Does Tennessee or Connecticut have lower taxes? We answer that in a variety of ways below:
Tennessee vs Connecticut Income Tax Comparison
Tennessee | Connecticut | |
Income Tax Rates & Thresholds | None |
|
Median Income | $65,380 | $90,730 |
Income Tax Paid On Median Household Income | $7,151 | $16,444 |
Income After Tax Based on Median Household Income | $58,229 | $74,286 |
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Tennessee vs Connecticut Property Tax Comparison
Tennessee | Connecticut | |
Average Property Tax Rate | 0.42% | 1.57% |
Average House Price By State | $310,782 | $401,285 |
Average Property Tax Owed Per Year | $1,305 | $6,300 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $56,924 | $67,986 |
Tennessee vs Connecticut Sales Tax Comparison
Tennessee | Connecticut | |
Average State Sales Tax | 7.00% | 6.35% |
Average Local Sales Tax Across the State | 2.55% | 0.00% |
Average Combined Sales Tax Rate | 9.55% | 6.35% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,962 | $4,059 |
Maximum Disposable Income Based on Median Household Income | $51,961 | $63,926 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Tennessee | Connecticut | |
Income Tax Owed | $3,040 | $4,090 |
After Tax Income | $36,960 | $35,910 |
Income After Income & Property Tax | $35,655 | $29,610 |
Maximum Disposable Income After Income, Property & Sales Taxes | $32,547 | $27,842 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Tennessee | Connecticut | |
Income Tax Owed | $5,968 | $8,018 |
After Tax Income | $54,032 | $51,982 |
Income After Income & Property Tax | $52,727 | $45,682 |
Maximum Disposable Income After Income, Property & Sales Taxes | $48,130 | $42,954 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Tennessee | Connecticut | |
Income Tax Owed | $10,368 | $13,493 |
After Tax Income | $69,632 | $66,507 |
Income After Income & Property Tax | $68,327 | $60,207 |
Maximum Disposable Income After Income, Property & Sales Taxes | $62,370 | $56,612 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Tennessee | Connecticut | |
Income Tax Owed | $14,768 | $18,993 |
After Tax Income | $85,232 | $81,007 |
Income After Income & Property Tax | $83,927 | $74,707 |
Maximum Disposable Income After Income, Property & Sales Taxes | $76,610 | $70,246 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Tennessee | Connecticut | |
Income Tax Owed | $8,481 | $11,881 |
After Tax Income | $91,519 | $88,119 |
Income After Income & Property Tax | $90,214 | $81,819 |
Maximum Disposable Income After Income, Property & Sales Taxes | $82,349 | $76,934 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Tennessee | Connecticut | |
Income Tax Owed | $18,536 | $24,566 |
After Tax Income | $131,464 | $125,434 |
Income After Income & Property Tax | $130,159 | $119,134 |
Maximum Disposable Income After Income, Property & Sales Taxes | $118,812 | $112,021 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Tennessee | Connecticut | |
Income Tax Owed | $29,536 | $38,316 |
After Tax Income | $170,464 | $161,684 |
Income After Income & Property Tax | $169,159 | $155,384 |
Maximum Disposable Income After Income, Property & Sales Taxes | $154,412 | $146,106 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Tennessee | Connecticut | |
Income Tax Owed | $41,455 | $53,115 |
After Tax Income | $208,545 | $196,885 |
Income After Income & Property Tax | $207,240 | $190,585 |
Maximum Disposable Income After Income, Property & Sales Taxes | $189,174 | $179,205 |
FAQ
Does Tennessee or Connecticut have lower income taxes?
Tennessee’s income tax falls into the following range: None
Whereas Connecticut’s income tax is the following
- 3.00%: $0-$10,000
- 5.00%: $10,000-$50,000
- 5.50%: $50,001-$100,000
- 6.00%: $100,001-$200,000
- 6.50%: $200,001-$250,000
- 6.90%: $250,001-$500,000
- 6.99%: $500,001+
Does Tennessee or Connecticut have lower property taxes?
Tennessee has an average property tax rate of 0.42%
In comparison, Connecticut has an average property tax rate of 1.57%
Does Tennessee or Connecticut 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, Connecticut has a state sales tax rate of 6.35% and an average local rate of 0.00% for a combined total rate of 6.35%.
Do you get to keep more money in Tennessee or Connecticut?
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, Connecticut gives you $63,926.
More Comparisons:
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Tennessee vs Mississippi
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