Maryland vs New Hampshire Taxes: Income, Property & Sales

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

Maryland vs New Hampshire Income Tax Comparison

	Maryland	New Hampshire
Income Tax Rates & Thresholds	2.00%: $0-$1,000 3.00%: $1,001-$2,000 4.00%: $2,001-$3,000 4.75%: $3,001-$100,000 5.00%: $100,001-$125,000 5.25%: $125,001-$150,000 5.50%: $150,001-$250,000 5.75%: $250,001+	5% on interest and dividends only
Median Income	$108,200	$84,970
Income Tax Paid On Median Household Income	$21,525	$11,461
Income After Tax Based on Median Household Income	$86,675	$73,509

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Maryland vs New Hampshire Property Tax Comparison

	Maryland	New Hampshire
Average Property Tax Rate	0.76%	1.28%
Average House Price By State	$416,643	$467,775
Average Property Tax Owed Per Year	$3,166	$5,988
Income After Income Taxes & Property Taxes Based On Median State Household Income	$83,509	$67,521

Maryland vs New Hampshire Sales Tax Comparison

	Maryland	New Hampshire
Average State Sales Tax	6.00%	0.00%
Average Local Sales Tax Across the State	0.00%	0.00%
Average Combined Sales Tax Rate	6.00%	0.00%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,727	$0
Maximum Disposable Income Based on Median Household Income	$78,782	$67,521

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

	Maryland	New Hampshire
Income Tax Owed	$4,624	$3,040
After Tax Income	$35,376	$36,960
Income After Income & Property Tax	$32,210	$30,972
Maximum Disposable Income After Income, Property & Sales Taxes	$30,386	$30,972

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

	Maryland	New Hampshire
Income Tax Owed	$8,502	$5,968
After Tax Income	$51,498	$54,032
Income After Income & Property Tax	$48,332	$48,044
Maximum Disposable Income After Income, Property & Sales Taxes	$45,596	$48,044

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

	Maryland	New Hampshire
Income Tax Owed	$13,852	$10,368
After Tax Income	$66,148	$69,632
Income After Income & Property Tax	$62,982	$63,644
Maximum Disposable Income After Income, Property & Sales Taxes	$59,417	$63,644

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

	Maryland	New Hampshire
Income Tax Owed	$19,202	$14,768
After Tax Income	$80,798	$85,232
Income After Income & Property Tax	$77,632	$79,244
Maximum Disposable Income After Income, Property & Sales Taxes	$73,237	$79,244

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

	Maryland	New Hampshire
Income Tax Owed	$12,651	$8,481
After Tax Income	$87,349	$91,519
Income After Income & Property Tax	$84,183	$85,531
Maximum Disposable Income After Income, Property & Sales Taxes	$79,417	$85,531

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

	Maryland	New Hampshire
Income Tax Owed	$25,081	$18,536
After Tax Income	$124,919	$131,464
Income After Income & Property Tax	$121,753	$125,476
Maximum Disposable Income After Income, Property & Sales Taxes	$114,861	$125,476

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

	Maryland	New Hampshire
Income Tax Owed	$38,588	$29,536
After Tax Income	$161,412	$170,464
Income After Income & Property Tax	$158,246	$164,476
Maximum Disposable Income After Income, Property & Sales Taxes	$149,288	$164,476

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

	Maryland	New Hampshire
Income Tax Owed	$53,167	$41,455
After Tax Income	$196,833	$208,545
Income After Income & Property Tax	$193,667	$202,557
Maximum Disposable Income After Income, Property & Sales Taxes	$182,704	$202,557

FAQ

Does Maryland or New Hampshire have lower income taxes?

Maryland’s income tax falls into the following range:

• 2.00%: $0-$1,000
• 3.00%: $1,001-$2,000
• 4.00%: $2,001-$3,000
• 4.75%: $3,001-$100,000
• 5.00%: $100,001-$125,000
• 5.25%: $125,001-$150,000
• 5.50%: $150,001-$250,000
• 5.75%: $250,001+

Whereas New Hampshire’s income tax is the following 5% on interest and dividends only

Does Maryland or New Hampshire have lower property taxes?

Maryland has an average property tax rate of 0.76%

In comparison, New Hampshire has an average property tax rate of 1.28%

Does Maryland or New Hampshire have lower sales taxes?

Maryland has a state sales tax rate of 6.00% and an average local rate of 0.00% for a combined total rate of 6.00%.

In contrast, New Hampshire has a state sales tax rate of 0.00% and an average local rate of 0.00% for a combined total rate of 0.00%.

Do you get to keep more money in Maryland or New Hampshire?

Based on median household income after income, property and sales taxes Maryland gives you a maximum amount of disposable income of $78,782

In comparison, New Hampshire gives you $67,521.

More Comparisons:

Maryland vs Maine
Maryland vs Montana
Maryland vs Rhode Island
Maryland vs Delaware
Maryland vs South Dakota

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/