New Mexico vs North Dakota Taxes: Income, Property & Sales

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

New Mexico vs North Dakota Income Tax Comparison

	New Mexico	North Dakota
Income Tax Rates & Thresholds	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+	1.10%: $0-$41,775 2.04%: $41,776-$101,050 2.27%: $101,051-$210,825 2.64%: $210,821-$458,350 2.90%: $458,351+
Median Income	$56,420	$78,720
Income Tax Paid On Median Household Income	$7,031	$11,047
Income After Tax Based on Median Household Income	$49,389	$67,673

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New Mexico vs North Dakota Property Tax Comparison

	New Mexico	North Dakota
Average Property Tax Rate	0.60%	0.90%
Average House Price By State	$293,766	$255,551
Average Property Tax Owed Per Year	$1,763	$2,300
Income After Income Taxes & Property Taxes Based On Median State Household Income	$47,626	$65,373

New Mexico vs North Dakota Sales Tax Comparison

	New Mexico	North Dakota
Average State Sales Tax	5.13%	5.00%
Average Local Sales Tax Across the State	2.71%	1.96%
Average Combined Sales Tax Rate	7.84%	6.96%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,462	$4,254
Maximum Disposable Income Based on Median Household Income	$44,164	$61,119

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

	New Mexico	North Dakota
Income Tax Owed	$4,086	$3,338
After Tax Income	$35,914	$36,662
Income After Income & Property Tax	$34,151	$34,362
Maximum Disposable Income After Income, Property & Sales Taxes	$31,669	$32,126

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

	New Mexico	North Dakota
Income Tax Owed	$7,994	$6,547
After Tax Income	$52,006	$53,453
Income After Income & Property Tax	$50,243	$51,153
Maximum Disposable Income After Income, Property & Sales Taxes	$46,591	$47,824

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

	New Mexico	North Dakota
Income Tax Owed	$13,374	$11,355
After Tax Income	$66,626	$68,645
Income After Income & Property Tax	$64,863	$66,345
Maximum Disposable Income After Income, Property & Sales Taxes	$60,148	$62,028

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

	New Mexico	North Dakota
Income Tax Owed	$18,754	$16,163
After Tax Income	$81,246	$83,837
Income After Income & Property Tax	$79,483	$81,537
Maximum Disposable Income After Income, Property & Sales Taxes	$73,705	$76,231

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

	New Mexico	North Dakota
Income Tax Owed	$11,704	$9,356
After Tax Income	$88,296	$90,644
Income After Income & Property Tax	$86,533	$88,344
Maximum Disposable Income After Income, Property & Sales Taxes	$80,242	$82,595

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

	New Mexico	North Dakota
Income Tax Owed	$24,209	$20,431
After Tax Income	$125,791	$129,569
Income After Income & Property Tax	$124,028	$127,269
Maximum Disposable Income After Income, Property & Sales Taxes	$115,012	$118,988

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

	New Mexico	North Dakota
Income Tax Owed	$37,659	$32,475
After Tax Income	$162,341	$167,525
Income After Income & Property Tax	$160,578	$165,225
Maximum Disposable Income After Income, Property & Sales Taxes	$148,904	$154,474

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

	New Mexico	North Dakota
Income Tax Owed	$52,028	$45,529
After Tax Income	$197,972	$204,471
Income After Income & Property Tax	$196,209	$202,171
Maximum Disposable Income After Income, Property & Sales Taxes	$181,945	$189,016

FAQ

Does New Mexico or North Dakota have lower income taxes?

New Mexico’s income tax falls into the following range:

• 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+

Whereas North Dakota’s income tax is the following

• 1.10%: $0-$41,775
• 2.04%: $41,776-$101,050
• 2.27%: $101,051-$210,825
• 2.64%: $210,821-$458,350
• 2.90%: $458,351+

Does New Mexico or North Dakota have lower property taxes?

New Mexico has an average property tax rate of 0.60%

In comparison, North Dakota has an average property tax rate of 0.90%

Does New Mexico or North Dakota have lower sales taxes?

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%.

In contrast, North Dakota has a state sales tax rate of 5.00% and an average local rate of 1.96% for a combined total rate of 6.96%.

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

Based on median household income after income, property and sales taxes New Mexico gives you a maximum amount of disposable income of $44,164

In comparison, North Dakota gives you $61,119.

More Comparisons:

New Mexico vs Alaska
New Mexico vs Washington DC
New Mexico vs Vermont
New Mexico vs Wyoming
Nebraska vs Idaho

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/