Does Washington or Wyoming have lower taxes? We answer that in a variety of ways below:
Washington vs Wyoming Income Tax Comparison
Washington | Wyoming | |
Income Tax Rates & Thresholds | 7.0% on capital gains income only | None |
Median Income | $89,430 | $73,090 |
Income Tax Paid On Median Household Income | $12,442 | $8,848 |
Income After Tax Based on Median Household Income | $76,988 | $64,242 |
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Washington vs Wyoming Property Tax Comparison
Washington | Wyoming | |
Average Property Tax Rate | 0.70% | 0.64% |
Average House Price By State | $593,406 | $337,102 |
Average Property Tax Owed Per Year | $4,154 | $2,157 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $72,834 | $62,085 |
Washington vs Wyoming Sales Tax Comparison
Washington | Wyoming | |
Average State Sales Tax | 6.50% | 4.00% |
Average Local Sales Tax Across the State | 2.79% | 1.22% |
Average Combined Sales Tax Rate | 9.29% | 5.22% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $6,191 | $3,080 |
Maximum Disposable Income Based on Median Household Income | $66,643 | $59,005 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Washington | Wyoming | |
Income Tax Owed | $3,040 | $3,040 |
After Tax Income | $36,960 | $36,960 |
Income After Income & Property Tax | $32,806 | $34,803 |
Maximum Disposable Income After Income, Property & Sales Taxes | $30,018 | $33,076 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Washington | Wyoming | |
Income Tax Owed | $5,968 | $5,968 |
After Tax Income | $54,032 | $54,032 |
Income After Income & Property Tax | $49,878 | $51,875 |
Maximum Disposable Income After Income, Property & Sales Taxes | $45,638 | $49,301 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Washington | Wyoming | |
Income Tax Owed | $10,368 | $10,368 |
After Tax Income | $69,632 | $69,632 |
Income After Income & Property Tax | $65,478 | $67,475 |
Maximum Disposable Income After Income, Property & Sales Taxes | $59,912 | $64,127 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Washington | Wyoming | |
Income Tax Owed | $14,768 | $14,768 |
After Tax Income | $85,232 | $85,232 |
Income After Income & Property Tax | $81,078 | $83,075 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,186 | $78,953 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Washington | Wyoming | |
Income Tax Owed | $8,481 | $8,481 |
After Tax Income | $91,519 | $91,519 |
Income After Income & Property Tax | $87,365 | $89,362 |
Maximum Disposable Income After Income, Property & Sales Taxes | $79,939 | $84,928 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Washington | Wyoming | |
Income Tax Owed | $18,536 | $18,536 |
After Tax Income | $131,464 | $131,464 |
Income After Income & Property Tax | $127,310 | $129,307 |
Maximum Disposable Income After Income, Property & Sales Taxes | $116,488 | $122,892 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Washington | Wyoming | |
Income Tax Owed | $29,536 | $29,536 |
After Tax Income | $170,464 | $170,464 |
Income After Income & Property Tax | $166,310 | $168,307 |
Maximum Disposable Income After Income, Property & Sales Taxes | $152,173 | $159,957 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Washington | Wyoming | |
Income Tax Owed | $41,455 | $41,455 |
After Tax Income | $208,545 | $208,545 |
Income After Income & Property Tax | $204,391 | $206,388 |
Maximum Disposable Income After Income, Property & Sales Taxes | $187,017 | $196,149 |
FAQ
Does Washington or Wyoming have lower income taxes?
Washington’s income tax falls into the following range: 7.0% on capital gains income only
Whereas Wyoming’s income tax is the following None
Does Washington or Wyoming have lower property taxes?
Washington has an average property tax rate of 0.70%
In comparison, Wyoming has an average property tax rate of 0.64%
Does Washington or Wyoming have lower sales taxes?
Washington has a state sales tax rate of 6.50% and an average local rate of 2.79% for a combined total rate of 9.29%.
In contrast, Wyoming has a state sales tax rate of 4.00% and an average local rate of 1.22% for a combined total rate of 5.22%.
Do you get to keep more money in Washington or Wyoming?
Based on median household income after income, property and sales taxes Washington gives you a maximum amount of disposable income of $66,643
In comparison, Wyoming gives you $59,005.
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