Does Oklahoma or Arkansas have lower taxes? We answer that in a variety of ways below:
Oklahoma vs Arkansas Income Tax Comparison
Oklahoma | Arkansas | |
Income Tax Rates & Thresholds |
|
|
Median Income | $63,440 | $53,980 |
Income Tax Paid On Median Household Income | $9,200 | $7,352 |
Income After Tax Based on Median Household Income | $54,240 | $46,628 |
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Oklahoma vs Arkansas Property Tax Comparison
Oklahoma | Arkansas | |
Average Property Tax Rate | 0.76% | 0.53% |
Average House Price By State | $200,203 | $199,284 |
Average Property Tax Owed Per Year | $1,522 | $1,056 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $52,718 | $45,572 |
Oklahoma vs Arkansas Sales Tax Comparison
Oklahoma | Arkansas | |
Average State Sales Tax | 4.50% | 6.50% |
Average Local Sales Tax Across the State | 4.47% | 2.97% |
Average Combined Sales Tax Rate | 8.97% | 9.47% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,340 | $3,942 |
Maximum Disposable Income Based on Median Household Income | $48,379 | $41,629 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Oklahoma | Arkansas | |
Income Tax Owed | $4,403 | $4,906 |
After Tax Income | $35,597 | $35,094 |
Income After Income & Property Tax | $34,075 | $34,038 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,270 | $31,093 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Oklahoma | Arkansas | |
Income Tax Owed | $8,280 | $8,933 |
After Tax Income | $51,720 | $51,067 |
Income After Income & Property Tax | $50,198 | $50,011 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,066 | $45,684 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Oklahoma | Arkansas | |
Income Tax Owed | $13,630 | $14,433 |
After Tax Income | $66,370 | $65,567 |
Income After Income & Property Tax | $64,848 | $64,511 |
Maximum Disposable Income After Income, Property & Sales Taxes | $59,510 | $58,930 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Oklahoma | Arkansas | |
Income Tax Owed | $18,980 | $19,933 |
After Tax Income | $81,020 | $80,067 |
Income After Income & Property Tax | $79,498 | $79,011 |
Maximum Disposable Income After Income, Property & Sales Taxes | $72,954 | $72,176 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Oklahoma | Arkansas | |
Income Tax Owed | $12,178 | $13,525 |
After Tax Income | $87,822 | $86,475 |
Income After Income & Property Tax | $86,300 | $85,419 |
Maximum Disposable Income After Income, Property & Sales Taxes | $79,197 | $78,029 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Oklahoma | Arkansas | |
Income Tax Owed | $24,608 | $26,330 |
After Tax Income | $125,392 | $123,670 |
Income After Income & Property Tax | $123,870 | $122,614 |
Maximum Disposable Income After Income, Property & Sales Taxes | $113,674 | $112,007 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Oklahoma | Arkansas | |
Income Tax Owed | $37,983 | $40,080 |
After Tax Income | $162,017 | $159,920 |
Income After Income & Property Tax | $160,495 | $158,864 |
Maximum Disposable Income After Income, Property & Sales Taxes | $147,284 | $145,121 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Oklahoma | Arkansas | |
Income Tax Owed | $52,277 | $54,749 |
After Tax Income | $197,723 | $195,251 |
Income After Income & Property Tax | $196,201 | $194,195 |
Maximum Disposable Income After Income, Property & Sales Taxes | $180,051 | $177,395 |
FAQ
Does Oklahoma or Arkansas have lower income taxes?
Oklahoma’s income tax falls into the following range:
- 0.25%: $0-$1,000
- 0.75%: $1,001-$2,500
- 1.75%: $2,501-$3,750
- 2.75%: $3,751-$4,900
- 3.75%: $4,901-$7,200
- 4.75%: $7,201+
Whereas Arkansas’s income tax is the following
- 2.00%: $0-$4,300
- 4.00%: $4,300-$8,500
- 4.90%: $8,501+
Does Oklahoma or Arkansas have lower property taxes?
Oklahoma has an average property tax rate of 0.76%
In comparison, Arkansas has an average property tax rate of 0.53%
Does Oklahoma or Arkansas have lower sales taxes?
Oklahoma has a state sales tax rate of 4.50% and an average local rate of 4.47% for a combined total rate of 8.97%.
In contrast, Arkansas has a state sales tax rate of 6.50% and an average local rate of 2.97% for a combined total rate of 9.47%.
Do you get to keep more money in Oklahoma or Arkansas?
Based on median household income after income, property and sales taxes Oklahoma gives you a maximum amount of disposable income of $48,379
In comparison, Arkansas gives you $41,629.
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