New York vs Delaware Taxes: Income, Property & Sales

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

New York vs Delaware Income Tax Comparison

	New York	Delaware
Income Tax Rates & Thresholds	4.00%: $0-$8,500 4.50%: $8,501-$11,700 5.25%: $11,701-$13,900 5.85%: $13,901-$80,650 6.25%: $80,651-$215,400 6.85%: $215,401-$1,077,550 9.65%: $1,077,551-$5,000,000 10.30%: $5,000,001-$25,000,000 10.90%: $25,000,001	2.20%: $2,000-$,5000 3.90%: $5,001-$10,000 4.80%: $10,001-$20,000 5.20%: $20,001-$25,000 5.55%: $25,001-$60,000 6.60%: $60,001+
Median Income	$75,910	$80,750
Income Tax Paid On Median Household Income	$13,227	$14,624
Income After Tax Based on Median Household Income	$62,683	$66,126

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New York vs Delaware Property Tax Comparison

	New York	Delaware
Average Property Tax Rate	1.26%	0.48%
Average House Price By State	$421,274	$367,443
Average Property Tax Owed Per Year	$5,308	$1,764
Income After Income Taxes & Property Taxes Based On Median State Household Income	$57,375	$64,362

New York vs Delaware Sales Tax Comparison

	New York	Delaware
Average State Sales Tax	4.00%	0.00%
Average Local Sales Tax Across the State	4.52%	0.00%
Average Combined Sales Tax Rate	8.52%	0.00%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,505	$0
Maximum Disposable Income Based on Median Household Income	$52,870	$64,362

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

	New York	Delaware
Income Tax Owed	$4,699	$4,687
After Tax Income	$35,301	$35,313
Income After Income & Property Tax	$29,993	$33,549
Maximum Disposable Income After Income, Property & Sales Taxes	$27,638	$33,549

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

	New York	Delaware
Income Tax Owed	$8,796	$8,725
After Tax Income	$51,204	$51,275
Income After Income & Property Tax	$45,896	$49,511
Maximum Disposable Income After Income, Property & Sales Taxes	$42,293	$49,511

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

	New York	Delaware
Income Tax Owed	$14,366	$14,410
After Tax Income	$65,634	$65,590
Income After Income & Property Tax	$60,326	$63,826
Maximum Disposable Income After Income, Property & Sales Taxes	$55,590	$63,826

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

	New York	Delaware
Income Tax Owed	$19,982	$20,130
After Tax Income	$80,018	$79,870
Income After Income & Property Tax	$74,710	$78,106
Maximum Disposable Income After Income, Property & Sales Taxes	$68,844	$78,106

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

	New York	Delaware
Income Tax Owed	$12,962	$13,621
After Tax Income	$87,038	$86,379
Income After Income & Property Tax	$81,730	$84,615
Maximum Disposable Income After Income, Property & Sales Taxes	$75,313	$84,615

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

	New York	Delaware
Income Tax Owed	$25,942	$26,976
After Tax Income	$124,058	$123,024
Income After Income & Property Tax	$118,750	$121,260
Maximum Disposable Income After Income, Property & Sales Taxes	$109,427	$121,260

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

	New York	Delaware
Income Tax Owed	$39,956	$41,276
After Tax Income	$160,044	$158,724
Income After Income & Property Tax	$154,736	$156,960
Maximum Disposable Income After Income, Property & Sales Taxes	$142,587	$156,960

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

	New York	Delaware
Income Tax Owed	$55,000	$56,495
After Tax Income	$195,000	$193,505
Income After Income & Property Tax	$189,692	$191,741
Maximum Disposable Income After Income, Property & Sales Taxes	$174,799	$191,741

FAQ

Does New York or Delaware have lower income taxes?

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

• 4.00%: $0-$8,500
• 4.50%: $8,501-$11,700
• 5.25%: $11,701-$13,900
• 5.85%: $13,901-$80,650
• 6.25%: $80,651-$215,400
• 6.85%: $215,401-$1,077,550
• 9.65%: $1,077,551-$5,000,000
• 10.30%: $5,000,001-$25,000,000
• 10.90%: $25,000,001

Whereas Delaware’s income tax is the following

• 2.20%: $2,000-$,5000
• 3.90%: $5,001-$10,000
• 4.80%: $10,001-$20,000
• 5.20%: $20,001-$25,000
• 5.55%: $25,001-$60,000
• 6.60%: $60,001+

Does New York or Delaware have lower property taxes?

New York has an average property tax rate of 1.26%

In comparison, Delaware has an average property tax rate of 0.48%

Does New York or Delaware have lower sales taxes?

New York has a state sales tax rate of 4.00% and an average local rate of 4.52% for a combined total rate of 8.52%.

In contrast, Delaware 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 New York or Delaware?

Based on median household income after income, property and sales taxes New York gives you a maximum amount of disposable income of $52,870

In comparison, Delaware gives you $64,362.

More Comparisons:

New York vs South Dakota
New York vs North Dakota
New York vs Alaska
New York vs Washington DC
New York vs Vermont

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/