Massachusetts vs Wyoming Taxes: Income, Property & Sales

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

Massachusetts vs Wyoming Income Tax Comparison

	Massachusetts	Wyoming
Income Tax Rates & Thresholds	5.00%	None
Median Income	$93,550	$73,090
Income Tax Paid On Median Household Income	$17,806	$8,848
Income After Tax Based on Median Household Income	$75,744	$64,242

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Massachusetts vs Wyoming Property Tax Comparison

	Massachusetts	Wyoming
Average Property Tax Rate	0.94%	0.64%
Average House Price By State	$608,542	$337,102
Average Property Tax Owed Per Year	$5,720	$2,157
Income After Income Taxes & Property Taxes Based On Median State Household Income	$70,024	$62,085

Massachusetts vs Wyoming Sales Tax Comparison

	Massachusetts	Wyoming
Average State Sales Tax	6.25%	4.00%
Average Local Sales Tax Across the State	0.00%	1.22%
Average Combined Sales Tax Rate	6.25%	5.22%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,119	$3,080
Maximum Disposable Income Based on Median Household Income	$65,905	$59,005

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

	Massachusetts	Wyoming
Income Tax Owed	$4,820	$3,040
After Tax Income	$35,180	$36,960
Income After Income & Property Tax	$29,460	$34,803
Maximum Disposable Income After Income, Property & Sales Taxes	$27,727	$33,076

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

	Massachusetts	Wyoming
Income Tax Owed	$8,748	$5,968
After Tax Income	$51,252	$54,032
Income After Income & Property Tax	$45,532	$51,875
Maximum Disposable Income After Income, Property & Sales Taxes	$42,853	$49,301

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

	Massachusetts	Wyoming
Income Tax Owed	$14,148	$10,368
After Tax Income	$65,852	$69,632
Income After Income & Property Tax	$60,132	$67,475
Maximum Disposable Income After Income, Property & Sales Taxes	$56,595	$64,127

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

	Massachusetts	Wyoming
Income Tax Owed	$19,548	$14,768
After Tax Income	$80,452	$85,232
Income After Income & Property Tax	$74,732	$83,075
Maximum Disposable Income After Income, Property & Sales Taxes	$70,336	$78,953

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

	Massachusetts	Wyoming
Income Tax Owed	$13,041	$8,481
After Tax Income	$86,959	$91,519
Income After Income & Property Tax	$81,239	$89,362
Maximum Disposable Income After Income, Property & Sales Taxes	$76,460	$84,928

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

	Massachusetts	Wyoming
Income Tax Owed	$25,596	$18,536
After Tax Income	$124,404	$131,464
Income After Income & Property Tax	$118,684	$129,307
Maximum Disposable Income After Income, Property & Sales Taxes	$111,702	$122,892

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

	Massachusetts	Wyoming
Income Tax Owed	$39,096	$29,536
After Tax Income	$160,904	$170,464
Income After Income & Property Tax	$155,184	$168,307
Maximum Disposable Income After Income, Property & Sales Taxes	$146,055	$159,957

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

	Massachusetts	Wyoming
Income Tax Owed	$53,515	$41,455
After Tax Income	$196,485	$208,545
Income After Income & Property Tax	$190,765	$206,388
Maximum Disposable Income After Income, Property & Sales Taxes	$179,543	$196,149

FAQ

Does Massachusetts or Wyoming have lower income taxes?

Massachusetts’s income tax falls into the following range: 5.00%

Whereas Wyoming’s income tax is the following None

Does Massachusetts or Wyoming have lower property taxes?

Massachusetts has an average property tax rate of 0.94%

In comparison, Wyoming has an average property tax rate of 0.64%

Does Massachusetts or Wyoming 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, Wyoming has a state sales tax rate of 4.00% and an average local rate of 1.22% for a combined total rate of 5.22%.

Do you get to keep more money in Massachusetts or Wyoming?

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, Wyoming gives you $59,005.

More Comparisons:

Indiana vs Missouri
Indiana vs Maryland
Indiana vs Wisconsin
Indiana vs Colorado
Indiana vs Minnesota

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/