California vs New Mexico Taxes: Income, Property & Sales

Does California or New Mexico have lower taxes? We answer that in a variety of ways below:

California vs New Mexico Income Tax Comparison

	California	New Mexico
Income Tax Rates & Thresholds	1.00%: $0-$10,099 2.00%: $10,100-$23,942 4.00%: $23,943-$37,788 6.00%: $37,789-$52,455 8.00%: $52,456-$66,295 9.30%: $66,296-$338,639 10.30%: $338,640-$406,364 11.30%: $406,365-$677,275 12.30%: $677,276-$1,000,000 13.30%: $1,000,001+	1.70%: $0-$5,500 3.20%: $5,501-$11,000 4.70%: $11,001-$16,000 4.90%: $16,001-$210,000 5.90%: $210,001+
Median Income	$85,300	$56,420
Income Tax Paid On Median Household Income	$16,010	$7,031
Income After Tax Based on Median Household Income	$69,290	$49,389

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California vs New Mexico Property Tax Comparison

	California	New Mexico
Average Property Tax Rate	0.66%	0.60%
Average House Price By State	$762,981	$293,766
Average Property Tax Owed Per Year	$5,036	$1,763
Income After Income Taxes & Property Taxes Based On Median State Household Income	$64,254	$47,626

California vs New Mexico Sales Tax Comparison

	California	New Mexico
Average State Sales Tax	7.25%	5.13%
Average Local Sales Tax Across the State	1.57%	2.71%
Average Combined Sales Tax Rate	8.82%	7.84%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$5,208	$3,462
Maximum Disposable Income Based on Median Household Income	$59,046	$44,164

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

	California	New Mexico
Income Tax Owed	$3,911	$4,086
After Tax Income	$36,089	$35,914
Income After Income & Property Tax	$31,053	$34,151
Maximum Disposable Income After Income, Property & Sales Taxes	$28,536	$31,669

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

	California	New Mexico
Income Tax Owed	$8,171	$7,994
After Tax Income	$51,829	$52,006
Income After Income & Property Tax	$46,793	$50,243
Maximum Disposable Income After Income, Property & Sales Taxes	$43,001	$46,591

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

	California	New Mexico
Income Tax Owed	$14,351	$13,374
After Tax Income	$65,649	$66,626
Income After Income & Property Tax	$60,613	$64,863
Maximum Disposable Income After Income, Property & Sales Taxes	$55,701	$60,148

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

	California	New Mexico
Income Tax Owed	$20,611	$18,754
After Tax Income	$79,389	$81,246
Income After Income & Property Tax	$74,353	$79,483
Maximum Disposable Income After Income, Property & Sales Taxes	$68,327	$73,705

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

	California	New Mexico
Income Tax Owed	$11,423	$11,704
After Tax Income	$88,577	$88,296
Income After Income & Property Tax	$83,541	$86,533
Maximum Disposable Income After Income, Property & Sales Taxes	$76,770	$80,242

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

	California	New Mexico
Income Tax Owed	$25,573	$24,209
After Tax Income	$124,427	$125,791
Income After Income & Property Tax	$119,391	$124,028
Maximum Disposable Income After Income, Property & Sales Taxes	$109,715	$115,012

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

	California	New Mexico
Income Tax Owed	$41,223	$37,659
After Tax Income	$158,777	$162,341
Income After Income & Property Tax	$153,741	$160,578
Maximum Disposable Income After Income, Property & Sales Taxes	$141,280	$148,904

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

	California	New Mexico
Income Tax Owed	$57,792	$52,028
After Tax Income	$192,208	$197,972
Income After Income & Property Tax	$187,172	$196,209
Maximum Disposable Income After Income, Property & Sales Taxes	$172,002	$181,945

FAQ

Does California or New Mexico have lower income taxes?

California’s income tax falls into the following range:

• 1.00%: $0-$10,099
• 2.00%: $10,100-$23,942
• 4.00%: $23,943-$37,788
• 6.00%: $37,789-$52,455
• 8.00%: $52,456-$66,295
• 9.30%: $66,296-$338,639
• 10.30%: $338,640-$406,364
• 11.30%: $406,365-$677,275
• 12.30%: $677,276-$1,000,000
• 13.30%: $1,000,001+

Whereas New Mexico’s income tax is the following

• 1.70%: $0-$5,500
• 3.20%: $5,501-$11,000
• 4.70%: $11,001-$16,000
• 4.90%: $16,001-$210,000
• 5.90%: $210,001+

Does California or New Mexico have lower property taxes?

California has an average property tax rate of 0.66%

In comparison, New Mexico has an average property tax rate of 0.60%

Does California or New Mexico have lower sales taxes?

California has a state sales tax rate of 7.25% and an average local rate of 1.57% for a combined total rate of 8.82%.

In contrast, New Mexico has a state sales tax rate of 5.13% and an average local rate of 2.71% for a combined total rate of 7.84%.

Do you get to keep more money in California or New Mexico?

Based on median household income after income, property and sales taxes California gives you a maximum amount of disposable income of $59,046

In comparison, New Mexico gives you $44,164.

More Comparisons:

California vs Nebraska
California vs Idaho
California vs West Virginia
California vs Hawaii
California vs New Hampshire

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/