Does Texas or Maryland have lower taxes? We answer that in a variety of ways below:
Texas vs Maryland Income Tax Comparison
Texas | Maryland | |
Income Tax Rates & Thresholds | None |
|
Median Income | $74,640 | $108,200 |
Income Tax Paid On Median Household Income | $9,189 | $21,525 |
Income After Tax Based on Median Household Income | $65,451 | $86,675 |
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Texas vs Maryland Property Tax Comparison
Texas | Maryland | |
Average Property Tax Rate | 1.25% | 0.76% |
Average House Price By State | $305,497 | $416,643 |
Average Property Tax Owed Per Year | $3,819 | $3,166 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $61,632 | $83,509 |
Texas vs Maryland Sales Tax Comparison
Texas | Maryland | |
Average State Sales Tax | 6.25% | 6.00% |
Average Local Sales Tax Across the State | 1.95% | 0.00% |
Average Combined Sales Tax Rate | 8.20% | 6.00% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,671 | $4,727 |
Maximum Disposable Income Based on Median Household Income | $56,961 | $78,782 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Texas | Maryland | |
Income Tax Owed | $3,040 | $4,624 |
After Tax Income | $36,960 | $35,376 |
Income After Income & Property Tax | $33,141 | $32,210 |
Maximum Disposable Income After Income, Property & Sales Taxes | $30,630 | $30,386 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Texas | Maryland | |
Income Tax Owed | $5,968 | $8,502 |
After Tax Income | $54,032 | $51,498 |
Income After Income & Property Tax | $50,213 | $48,332 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,408 | $45,596 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Texas | Maryland | |
Income Tax Owed | $10,368 | $13,852 |
After Tax Income | $69,632 | $66,148 |
Income After Income & Property Tax | $65,813 | $62,982 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,826 | $59,417 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Texas | Maryland | |
Income Tax Owed | $14,768 | $19,202 |
After Tax Income | $85,232 | $80,798 |
Income After Income & Property Tax | $81,413 | $77,632 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,243 | $73,237 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Texas | Maryland | |
Income Tax Owed | $8,481 | $12,651 |
After Tax Income | $91,519 | $87,349 |
Income After Income & Property Tax | $87,700 | $84,183 |
Maximum Disposable Income After Income, Property & Sales Taxes | $81,054 | $79,417 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Texas | Maryland | |
Income Tax Owed | $18,536 | $25,081 |
After Tax Income | $131,464 | $124,919 |
Income After Income & Property Tax | $127,645 | $121,753 |
Maximum Disposable Income After Income, Property & Sales Taxes | $117,972 | $114,861 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Texas | Maryland | |
Income Tax Owed | $29,536 | $38,588 |
After Tax Income | $170,464 | $161,412 |
Income After Income & Property Tax | $166,645 | $158,246 |
Maximum Disposable Income After Income, Property & Sales Taxes | $154,016 | $149,288 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Texas | Maryland | |
Income Tax Owed | $41,455 | $53,167 |
After Tax Income | $208,545 | $196,833 |
Income After Income & Property Tax | $204,726 | $193,667 |
Maximum Disposable Income After Income, Property & Sales Taxes | $189,211 | $182,704 |
FAQ
Does Texas or Maryland have lower income taxes?
Texas’s income tax falls into the following range: None
Whereas Maryland’s income tax is the following
- 2.00%: $0-$1,000
- 3.00%: $1,001-$2,000
- 4.00%: $2,001-$3,000
- 4.75%: $3,001-$100,000
- 5.00%: $100,001-$125,000
- 5.25%: $125,001-$150,000
- 5.50%: $150,001-$250,000
- 5.75%: $250,001+
Does Texas or Maryland have lower property taxes?
Texas has an average property tax rate of 1.25%
In comparison, Maryland has an average property tax rate of 0.76%
Does Texas or Maryland have lower sales taxes?
Texas has a state sales tax rate of 6.25% and an average local rate of 1.95% for a combined total rate of 8.20%.
In contrast, Maryland has a state sales tax rate of 6.00% and an average local rate of 0.00% for a combined total rate of 6.00%.
Do you get to keep more money in Texas or Maryland?
Based on median household income after income, property and sales taxes Texas gives you a maximum amount of disposable income of $56,961
In comparison, Maryland gives you $78,782.
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