Tennessee vs Oklahoma Taxes: Income, Property & Sales

Does Tennessee or Oklahoma have lower taxes? We answer that in a variety of ways below:

Tennessee vs Oklahoma Income Tax Comparison

	Tennessee	Oklahoma
Income Tax Rates & Thresholds	None	0.25%: $0-$1,000 0.75%: $1,001-$2,500 1.75%: $2,501-$3,750 2.75%: $3,751-$4,900 3.75%: $4,901-$7,200 4.75%: $7,201+
Median Income	$65,380	$63,440
Income Tax Paid On Median Household Income	$7,151	$9,200
Income After Tax Based on Median Household Income	$58,229	$54,240

Top Accounting Software:

Tennessee vs Oklahoma Property Tax Comparison

	Tennessee	Oklahoma
Average Property Tax Rate	0.42%	0.76%
Average House Price By State	$310,782	$200,203
Average Property Tax Owed Per Year	$1,305	$1,522
Income After Income Taxes & Property Taxes Based On Median State Household Income	$56,924	$52,718

Tennessee vs Oklahoma Sales Tax Comparison

	Tennessee	Oklahoma
Average State Sales Tax	7.00%	4.50%
Average Local Sales Tax Across the State	2.55%	4.47%
Average Combined Sales Tax Rate	9.55%	8.97%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,962	$4,340
Maximum Disposable Income Based on Median Household Income	$51,961	$48,379

After Tax Comparison Earning $40,000 Per Year Filing As Single

	Tennessee	Oklahoma
Income Tax Owed	$3,040	$4,403
After Tax Income	$36,960	$35,597
Income After Income & Property Tax	$35,655	$34,075
Maximum Disposable Income After Income, Property & Sales Taxes	$32,547	$31,270

After Tax Comparison Earning $60,000 Per Year Filing As Single

	Tennessee	Oklahoma
Income Tax Owed	$5,968	$8,280
After Tax Income	$54,032	$51,720
Income After Income & Property Tax	$52,727	$50,198
Maximum Disposable Income After Income, Property & Sales Taxes	$48,130	$46,066

After Tax Comparison Earning $80,000 Per Year Filing As Single

	Tennessee	Oklahoma
Income Tax Owed	$10,368	$13,630
After Tax Income	$69,632	$66,370
Income After Income & Property Tax	$68,327	$64,848
Maximum Disposable Income After Income, Property & Sales Taxes	$62,370	$59,510

After Tax Comparison Earning $100,000 Per Year Filing As Single

	Tennessee	Oklahoma
Income Tax Owed	$14,768	$18,980
After Tax Income	$85,232	$81,020
Income After Income & Property Tax	$83,927	$79,498
Maximum Disposable Income After Income, Property & Sales Taxes	$76,610	$72,954

After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly

	Tennessee	Oklahoma
Income Tax Owed	$8,481	$12,178
After Tax Income	$91,519	$87,822
Income After Income & Property Tax	$90,214	$86,300
Maximum Disposable Income After Income, Property & Sales Taxes	$82,349	$79,197

After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly

	Tennessee	Oklahoma
Income Tax Owed	$18,536	$24,608
After Tax Income	$131,464	$125,392
Income After Income & Property Tax	$130,159	$123,870
Maximum Disposable Income After Income, Property & Sales Taxes	$118,812	$113,674

After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly

	Tennessee	Oklahoma
Income Tax Owed	$29,536	$37,983
After Tax Income	$170,464	$162,017
Income After Income & Property Tax	$169,159	$160,495
Maximum Disposable Income After Income, Property & Sales Taxes	$154,412	$147,284

After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly

	Tennessee	Oklahoma
Income Tax Owed	$41,455	$52,277
After Tax Income	$208,545	$197,723
Income After Income & Property Tax	$207,240	$196,201
Maximum Disposable Income After Income, Property & Sales Taxes	$189,174	$180,051

FAQ

Does Tennessee or Oklahoma have lower income taxes?

Tennessee’s income tax falls into the following range: None

Whereas Oklahoma’s income tax is the following

• 0.25%: $0-$1,000
• 0.75%: $1,001-$2,500
• 1.75%: $2,501-$3,750
• 2.75%: $3,751-$4,900
• 3.75%: $4,901-$7,200
• 4.75%: $7,201+

Does Tennessee or Oklahoma have lower property taxes?

Tennessee has an average property tax rate of 0.42%

In comparison, Oklahoma has an average property tax rate of 0.76%

Does Tennessee or Oklahoma 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, Oklahoma has a state sales tax rate of 4.50% and an average local rate of 4.47% for a combined total rate of 8.97%.

Do you get to keep more money in Tennessee or Oklahoma?

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, Oklahoma gives you $48,379.

More Comparisons:

Tennessee vs Connecticut
Tennessee vs Utah
Tennessee vs Iowa
Tennessee vs Nevada
Tennessee vs Arkansas

Sources:

https://en.wikipedia.org/wiki/State_income_tax#Rates_by_jurisdiction

https://www.bankrate.com/real-estate/property-tax-by-state/#by-state

https://fred.stlouisfed.org/release/tables?eid=259515&rid=249

https://www.fool.com/the-ascent/research/average-house-price-state/

https://taxfoundation.org/data/all/state/2022-sales-taxes/

https://www.forbes.com/advisor/income-tax-calculator/