Oklahoma vs Wyoming Taxes: Income, Property & Sales

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

Oklahoma vs Wyoming Income Tax Comparison

	Oklahoma	Wyoming
Income Tax Rates & Thresholds	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+	None
Median Income	$63,440	$73,090
Income Tax Paid On Median Household Income	$9,200	$8,848
Income After Tax Based on Median Household Income	$54,240	$64,242

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Oklahoma vs Wyoming Property Tax Comparison

	Oklahoma	Wyoming
Average Property Tax Rate	0.76%	0.64%
Average House Price By State	$200,203	$337,102
Average Property Tax Owed Per Year	$1,522	$2,157
Income After Income Taxes & Property Taxes Based On Median State Household Income	$52,718	$62,085

Oklahoma vs Wyoming Sales Tax Comparison

	Oklahoma	Wyoming
Average State Sales Tax	4.50%	4.00%
Average Local Sales Tax Across the State	4.47%	1.22%
Average Combined Sales Tax Rate	8.97%	5.22%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,340	$3,080
Maximum Disposable Income Based on Median Household Income	$48,379	$59,005

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

	Oklahoma	Wyoming
Income Tax Owed	$4,403	$3,040
After Tax Income	$35,597	$36,960
Income After Income & Property Tax	$34,075	$34,803
Maximum Disposable Income After Income, Property & Sales Taxes	$31,270	$33,076

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

	Oklahoma	Wyoming
Income Tax Owed	$8,280	$5,968
After Tax Income	$51,720	$54,032
Income After Income & Property Tax	$50,198	$51,875
Maximum Disposable Income After Income, Property & Sales Taxes	$46,066	$49,301

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

	Oklahoma	Wyoming
Income Tax Owed	$13,630	$10,368
After Tax Income	$66,370	$69,632
Income After Income & Property Tax	$64,848	$67,475
Maximum Disposable Income After Income, Property & Sales Taxes	$59,510	$64,127

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

	Oklahoma	Wyoming
Income Tax Owed	$18,980	$14,768
After Tax Income	$81,020	$85,232
Income After Income & Property Tax	$79,498	$83,075
Maximum Disposable Income After Income, Property & Sales Taxes	$72,954	$78,953

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

	Oklahoma	Wyoming
Income Tax Owed	$12,178	$8,481
After Tax Income	$87,822	$91,519
Income After Income & Property Tax	$86,300	$89,362
Maximum Disposable Income After Income, Property & Sales Taxes	$79,197	$84,928

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

	Oklahoma	Wyoming
Income Tax Owed	$24,608	$18,536
After Tax Income	$125,392	$131,464
Income After Income & Property Tax	$123,870	$129,307
Maximum Disposable Income After Income, Property & Sales Taxes	$113,674	$122,892

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

	Oklahoma	Wyoming
Income Tax Owed	$37,983	$29,536
After Tax Income	$162,017	$170,464
Income After Income & Property Tax	$160,495	$168,307
Maximum Disposable Income After Income, Property & Sales Taxes	$147,284	$159,957

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

	Oklahoma	Wyoming
Income Tax Owed	$52,277	$41,455
After Tax Income	$197,723	$208,545
Income After Income & Property Tax	$196,201	$206,388
Maximum Disposable Income After Income, Property & Sales Taxes	$180,051	$196,149

FAQ

Does Oklahoma or Wyoming 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 Wyoming’s income tax is the following None

Does Oklahoma or Wyoming have lower property taxes?

Oklahoma has an average property tax rate of 0.76%

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

Does Oklahoma or Wyoming 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, 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 Oklahoma or Wyoming?

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, Wyoming gives you $59,005.

More Comparisons:

Connecticut vs Utah
Connecticut vs Iowa
Connecticut vs Nevada
Connecticut vs Arkansas
Connecticut vs Mississippi

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/