Does Virginia or Connecticut have lower taxes? We answer that in a variety of ways below:
Virginia vs Connecticut Income Tax Comparison
Virginia | Connecticut | |
Income Tax Rates & Thresholds |
|
|
Median Income | $85,170 | $90,730 |
Income Tax Paid On Median Household Income | $15,833 | $16,444 |
Income After Tax Based on Median Household Income | $69,337 | $74,286 |
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Virginia vs Connecticut Property Tax Comparison
Virginia | Connecticut | |
Average Property Tax Rate | 0.72% | 1.57% |
Average House Price By State | $376,931 | $401,285 |
Average Property Tax Owed Per Year | $2,714 | $6,300 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $66,623 | $67,986 |
Virginia vs Connecticut Sales Tax Comparison
Virginia | Connecticut | |
Average State Sales Tax | 5.30% | 6.35% |
Average Local Sales Tax Across the State | 0.45% | 0.00% |
Average Combined Sales Tax Rate | 5.75% | 6.35% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,623 | $4,059 |
Maximum Disposable Income Based on Median Household Income | $63,001 | $63,926 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Virginia | Connecticut | |
Income Tax Owed | $4,771 | $4,090 |
After Tax Income | $35,229 | $35,910 |
Income After Income & Property Tax | $32,515 | $29,610 |
Maximum Disposable Income After Income, Property & Sales Taxes | $30,747 | $27,842 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Virginia | Connecticut | |
Income Tax Owed | $8,848 | $8,018 |
After Tax Income | $51,152 | $51,982 |
Income After Income & Property Tax | $48,438 | $45,682 |
Maximum Disposable Income After Income, Property & Sales Taxes | $45,804 | $42,954 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Virginia | Connecticut | |
Income Tax Owed | $14,398 | $13,493 |
After Tax Income | $65,602 | $66,507 |
Income After Income & Property Tax | $62,888 | $60,207 |
Maximum Disposable Income After Income, Property & Sales Taxes | $59,469 | $56,612 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Virginia | Connecticut | |
Income Tax Owed | $19,948 | $18,993 |
After Tax Income | $80,052 | $81,007 |
Income After Income & Property Tax | $77,338 | $74,707 |
Maximum Disposable Income After Income, Property & Sales Taxes | $73,133 | $70,246 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Virginia | Connecticut | |
Income Tax Owed | $13,349 | $11,881 |
After Tax Income | $86,651 | $88,119 |
Income After Income & Property Tax | $83,937 | $81,819 |
Maximum Disposable Income After Income, Property & Sales Taxes | $79,373 | $76,934 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Virginia | Connecticut | |
Income Tax Owed | $26,279 | $24,566 |
After Tax Income | $123,721 | $125,434 |
Income After Income & Property Tax | $121,007 | $119,134 |
Maximum Disposable Income After Income, Property & Sales Taxes | $114,428 | $112,021 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Virginia | Connecticut | |
Income Tax Owed | $40,154 | $38,316 |
After Tax Income | $159,846 | $161,684 |
Income After Income & Property Tax | $157,132 | $155,384 |
Maximum Disposable Income After Income, Property & Sales Taxes | $148,588 | $146,106 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Virginia | Connecticut | |
Income Tax Owed | $54,948 | $53,115 |
After Tax Income | $195,052 | $196,885 |
Income After Income & Property Tax | $192,338 | $190,585 |
Maximum Disposable Income After Income, Property & Sales Taxes | $181,880 | $179,205 |
FAQ
Does Virginia or Connecticut have lower income taxes?
Virginia’s income tax falls into the following range:
- 2.00%: $0-$3,000
- 3.00%: $3,001-$5,000
- 5.00%: $5,001-$17,000
- 5.75%: $17,001+
Whereas Connecticut’s income tax is the following
- 3.00%: $0-$10,000
- 5.00%: $10,000-$50,000
- 5.50%: $50,001-$100,000
- 6.00%: $100,001-$200,000
- 6.50%: $200,001-$250,000
- 6.90%: $250,001-$500,000
- 6.99%: $500,001+
Does Virginia or Connecticut have lower property taxes?
Virginia has an average property tax rate of 0.72%
In comparison, Connecticut has an average property tax rate of 1.57%
Does Virginia or Connecticut have lower sales taxes?
Virginia has a state sales tax rate of 5.30% and an average local rate of 0.45% for a combined total rate of 5.75%.
In contrast, Connecticut has a state sales tax rate of 6.35% and an average local rate of 0.00% for a combined total rate of 6.35%.
Do you get to keep more money in Virginia or Connecticut?
Based on median household income after income, property and sales taxes Virginia gives you a maximum amount of disposable income of $63,001
In comparison, Connecticut gives you $63,926.
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