Does Tennessee or Louisiana have lower taxes? We answer that in a variety of ways below:
Tennessee vs Louisiana Income Tax Comparison
Tennessee | Louisiana | |
Income Tax Rates & Thresholds | None |
|
Median Income | $65,380 | $58,330 |
Income Tax Paid On Median Household Income | $7,151 | $7,307 |
Income After Tax Based on Median Household Income | $58,229 | $51,023 |
Top Accounting Software:
Tennessee vs Louisiana Property Tax Comparison
Tennessee | Louisiana | |
Average Property Tax Rate | 0.42% | 0.53% |
Average House Price By State | $310,782 | $200,947 |
Average Property Tax Owed Per Year | $1,305 | $1,065 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $56,924 | $49,958 |
Tennessee vs Louisiana Sales Tax Comparison
Tennessee | Louisiana | |
Average State Sales Tax | 7.00% | 4.45% |
Average Local Sales Tax Across the State | 2.55% | 5.10% |
Average Combined Sales Tax Rate | 9.55% | 9.55% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,962 | $4,355 |
Maximum Disposable Income Based on Median Household Income | $51,961 | $45,603 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Tennessee | Louisiana | |
Income Tax Owed | $3,040 | $4,077 |
After Tax Income | $36,960 | $35,923 |
Income After Income & Property Tax | $35,655 | $34,858 |
Maximum Disposable Income After Income, Property & Sales Taxes | $32,547 | $31,819 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Tennessee | Louisiana | |
Income Tax Owed | $5,968 | $7,745 |
After Tax Income | $54,032 | $52,255 |
Income After Income & Property Tax | $52,727 | $51,190 |
Maximum Disposable Income After Income, Property & Sales Taxes | $48,130 | $46,728 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Tennessee | Louisiana | |
Income Tax Owed | $10,368 | $12,995 |
After Tax Income | $69,632 | $67,005 |
Income After Income & Property Tax | $68,327 | $65,940 |
Maximum Disposable Income After Income, Property & Sales Taxes | $62,370 | $60,192 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Tennessee | Louisiana | |
Income Tax Owed | $14,768 | $18,245 |
After Tax Income | $85,232 | $81,755 |
Income After Income & Property Tax | $83,927 | $80,690 |
Maximum Disposable Income After Income, Property & Sales Taxes | $76,610 | $73,656 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Tennessee | Louisiana | |
Income Tax Owed | $8,481 | $11,253 |
After Tax Income | $91,519 | $88,747 |
Income After Income & Property Tax | $90,214 | $87,682 |
Maximum Disposable Income After Income, Property & Sales Taxes | $82,349 | $80,038 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Tennessee | Louisiana | |
Income Tax Owed | $18,536 | $23,366 |
After Tax Income | $131,464 | $126,634 |
Income After Income & Property Tax | $130,159 | $125,569 |
Maximum Disposable Income After Income, Property & Sales Taxes | $118,812 | $114,623 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Tennessee | Louisiana | |
Income Tax Owed | $29,536 | $36,491 |
After Tax Income | $170,464 | $163,509 |
Income After Income & Property Tax | $169,159 | $162,444 |
Maximum Disposable Income After Income, Property & Sales Taxes | $154,412 | $148,283 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Tennessee | Louisiana | |
Income Tax Owed | $41,455 | $50,535 |
After Tax Income | $208,545 | $199,465 |
Income After Income & Property Tax | $207,240 | $198,400 |
Maximum Disposable Income After Income, Property & Sales Taxes | $189,174 | $181,105 |
FAQ
Does Tennessee or Louisiana have lower income taxes?
Tennessee’s income tax falls into the following range: None
Whereas Louisiana’s income tax is the following
- 1.85%: $0-$12,500
- 3.50%: $12,501-$50,000
- 4.25%: $50,001+
Does Tennessee or Louisiana have lower property taxes?
Tennessee has an average property tax rate of 0.42%
In comparison, Louisiana has an average property tax rate of 0.53%
Does Tennessee or Louisiana 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, Louisiana has a state sales tax rate of 4.45% and an average local rate of 5.10% for a combined total rate of 9.55%.
Do you get to keep more money in Tennessee or Louisiana?
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, Louisiana gives you $45,603.
More Comparisons:
Tennessee vs Kentucky
Tennessee vs Oregon
Tennessee vs Oklahoma
Tennessee vs Connecticut
Tennessee vs Utah
Sources: