Does Kansas or New Mexico have lower taxes? We answer that in a variety of ways below:
Kansas vs New Mexico Income Tax Comparison
Kansas | New Mexico | |
Income Tax Rates & Thresholds |
|
|
Median Income | $73,040 | $56,420 |
Income Tax Paid On Median Household Income | $12,215 | $7,031 |
Income After Tax Based on Median Household Income | $60,825 | $49,389 |
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Kansas vs New Mexico Property Tax Comparison
Kansas | New Mexico | |
Average Property Tax Rate | 1.15% | 0.60% |
Average House Price By State | $216,131 | $293,766 |
Average Property Tax Owed Per Year | $2,486 | $1,763 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $58,339 | $47,626 |
Kansas vs New Mexico Sales Tax Comparison
Kansas | New Mexico | |
Average State Sales Tax | 6.50% | 5.13% |
Average Local Sales Tax Across the State | 2.20% | 2.71% |
Average Combined Sales Tax Rate | 8.70% | 7.84% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,669 | $3,462 |
Maximum Disposable Income Based on Median Household Income | $53,670 | $44,164 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Kansas | New Mexico | |
Income Tax Owed | $4,535 | $4,086 |
After Tax Income | $35,465 | $35,914 |
Income After Income & Property Tax | $32,979 | $34,151 |
Maximum Disposable Income After Income, Property & Sales Taxes | $30,340 | $31,669 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Kansas | New Mexico | |
Income Tax Owed | $8,603 | $7,994 |
After Tax Income | $51,397 | $52,006 |
Income After Income & Property Tax | $48,911 | $50,243 |
Maximum Disposable Income After Income, Property & Sales Taxes | $44,997 | $46,591 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Kansas | New Mexico | |
Income Tax Owed | $14,143 | $13,374 |
After Tax Income | $65,857 | $66,626 |
Income After Income & Property Tax | $63,371 | $64,863 |
Maximum Disposable Income After Income, Property & Sales Taxes | $58,299 | $60,148 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Kansas | New Mexico | |
Income Tax Owed | $19,683 | $18,754 |
After Tax Income | $80,317 | $81,246 |
Income After Income & Property Tax | $77,831 | $79,483 |
Maximum Disposable Income After Income, Property & Sales Taxes | $71,602 | $73,705 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Kansas | New Mexico | |
Income Tax Owed | $11,623 | $11,704 |
After Tax Income | $88,377 | $88,296 |
Income After Income & Property Tax | $85,891 | $86,533 |
Maximum Disposable Income After Income, Property & Sales Taxes | $79,017 | $80,242 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Kansas | New Mexico | |
Income Tax Owed | $24,528 | $24,209 |
After Tax Income | $125,472 | $125,791 |
Income After Income & Property Tax | $122,986 | $124,028 |
Maximum Disposable Income After Income, Property & Sales Taxes | $113,143 | $115,012 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Kansas | New Mexico | |
Income Tax Owed | $38,378 | $37,659 |
After Tax Income | $161,622 | $162,341 |
Income After Income & Property Tax | $159,136 | $160,578 |
Maximum Disposable Income After Income, Property & Sales Taxes | $146,400 | $148,904 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Kansas | New Mexico | |
Income Tax Owed | $53,147 | $52,028 |
After Tax Income | $196,853 | $197,972 |
Income After Income & Property Tax | $194,367 | $196,209 |
Maximum Disposable Income After Income, Property & Sales Taxes | $178,811 | $181,945 |
FAQ
Does Kansas or New Mexico have lower income taxes?
Kansas’s income tax falls into the following range:
- 3.10%: $0-$15,000
- 5.25%: $15,001-$30,000
- 5.70%: $30,001+
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 Kansas or New Mexico have lower property taxes?
Kansas has an average property tax rate of 1.15%
In comparison, New Mexico has an average property tax rate of 0.60%
Does Kansas or New Mexico have lower sales taxes?
Kansas has a state sales tax rate of 6.50% and an average local rate of 2.20% for a combined total rate of 8.70%.
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 Kansas or New Mexico?
Based on median household income after income, property and sales taxes Kansas gives you a maximum amount of disposable income of $53,670
In comparison, New Mexico gives you $44,164.
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