Wisconsin vs Minnesota Taxes: Income, Property & Sales

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

Wisconsin vs Minnesota Income Tax Comparison

	Wisconsin	Minnesota
Income Tax Rates & Thresholds	3.54%: $0-$12,760 4.65%: $12,761-$25,520 5.30%: $25,521-$280,950 7.65%: $280,951+	5.35%: $0-$28,080 6.80%: $28,081-$92,230 7.85%: $92,231-$171,220 9.85%: $171,221+
Median Income	$73,330	$90,390
Income Tax Paid On Median Household Income	$11,817	$17,516
Income After Tax Based on Median Household Income	$61,513	$72,874

Top Accounting Software:

Wisconsin vs Minnesota Property Tax Comparison

	Wisconsin	Minnesota
Average Property Tax Rate	1.15%	0.90%
Average House Price By State	$288,596	$336,279
Average Property Tax Owed Per Year	$3,319	$3,027
Income After Income Taxes & Property Taxes Based On Median State Household Income	$58,194	$69,847

Wisconsin vs Minnesota Sales Tax Comparison

	Wisconsin	Minnesota
Average State Sales Tax	5.00%	6.88%
Average Local Sales Tax Across the State	0.43%	0.61%
Average Combined Sales Tax Rate	5.43%	7.49%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$2,997	$4,867
Maximum Disposable Income Based on Median Household Income	$55,197	$64,980

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

	Wisconsin	Minnesota
Income Tax Owed	$4,191	$4,490
After Tax Income	$35,809	$35,510
Income After Income & Property Tax	$32,490	$32,483
Maximum Disposable Income After Income, Property & Sales Taxes	$30,817	$30,220

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

	Wisconsin	Minnesota
Income Tax Owed	$8,178	$8,763
After Tax Income	$51,822	$51,237
Income After Income & Property Tax	$48,503	$48,210
Maximum Disposable Income After Income, Property & Sales Taxes	$46,005	$44,851

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

	Wisconsin	Minnesota
Income Tax Owed	$13,638	$14,523
After Tax Income	$66,362	$65,477
Income After Income & Property Tax	$63,043	$62,450
Maximum Disposable Income After Income, Property & Sales Taxes	$59,796	$58,099

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

	Wisconsin	Minnesota
Income Tax Owed	$19,098	$20,283
After Tax Income	$80,902	$79,717
Income After Income & Property Tax	$77,583	$76,690
Maximum Disposable Income After Income, Property & Sales Taxes	$73,587	$71,347

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

	Wisconsin	Minnesota
Income Tax Owed	$12,140	$12,931
After Tax Income	$87,860	$87,069
Income After Income & Property Tax	$84,541	$84,042
Maximum Disposable Income After Income, Property & Sales Taxes	$80,187	$78,186

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

	Wisconsin	Minnesota
Income Tax Owed	$24,845	$26,386
After Tax Income	$125,155	$123,614
Income After Income & Property Tax	$121,836	$120,587
Maximum Disposable Income After Income, Property & Sales Taxes	$115,561	$112,185

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

	Wisconsin	Minnesota
Income Tax Owed	$38,495	$40,903
After Tax Income	$161,505	$159,097
Income After Income & Property Tax	$158,186	$156,070
Maximum Disposable Income After Income, Property & Sales Taxes	$150,039	$145,195

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

	Wisconsin	Minnesota
Income Tax Owed	$53,064	$56,747
After Tax Income	$196,936	$193,253
Income After Income & Property Tax	$193,617	$190,226
Maximum Disposable Income After Income, Property & Sales Taxes	$183,645	$176,971

FAQ

Does Wisconsin or Minnesota have lower income taxes?

Wisconsin’s income tax falls into the following range:

• 3.54%: $0-$12,760
• 4.65%: $12,761-$25,520
• 5.30%: $25,521-$280,950
• 7.65%: $280,951+

Whereas Minnesota’s income tax is the following

• 5.35%: $0-$28,080
• 6.80%: $28,081-$92,230
• 7.85%: $92,231-$171,220
• 9.85%: $171,221+

Does Wisconsin or Minnesota have lower property taxes?

Wisconsin has an average property tax rate of 1.15%

In comparison, Minnesota has an average property tax rate of 0.90%

Does Wisconsin or Minnesota have lower sales taxes?

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%.

In contrast, Minnesota has a state sales tax rate of 6.88% and an average local rate of 0.61% for a combined total rate of 7.49%.

Do you get to keep more money in Wisconsin or Minnesota?

Based on median household income after income, property and sales taxes Wisconsin gives you a maximum amount of disposable income of $55,197

In comparison, Minnesota gives you $64,980.

More Comparisons:

Wisconsin vs South Carolina
Wisconsin vs Alabama
Wisconsin vs Louisiana
Wisconsin vs Kentucky
Wisconsin vs Oregon

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/