tax Owed | $10,691 | $14,448 |
After Tax Income | $89,309 | $85,552 |
Income After Income & Property Tax | $86,508 | $82,859 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,683 | $77,482 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Ohio | Iowa | |
Income Tax Owed | $22,694 | $28,768 |
After Tax Income | $127,306 | $121,232 |
Income After Income & Property Tax | $124,505 | $118,539 |
Maximum Disposable Income After Income, Property & Sales Taxes | $116,121 | $110,846 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Ohio | Iowa | |
Income Tax Owed | $35,689 | $44,033 |
After Tax Income | $164,311 | $155,967 |
Income After Income & Property Tax | $161,510 | $153,274 |
Maximum Disposable Income After Income, Property & Sales Taxes | $150,634 | $143,327 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Ohio | Iowa | |
Income Tax Owed | $49,603 | $60,217 |
After Tax Income | $200,397 | $189,783 |
Income After Income & Property Tax | $197,596 | $187,090 |
Maximum Disposable Income After Income, Property & Sales Taxes | $184,290 | $174,948 |
FAQ
Does Ohio or Iowa have lower income taxes?
Ohio’s income tax falls into the following range:
- 2.77%: $26,050-$46,100
- 3.23%: $46,101-$92,150
- 3.69%: $92,151-$115,300
- 3.99%: $115,301+
Whereas Iowa’s income tax is the following
- 0.33%: $0-$1,743
- 0.67%: $1,744-$3,486
- 2.25%: $3,487-$6972
- 4.14%: $6,973-$15,687
- 5.63%: $15,688-$26,145
- 5.96%: $26,146-$34,860
- 6.25%: $34,861-$52,290
- 7.44%: $52,291-$78,435
- 8.53%: $78,436+
Does Ohio or Iowa have lower property taxes?
Ohio has an average property tax rate of 1.27%
In comparison, Iowa has an average property tax rate of 1.25%
Does Ohio or Iowa have lower sales taxes?
Ohio has a state sales tax rate of 5.75% and an average local rate of 1.47% for a combined total rate of 7.22%.
In contrast, Iowa has a state sales tax rate of 6.00% and an average local rate of 0.94% for a combined total rate of 6.94%.
Do you get to keep more money in Ohio or Iowa?
Based on median household income after income, property and sales taxes Ohio gives you a maximum amount of disposable income of $52,126
In comparison, Iowa gives you $55,913.
More Comparisons:
Ohio vs Nevada
Ohio vs Arkansas
Ohio vs Mississippi
Ohio vs Kansas
Ohio vs New Mexico
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