Does Tennessee or Idaho have lower taxes? We answer that in a variety of ways below:
Tennessee vs Idaho Income Tax Comparison
Tennessee | Idaho | |
Income Tax Rates & Thresholds | None |
|
Median Income | $65,380 | $72,580 |
Income Tax Paid On Median Household Income | $7,151 | $13,701 |
Income After Tax Based on Median Household Income | $58,229 | $58,879 |
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Tennessee vs Idaho Property Tax Comparison
Tennessee | Idaho | |
Average Property Tax Rate | 0.42% | 0.46% |
Average House Price By State | $310,782 | $443,638 |
Average Property Tax Owed Per Year | $1,305 | $2,041 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $56,924 | $56,838 |
Tennessee vs Idaho Sales Tax Comparison
Tennessee | Idaho | |
Average State Sales Tax | 7.00% | 6.00% |
Average Local Sales Tax Across the State | 2.55% | 0.02% |
Average Combined Sales Tax Rate | 9.55% | 6.02% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,962 | $3,227 |
Maximum Disposable Income Based on Median Household Income | $51,961 | $53,611 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Tennessee | Idaho | |
Income Tax Owed | $3,040 | $4,441 |
After Tax Income | $36,960 | $35,559 |
Income After Income & Property Tax | $35,655 | $33,518 |
Maximum Disposable Income After Income, Property & Sales Taxes | $32,547 | $31,615 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Tennessee | Idaho | |
Income Tax Owed | $5,968 | $8,568 |
After Tax Income | $54,032 | $51,432 |
Income After Income & Property Tax | $52,727 | $49,391 |
Maximum Disposable Income After Income, Property & Sales Taxes | $48,130 | $46,587 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Tennessee | Idaho | |
Income Tax Owed | $10,368 | $14,168 |
After Tax Income | $69,632 | $65,832 |
Income After Income & Property Tax | $68,327 | $63,791 |
Maximum Disposable Income After Income, Property & Sales Taxes | $62,370 | $60,169 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Tennessee | Idaho | |
Income Tax Owed | $14,768 | $19,768 |
After Tax Income | $85,232 | $80,232 |
Income After Income & Property Tax | $83,927 | $78,191 |
Maximum Disposable Income After Income, Property & Sales Taxes | $76,610 | $73,751 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Tennessee | Idaho | |
Income Tax Owed | $8,481 | $12,482 |
After Tax Income | $91,519 | $87,518 |
Income After Income & Property Tax | $90,214 | $85,477 |
Maximum Disposable Income After Income, Property & Sales Taxes | $82,349 | $80,624 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Tennessee | Idaho | |
Income Tax Owed | $18,536 | $25,537 |
After Tax Income | $131,464 | $124,463 |
Income After Income & Property Tax | $130,159 | $122,422 |
Maximum Disposable Income After Income, Property & Sales Taxes | $118,812 | $115,471 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Tennessee | Idaho | |
Income Tax Owed | $29,536 | $39,537 |
After Tax Income | $170,464 | $160,463 |
Income After Income & Property Tax | $169,159 | $158,422 |
Maximum Disposable Income After Income, Property & Sales Taxes | $154,412 | $149,427 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Tennessee | Idaho | |
Income Tax Owed | $41,455 | $54,456 |
After Tax Income | $208,545 | $195,544 |
Income After Income & Property Tax | $207,240 | $193,503 |
Maximum Disposable Income After Income, Property & Sales Taxes | $189,174 | $182,516 |
FAQ
Does Tennessee or Idaho have lower income taxes?
Tennessee’s income tax falls into the following range: None
Whereas Idaho’s income tax is the following
- 1.00%: $0-$1,662
- 3.00%: $1,663-$4,987
- 4.50%: $4,988-$8,311
- 6.00%: $8,312+
Does Tennessee or Idaho have lower property taxes?
Tennessee has an average property tax rate of 0.42%
In comparison, Idaho has an average property tax rate of 0.46%
Does Tennessee or Idaho 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, Idaho has a state sales tax rate of 6.00% and an average local rate of 0.02% for a combined total rate of 6.02%.
Do you get to keep more money in Tennessee or Idaho?
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, Idaho gives you $53,611.
More Comparisons:
Tennessee vs West Virginia
Tennessee vs Hawaii
Tennessee vs New Hampshire
Tennessee vs Maine
Tennessee vs Montana
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