Does Texas or Wisconsin have lower taxes? We answer that in a variety of ways below:
Texas vs Wisconsin Income Tax Comparison
Texas | Wisconsin | |
Income Tax Rates & Thresholds | None |
|
Median Income | $74,640 | $73,330 |
Income Tax Paid On Median Household Income | $9,189 | $11,817 |
Income After Tax Based on Median Household Income | $65,451 | $61,513 |
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Texas vs Wisconsin Property Tax Comparison
Texas | Wisconsin | |
Average Property Tax Rate | 1.25% | 1.15% |
Average House Price By State | $305,497 | $288,596 |
Average Property Tax Owed Per Year | $3,819 | $3,319 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $61,632 | $58,194 |
Texas vs Wisconsin Sales Tax Comparison
Texas | Wisconsin | |
Average State Sales Tax | 6.25% | 5.00% |
Average Local Sales Tax Across the State | 1.95% | 0.43% |
Average Combined Sales Tax Rate | 8.20% | 5.43% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,671 | $2,997 |
Maximum Disposable Income Based on Median Household Income | $56,961 | $55,197 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Texas | Wisconsin | |
Income Tax Owed | $3,040 | $4,191 |
After Tax Income | $36,960 | $35,809 |
Income After Income & Property Tax | $33,141 | $32,490 |
Maximum Disposable Income After Income, Property & Sales Taxes | $30,630 | $30,817 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Texas | Wisconsin | |
Income Tax Owed | $5,968 | $8,178 |
After Tax Income | $54,032 | $51,822 |
Income After Income & Property Tax | $50,213 | $48,503 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,408 | $46,005 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Texas | Wisconsin | |
Income Tax Owed | $10,368 | $13,638 |
After Tax Income | $69,632 | $66,362 |
Income After Income & Property Tax | $65,813 | $63,043 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,826 | $59,796 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Texas | Wisconsin | |
Income Tax Owed | $14,768 | $19,098 |
After Tax Income | $85,232 | $80,902 |
Income After Income & Property Tax | $81,413 | $77,583 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,243 | $73,587 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Texas | Wisconsin | |
Income Tax Owed | $8,481 | $12,140 |
After Tax Income | $91,519 | $87,860 |
Income After Income & Property Tax | $87,700 | $84,541 |
Maximum Disposable Income After Income, Property & Sales Taxes | $81,054 | $80,187 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Texas | Wisconsin | |
Income Tax Owed | $18,536 | $24,845 |
After Tax Income | $131,464 | $125,155 |
Income After Income & Property Tax | $127,645 | $121,836 |
Maximum Disposable Income After Income, Property & Sales Taxes | $117,972 | $115,561 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Texas | Wisconsin | |
Income Tax Owed | $29,536 | $38,495 |
After Tax Income | $170,464 | $161,505 |
Income After Income & Property Tax | $166,645 | $158,186 |
Maximum Disposable Income After Income, Property & Sales Taxes | $154,016 | $150,039 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Texas | Wisconsin | |
Income Tax Owed | $41,455 | $53,064 |
After Tax Income | $208,545 | $196,936 |
Income After Income & Property Tax | $204,726 | $193,617 |
Maximum Disposable Income After Income, Property & Sales Taxes | $189,211 | $183,645 |
FAQ
Does Texas or Wisconsin have lower income taxes?
Texas’s income tax falls into the following range: None
Whereas Wisconsin’s income tax is the following
- 3.54%: $0-$12,760
- 4.65%: $12,761-$25,520
- 5.30%: $25,521-$280,950
- 7.65%: $280,951+
Does Texas or Wisconsin have lower property taxes?
Texas has an average property tax rate of 1.25%
In comparison, Wisconsin has an average property tax rate of 1.15%
Does Texas or Wisconsin 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, Wisconsin has a state sales tax rate of 5.00% and an average local rate of 0.43% for a combined total rate of 5.43%.
Do you get to keep more money in Texas or Wisconsin?
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, Wisconsin gives you $55,197.
More Comparisons:
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