Does Tennessee or Alaska have lower taxes? We answer that in a variety of ways below:
Tennessee vs Alaska Income Tax Comparison
Tennessee | Alaska | |
Income Tax Rates & Thresholds | None | None |
Median Income | $65,380 | $89,740 |
Income Tax Paid On Median Household Income | $7,151 | $12,511 |
Income After Tax Based on Median Household Income | $58,229 | $77,229 |
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Tennessee vs Alaska Property Tax Comparison
Tennessee | Alaska | |
Average Property Tax Rate | 0.42% | 0.97% |
Average House Price By State | $310,782 | $364,964 |
Average Property Tax Owed Per Year | $1,305 | $3,540 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $56,924 | $73,689 |
Tennessee vs Alaska Sales Tax Comparison
Tennessee | Alaska | |
Average State Sales Tax | 7.00% | 0.00% |
Average Local Sales Tax Across the State | 2.55% | 1.76% |
Average Combined Sales Tax Rate | 9.55% | 1.76% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,962 | $1,274 |
Maximum Disposable Income Based on Median Household Income | $51,961 | $72,414 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Tennessee | Alaska | |
Income Tax Owed | $3,040 | $3,040 |
After Tax Income | $36,960 | $36,960 |
Income After Income & Property Tax | $35,655 | $33,420 |
Maximum Disposable Income After Income, Property & Sales Taxes | $32,547 | $32,842 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Tennessee | Alaska | |
Income Tax Owed | $5,968 | $5,968 |
After Tax Income | $54,032 | $54,032 |
Income After Income & Property Tax | $52,727 | $50,492 |
Maximum Disposable Income After Income, Property & Sales Taxes | $48,130 | $49,619 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Tennessee | Alaska | |
Income Tax Owed | $10,368 | $10,368 |
After Tax Income | $69,632 | $69,632 |
Income After Income & Property Tax | $68,327 | $66,092 |
Maximum Disposable Income After Income, Property & Sales Taxes | $62,370 | $64,949 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Tennessee | Alaska | |
Income Tax Owed | $14,768 | $14,768 |
After Tax Income | $85,232 | $85,232 |
Income After Income & Property Tax | $83,927 | $81,692 |
Maximum Disposable Income After Income, Property & Sales Taxes | $76,610 | $80,279 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Tennessee | Alaska | |
Income Tax Owed | $8,481 | $8,481 |
After Tax Income | $91,519 | $91,519 |
Income After Income & Property Tax | $90,214 | $87,979 |
Maximum Disposable Income After Income, Property & Sales Taxes | $82,349 | $86,457 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Tennessee | Alaska | |
Income Tax Owed | $18,536 | $18,536 |
After Tax Income | $131,464 | $131,464 |
Income After Income & Property Tax | $130,159 | $127,924 |
Maximum Disposable Income After Income, Property & Sales Taxes | $118,812 | $125,711 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Tennessee | Alaska | |
Income Tax Owed | $29,536 | $29,536 |
After Tax Income | $170,464 | $170,464 |
Income After Income & Property Tax | $169,159 | $166,924 |
Maximum Disposable Income After Income, Property & Sales Taxes | $154,412 | $164,037 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Tennessee | Alaska | |
Income Tax Owed | $41,455 | $41,455 |
After Tax Income | $208,545 | $208,545 |
Income After Income & Property Tax | $207,240 | $205,005 |
Maximum Disposable Income After Income, Property & Sales Taxes | $189,174 | $201,459 |
FAQ
Does Tennessee or Alaska have lower income taxes?
Tennessee’s income tax falls into the following range: None
Whereas Alaska’s income tax is the following None
Does Tennessee or Alaska have lower property taxes?
Tennessee has an average property tax rate of 0.42%
In comparison, Alaska has an average property tax rate of 0.97%
Does Tennessee or Alaska have lower sales taxes?
Tennessee has a state sales tax rate of 7.00% and an average local rate of 2.55% for a combined total rate of 9.55%.
In contrast, Alaska has a state sales tax rate of 0.00% and an average local rate of 1.76% for a combined total rate of 1.76%.
Do you get to keep more money in Tennessee or Alaska?
Based on median household income after income, property and sales taxes Tennessee gives you a maximum amount of disposable income of $51,961
In comparison, Alaska gives you $72,414.
More Comparisons:
Tennessee vs Washington DC
Tennessee vs Vermont
Tennessee vs Wyoming
Massachusetts vs Indiana
Massachusetts vs Missouri
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