Does New York or Louisiana have lower taxes? We answer that in a variety of ways below:
New York vs Louisiana Income Tax Comparison
New York | Louisiana | |
Income Tax Rates & Thresholds |
|
|
Median Income | $75,910 | $58,330 |
Income Tax Paid On Median Household Income | $13,227 | $7,307 |
Income After Tax Based on Median Household Income | $62,683 | $51,023 |
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New York vs Louisiana Property Tax Comparison
New York | Louisiana | |
Average Property Tax Rate | 1.26% | 0.53% |
Average House Price By State | $421,274 | $200,947 |
Average Property Tax Owed Per Year | $5,308 | $1,065 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $57,375 | $49,958 |
New York vs Louisiana Sales Tax Comparison
New York | Louisiana | |
Average State Sales Tax | 4.00% | 4.45% |
Average Local Sales Tax Across the State | 4.52% | 5.10% |
Average Combined Sales Tax Rate | 8.52% | 9.55% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,505 | $4,355 |
Maximum Disposable Income Based on Median Household Income | $52,870 | $45,603 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
New York | Louisiana | |
Income Tax Owed | $4,699 | $4,077 |
After Tax Income | $35,301 | $35,923 |
Income After Income & Property Tax | $29,993 | $34,858 |
Maximum Disposable Income After Income, Property & Sales Taxes | $27,638 | $31,819 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
New York | Louisiana | |
Income Tax Owed | $8,796 | $7,745 |
After Tax Income | $51,204 | $52,255 |
Income After Income & Property Tax | $45,896 | $51,190 |
Maximum Disposable Income After Income, Property & Sales Taxes | $42,293 | $46,728 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
New York | Louisiana | |
Income Tax Owed | $14,366 | $12,995 |
After Tax Income | $65,634 | $67,005 |
Income After Income & Property Tax | $60,326 | $65,940 |
Maximum Disposable Income After Income, Property & Sales Taxes | $55,590 | $60,192 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
New York | Louisiana | |
Income Tax Owed | $19,982 | $18,245 |
After Tax Income | $80,018 | $81,755 |
Income After Income & Property Tax | $74,710 | $80,690 |
Maximum Disposable Income After Income, Property & Sales Taxes | $68,844 | $73,656 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
New York | Louisiana | |
Income Tax Owed | $12,962 | $11,253 |
After Tax Income | $87,038 | $88,747 |
Income After Income & Property Tax | $81,730 | $87,682 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,313 | $80,038 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
New York | Louisiana | |
Income Tax Owed | $25,942 | $23,366 |
After Tax Income | $124,058 | $126,634 |
Income After Income & Property Tax | $118,750 | $125,569 |
Maximum Disposable Income After Income, Property & Sales Taxes | $109,427 | $114,623 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
New York | Louisiana | |
Income Tax Owed | $39,956 | $36,491 |
After Tax Income | $160,044 | $163,509 |
Income After Income & Property Tax | $154,736 | $162,444 |
Maximum Disposable Income After Income, Property & Sales Taxes | $142,587 | $148,283 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
New York | Louisiana | |
Income Tax Owed | $55,000 | $50,535 |
After Tax Income | $195,000 | $199,465 |
Income After Income & Property Tax | $189,692 | $198,400 |
Maximum Disposable Income After Income, Property & Sales Taxes | $174,799 | $181,105 |
FAQ
Does New York or Louisiana 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 Louisiana’s income tax is the following
- 1.85%: $0-$12,500
- 3.50%: $12,501-$50,000
- 4.25%: $50,001+
Does New York or Louisiana have lower property taxes?
New York has an average property tax rate of 1.26%
In comparison, Louisiana has an average property tax rate of 0.53%
Does New York or Louisiana 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, Louisiana has a state sales tax rate of 4.45% and an average local rate of 5.10% for a combined total rate of 9.55%.
Do you get to keep more money in New York or Louisiana?
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, Louisiana gives you $45,603.
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