Does Massachusetts or Maine have lower taxes? We answer that in a variety of ways below:
Massachusetts vs Maine Income Tax Comparison
Massachusetts | Maine | |
Income Tax Rates & Thresholds | 5.00% |
|
Median Income | $93,550 | $75,160 |
Income Tax Paid On Median Household Income | $17,806 | $12,997 |
Income After Tax Based on Median Household Income | $75,744 | $62,163 |
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Massachusetts vs Maine Property Tax Comparison
Massachusetts | Maine | |
Average Property Tax Rate | 0.94% | 0.89% |
Average House Price By State | $608,542 | $380,374 |
Average Property Tax Owed Per Year | $5,720 | $3,385 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $70,024 | $58,778 |
Massachusetts vs Maine Sales Tax Comparison
Massachusetts | Maine | |
Average State Sales Tax | 6.25% | 5.50% |
Average Local Sales Tax Across the State | 0.00% | 0.00% |
Average Combined Sales Tax Rate | 6.25% | 5.50% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,119 | $3,064 |
Maximum Disposable Income Based on Median Household Income | $65,905 | $55,713 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Massachusetts | Maine | |
Income Tax Owed | $4,820 | $4,351 |
After Tax Income | $35,180 | $35,649 |
Income After Income & Property Tax | $29,460 | $32,264 |
Maximum Disposable Income After Income, Property & Sales Taxes | $27,727 | $30,582 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Massachusetts | Maine | |
Income Tax Owed | $8,748 | $8,625 |
After Tax Income | $51,252 | $51,375 |
Income After Income & Property Tax | $45,532 | $47,990 |
Maximum Disposable Income After Income, Property & Sales Taxes | $42,853 | $45,488 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Massachusetts | Maine | |
Income Tax Owed | $14,148 | $14,407 |
After Tax Income | $65,852 | $65,593 |
Income After Income & Property Tax | $60,132 | $62,208 |
Maximum Disposable Income After Income, Property & Sales Taxes | $56,595 | $58,965 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Massachusetts | Maine | |
Income Tax Owed | $19,548 | $20,237 |
After Tax Income | $80,452 | $79,763 |
Income After Income & Property Tax | $74,732 | $76,378 |
Maximum Disposable Income After Income, Property & Sales Taxes | $70,336 | $72,396 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Massachusetts | Maine | |
Income Tax Owed | $13,041 | $12,445 |
After Tax Income | $86,959 | $87,555 |
Income After Income & Property Tax | $81,239 | $84,170 |
Maximum Disposable Income After Income, Property & Sales Taxes | $76,460 | $79,782 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Massachusetts | Maine | |
Income Tax Owed | $25,596 | $25,900 |
After Tax Income | $124,404 | $124,100 |
Income After Income & Property Tax | $118,684 | $120,715 |
Maximum Disposable Income After Income, Property & Sales Taxes | $111,702 | $114,421 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Massachusetts | Maine | |
Income Tax Owed | $39,096 | $40,475 |
After Tax Income | $160,904 | $159,525 |
Income After Income & Property Tax | $155,184 | $156,140 |
Maximum Disposable Income After Income, Property & Sales Taxes | $146,055 | $148,000 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Massachusetts | Maine | |
Income Tax Owed | $53,515 | $55,969 |
After Tax Income | $196,485 | $194,031 |
Income After Income & Property Tax | $190,765 | $190,646 |
Maximum Disposable Income After Income, Property & Sales Taxes | $179,543 | $180,707 |
FAQ
Does Massachusetts or Maine have lower income taxes?
Massachusetts’s income tax falls into the following range: 5.00%
Whereas Maine’s income tax is the following
- 5.80%: $0-$23,000
- 6.75%: $23,001-$54,450
- 7.15%: $54,451+
Does Massachusetts or Maine have lower property taxes?
Massachusetts has an average property tax rate of 0.94%
In comparison, Maine has an average property tax rate of 0.89%
Does Massachusetts or Maine have lower sales taxes?
Massachusetts has a state sales tax rate of 6.25% and an average local rate of 0.00% for a combined total rate of 6.25%.
In contrast, Maine has a state sales tax rate of 5.50% and an average local rate of 0.00% for a combined total rate of 5.50%.
Do you get to keep more money in Massachusetts or Maine?
Based on median household income after income, property and sales taxes Massachusetts gives you a maximum amount of disposable income of $65,905
In comparison, Maine gives you $55,713.
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