Does Virginia or Rhode Island have lower taxes? We answer that in a variety of ways below:
Virginia vs Rhode Island Income Tax Comparison
Virginia | Rhode Island | |
Income Tax Rates & Thresholds |
|
|
Median Income | $85,170 | $80,650 |
Income Tax Paid On Median Household Income | $15,833 | $13,023 |
Income After Tax Based on Median Household Income | $69,337 | $67,627 |
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Virginia vs Rhode Island Property Tax Comparison
Virginia | Rhode Island | |
Average Property Tax Rate | 0.72% | 1.01% |
Average House Price By State | $376,931 | $442,945 |
Average Property Tax Owed Per Year | $2,714 | $4,474 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $66,623 | $63,153 |
Virginia vs Rhode Island Sales Tax Comparison
Virginia | Rhode Island | |
Average State Sales Tax | 5.30% | 7.00% |
Average Local Sales Tax Across the State | 0.45% | 0.00% |
Average Combined Sales Tax Rate | 5.75% | 7.00% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,623 | $4,132 |
Maximum Disposable Income Based on Median Household Income | $63,001 | $59,022 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Virginia | Rhode Island | |
Income Tax Owed | $4,771 | $4,029 |
After Tax Income | $35,229 | $35,971 |
Income After Income & Property Tax | $32,515 | $31,497 |
Maximum Disposable Income After Income, Property & Sales Taxes | $30,747 | $29,437 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Virginia | Rhode Island | |
Income Tax Owed | $8,848 | $7,706 |
After Tax Income | $51,152 | $52,294 |
Income After Income & Property Tax | $48,438 | $47,820 |
Maximum Disposable Income After Income, Property & Sales Taxes | $45,804 | $44,692 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Virginia | Rhode Island | |
Income Tax Owed | $14,398 | $12,856 |
After Tax Income | $65,602 | $67,144 |
Income After Income & Property Tax | $62,888 | $62,670 |
Maximum Disposable Income After Income, Property & Sales Taxes | $59,469 | $58,570 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Virginia | Rhode Island | |
Income Tax Owed | $19,948 | $18,187 |
After Tax Income | $80,052 | $81,813 |
Income After Income & Property Tax | $77,338 | $77,339 |
Maximum Disposable Income After Income, Property & Sales Taxes | $73,133 | $72,280 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Virginia | Rhode Island | |
Income Tax Owed | $13,349 | $11,252 |
After Tax Income | $86,651 | $88,748 |
Income After Income & Property Tax | $83,937 | $84,274 |
Maximum Disposable Income After Income, Property & Sales Taxes | $79,373 | $78,761 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Virginia | Rhode Island | |
Income Tax Owed | $26,279 | $23,682 |
After Tax Income | $123,721 | $126,318 |
Income After Income & Property Tax | $121,007 | $121,844 |
Maximum Disposable Income After Income, Property & Sales Taxes | $114,428 | $113,873 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Virginia | Rhode Island | |
Income Tax Owed | $40,154 | $37,276 |
After Tax Income | $159,846 | $162,724 |
Income After Income & Property Tax | $157,132 | $158,250 |
Maximum Disposable Income After Income, Property & Sales Taxes | $148,588 | $147,897 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Virginia | Rhode Island | |
Income Tax Owed | $54,948 | $52,190 |
After Tax Income | $195,052 | $197,810 |
Income After Income & Property Tax | $192,338 | $193,336 |
Maximum Disposable Income After Income, Property & Sales Taxes | $181,880 | $180,688 |
FAQ
Does Virginia or Rhode Island 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 Rhode Island’s income tax is the following
- 3.75%: $0-$68,200
- 4.75%: $68,201-$155,050
- 5.99%: $155,051+
Does Virginia or Rhode Island have lower property taxes?
Virginia has an average property tax rate of 0.72%
In comparison, Rhode Island has an average property tax rate of 1.01%
Does Virginia or Rhode Island 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, Rhode Island has a state sales tax rate of 7.00% and an average local rate of 0.00% for a combined total rate of 7.00%.
Do you get to keep more money in Virginia or Rhode Island?
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, Rhode Island gives you $59,022.
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