Texas vs Minnesota Taxes: Income, Property & Sales

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

Texas vs Minnesota Income Tax Comparison

	Texas	Minnesota
Income Tax Rates & Thresholds	None	5.35%: $0-$28,080 6.80%: $28,081-$92,230 7.85%: $92,231-$171,220 9.85%: $171,221+
Median Income	$74,640	$90,390
Income Tax Paid On Median Household Income	$9,189	$17,516
Income After Tax Based on Median Household Income	$65,451	$72,874

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Texas vs Minnesota Property Tax Comparison

	Texas	Minnesota
Average Property Tax Rate	1.25%	0.90%
Average House Price By State	$305,497	$336,279
Average Property Tax Owed Per Year	$3,819	$3,027
Income After Income Taxes & Property Taxes Based On Median State Household Income	$61,632	$69,847

Texas vs Minnesota Sales Tax Comparison

	Texas	Minnesota
Average State Sales Tax	6.25%	6.88%
Average Local Sales Tax Across the State	1.95%	0.61%
Average Combined Sales Tax Rate	8.20%	7.49%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,671	$4,867
Maximum Disposable Income Based on Median Household Income	$56,961	$64,980

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

	Texas	Minnesota
Income Tax Owed	$3,040	$4,490
After Tax Income	$36,960	$35,510
Income After Income & Property Tax	$33,141	$32,483
Maximum Disposable Income After Income, Property & Sales Taxes	$30,630	$30,220

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

	Texas	Minnesota
Income Tax Owed	$5,968	$8,763
After Tax Income	$54,032	$51,237
Income After Income & Property Tax	$50,213	$48,210
Maximum Disposable Income After Income, Property & Sales Taxes	$46,408	$44,851

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

	Texas	Minnesota
Income Tax Owed	$10,368	$14,523
After Tax Income	$69,632	$65,477
Income After Income & Property Tax	$65,813	$62,450
Maximum Disposable Income After Income, Property & Sales Taxes	$60,826	$58,099

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

	Texas	Minnesota
Income Tax Owed	$14,768	$20,283
After Tax Income	$85,232	$79,717
Income After Income & Property Tax	$81,413	$76,690
Maximum Disposable Income After Income, Property & Sales Taxes	$75,243	$71,347

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

	Texas	Minnesota
Income Tax Owed	$8,481	$12,931
After Tax Income	$91,519	$87,069
Income After Income & Property Tax	$87,700	$84,042
Maximum Disposable Income After Income, Property & Sales Taxes	$81,054	$78,186

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

	Texas	Minnesota
Income Tax Owed	$18,536	$26,386
After Tax Income	$131,464	$123,614
Income After Income & Property Tax	$127,645	$120,587
Maximum Disposable Income After Income, Property & Sales Taxes	$117,972	$112,185

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

	Texas	Minnesota
Income Tax Owed	$29,536	$40,903
After Tax Income	$170,464	$159,097
Income After Income & Property Tax	$166,645	$156,070
Maximum Disposable Income After Income, Property & Sales Taxes	$154,016	$145,195

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

	Texas	Minnesota
Income Tax Owed	$41,455	$56,747
After Tax Income	$208,545	$193,253
Income After Income & Property Tax	$204,726	$190,226
Maximum Disposable Income After Income, Property & Sales Taxes	$189,211	$176,971

FAQ

Does Texas or Minnesota have lower income taxes?

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

Whereas Minnesota’s income tax is the following

• 5.35%: $0-$28,080
• 6.80%: $28,081-$92,230
• 7.85%: $92,231-$171,220
• 9.85%: $171,221+

Does Texas or Minnesota have lower property taxes?

Texas has an average property tax rate of 1.25%

In comparison, Minnesota has an average property tax rate of 0.90%

Does Texas or Minnesota 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, Minnesota has a state sales tax rate of 6.88% and an average local rate of 0.61% for a combined total rate of 7.49%.

Do you get to keep more money in Texas or Minnesota?

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, Minnesota gives you $64,980.

More Comparisons:

Texas vs South Carolina
Texas vs Alabama
Texas vs Louisiana
Texas vs Kentucky
Texas vs Oregon

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/