Virginia vs Maryland Taxes: Income, Property & Sales

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

Virginia vs Maryland Income Tax Comparison

	Virginia	Maryland
Income Tax Rates & Thresholds	2.00%: $0-$3,000 3.00%: $3,001-$5,000 5.00%: $5,001-$17,000 5.75%: $17,001+	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+
Median Income	$85,170	$108,200
Income Tax Paid On Median Household Income	$15,833	$21,525
Income After Tax Based on Median Household Income	$69,337	$86,675

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Virginia vs Maryland Property Tax Comparison

	Virginia	Maryland
Average Property Tax Rate	0.72%	0.76%
Average House Price By State	$376,931	$416,643
Average Property Tax Owed Per Year	$2,714	$3,166
Income After Income Taxes & Property Taxes Based On Median State Household Income	$66,623	$83,509

Virginia vs Maryland Sales Tax Comparison

	Virginia	Maryland
Average State Sales Tax	5.30%	6.00%
Average Local Sales Tax Across the State	0.45%	0.00%
Average Combined Sales Tax Rate	5.75%	6.00%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,623	$4,727
Maximum Disposable Income Based on Median Household Income	$63,001	$78,782

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

	Virginia	Maryland
Income Tax Owed	$4,771	$4,624
After Tax Income	$35,229	$35,376
Income After Income & Property Tax	$32,515	$32,210
Maximum Disposable Income After Income, Property & Sales Taxes	$30,747	$30,386

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

	Virginia	Maryland
Income Tax Owed	$8,848	$8,502
After Tax Income	$51,152	$51,498
Income After Income & Property Tax	$48,438	$48,332
Maximum Disposable Income After Income, Property & Sales Taxes	$45,804	$45,596

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

	Virginia	Maryland
Income Tax Owed	$14,398	$13,852
After Tax Income	$65,602	$66,148
Income After Income & Property Tax	$62,888	$62,982
Maximum Disposable Income After Income, Property & Sales Taxes	$59,469	$59,417

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

	Virginia	Maryland
Income Tax Owed	$19,948	$19,202
After Tax Income	$80,052	$80,798
Income After Income & Property Tax	$77,338	$77,632
Maximum Disposable Income After Income, Property & Sales Taxes	$73,133	$73,237

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

	Virginia	Maryland
Income Tax Owed	$13,349	$12,651
After Tax Income	$86,651	$87,349
Income After Income & Property Tax	$83,937	$84,183
Maximum Disposable Income After Income, Property & Sales Taxes	$79,373	$79,417

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

	Virginia	Maryland
Income Tax Owed	$26,279	$25,081
After Tax Income	$123,721	$124,919
Income After Income & Property Tax	$121,007	$121,753
Maximum Disposable Income After Income, Property & Sales Taxes	$114,428	$114,861

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

	Virginia	Maryland
Income Tax Owed	$40,154	$38,588
After Tax Income	$159,846	$161,412
Income After Income & Property Tax	$157,132	$158,246
Maximum Disposable Income After Income, Property & Sales Taxes	$148,588	$149,288

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

	Virginia	Maryland
Income Tax Owed	$54,948	$53,167
After Tax Income	$195,052	$196,833
Income After Income & Property Tax	$192,338	$193,667
Maximum Disposable Income After Income, Property & Sales Taxes	$181,880	$182,704

FAQ

Does Virginia or Maryland 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 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 Virginia or Maryland have lower property taxes?

Virginia has an average property tax rate of 0.72%

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

Does Virginia or Maryland 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, 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 Virginia or Maryland?

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, Maryland gives you $78,782.

More Comparisons:

Virginia vs Wisconsin
Virginia vs Colorado
Virginia vs Minnesota
Virginia vs South Carolina
Virginia vs Alabama

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/