Does Tennessee or New Hampshire have lower taxes? We answer that in a variety of ways below:
Tennessee vs New Hampshire Income Tax Comparison
Tennessee | New Hampshire | |
Income Tax Rates & Thresholds | None | 5% on interest and dividends only |
Median Income | $65,380 | $84,970 |
Income Tax Paid On Median Household Income | $7,151 | $11,461 |
Income After Tax Based on Median Household Income | $58,229 | $73,509 |
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Tennessee vs New Hampshire Property Tax Comparison
Tennessee | New Hampshire | |
Average Property Tax Rate | 0.42% | 1.28% |
Average House Price By State | $310,782 | $467,775 |
Average Property Tax Owed Per Year | $1,305 | $5,988 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $56,924 | $67,521 |
Tennessee vs New Hampshire Sales Tax Comparison
Tennessee | New Hampshire | |
Average State Sales Tax | 7.00% | 0.00% |
Average Local Sales Tax Across the State | 2.55% | 0.00% |
Average Combined Sales Tax Rate | 9.55% | 0.00% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,962 | $0 |
Maximum Disposable Income Based on Median Household Income | $51,961 | $67,521 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Tennessee | New Hampshire | |
Income Tax Owed | $3,040 | $3,040 |
After Tax Income | $36,960 | $36,960 |
Income After Income & Property Tax | $35,655 | $30,972 |
Maximum Disposable Income After Income, Property & Sales Taxes | $32,547 | $30,972 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Tennessee | New Hampshire | |
Income Tax Owed | $5,968 | $5,968 |
After Tax Income | $54,032 | $54,032 |
Income After Income & Property Tax | $52,727 | $48,044 |
Maximum Disposable Income After Income, Property & Sales Taxes | $48,130 | $48,044 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Tennessee | New Hampshire | |
Income Tax Owed | $10,368 | $10,368 |
After Tax Income | $69,632 | $69,632 |
Income After Income & Property Tax | $68,327 | $63,644 |
Maximum Disposable Income After Income, Property & Sales Taxes | $62,370 | $63,644 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Tennessee | New Hampshire | |
Income Tax Owed | $14,768 | $14,768 |
After Tax Income | $85,232 | $85,232 |
Income After Income & Property Tax | $83,927 | $79,244 |
Maximum Disposable Income After Income, Property & Sales Taxes | $76,610 | $79,244 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Tennessee | New Hampshire | |
Income Tax Owed | $8,481 | $8,481 |
After Tax Income | $91,519 | $91,519 |
Income After Income & Property Tax | $90,214 | $85,531 |
Maximum Disposable Income After Income, Property & Sales Taxes | $82,349 | $85,531 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Tennessee | New Hampshire | |
Income Tax Owed | $18,536 | $18,536 |
After Tax Income | $131,464 | $131,464 |
Income After Income & Property Tax | $130,159 | $125,476 |
Maximum Disposable Income After Income, Property & Sales Taxes | $118,812 | $125,476 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Tennessee | New Hampshire | |
Income Tax Owed | $29,536 | $29,536 |
After Tax Income | $170,464 | $170,464 |
Income After Income & Property Tax | $169,159 | $164,476 |
Maximum Disposable Income After Income, Property & Sales Taxes | $154,412 | $164,476 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Tennessee | New Hampshire | |
Income Tax Owed | $41,455 | $41,455 |
After Tax Income | $208,545 | $208,545 |
Income After Income & Property Tax | $207,240 | $202,557 |
Maximum Disposable Income After Income, Property & Sales Taxes | $189,174 | $202,557 |
FAQ
Does Tennessee or New Hampshire have lower income taxes?
Tennessee’s income tax falls into the following range: None
Whereas New Hampshire’s income tax is the following 5% on interest and dividends only
Does Tennessee or New Hampshire have lower property taxes?
Tennessee has an average property tax rate of 0.42%
In comparison, New Hampshire has an average property tax rate of 1.28%
Does Tennessee or New Hampshire 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, New Hampshire has a state sales tax rate of 0.00% and an average local rate of 0.00% for a combined total rate of 0.00%.
Do you get to keep more money in Tennessee or New Hampshire?
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, New Hampshire gives you $67,521.
More Comparisons:
Tennessee vs Maine
Tennessee vs Montana
Tennessee vs Rhode Island
Tennessee vs Delaware
Tennessee vs South Dakota
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