Does New York or Maine have lower taxes? We answer that in a variety of ways below:
New York vs Maine Income Tax Comparison
New York | Maine | |
Income Tax Rates & Thresholds |
|
|
Median Income | $75,910 | $75,160 |
Income Tax Paid On Median Household Income | $13,227 | $12,997 |
Income After Tax Based on Median Household Income | $62,683 | $62,163 |
Top Accounting Software:
New York vs Maine Property Tax Comparison
New York | Maine | |
Average Property Tax Rate | 1.26% | 0.89% |
Average House Price By State | $421,274 | $380,374 |
Average Property Tax Owed Per Year | $5,308 | $3,385 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $57,375 | $58,778 |
New York vs Maine Sales Tax Comparison
New York | Maine | |
Average State Sales Tax | 4.00% | 5.50% |
Average Local Sales Tax Across the State | 4.52% | 0.00% |
Average Combined Sales Tax Rate | 8.52% | 5.50% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,505 | $3,064 |
Maximum Disposable Income Based on Median Household Income | $52,870 | $55,713 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
New York | Maine | |
Income Tax Owed | $4,699 | $4,351 |
After Tax Income | $35,301 | $35,649 |
Income After Income & Property Tax | $29,993 | $32,264 |
Maximum Disposable Income After Income, Property & Sales Taxes | $27,638 | $30,582 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
New York | Maine | |
Income Tax Owed | $8,796 | $8,625 |
After Tax Income | $51,204 | $51,375 |
Income After Income & Property Tax | $45,896 | $47,990 |
Maximum Disposable Income After Income, Property & Sales Taxes | $42,293 | $45,488 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
New York | Maine | |
Income Tax Owed | $14,366 | $14,407 |
After Tax Income | $65,634 | $65,593 |
Income After Income & Property Tax | $60,326 | $62,208 |
Maximum Disposable Income After Income, Property & Sales Taxes | $55,590 | $58,965 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
New York | Maine | |
Income Tax Owed | $19,982 | $20,237 |
After Tax Income | $80,018 | $79,763 |
Income After Income & Property Tax | $74,710 | $76,378 |
Maximum Disposable Income After Income, Property & Sales Taxes | $68,844 | $72,396 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
New York | Maine | |
Income Tax Owed | $12,962 | $12,445 |
After Tax Income | $87,038 | $87,555 |
Income After Income & Property Tax | $81,730 | $84,170 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,313 | $79,782 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
New York | Maine | |
Income Tax Owed | $25,942 | $25,900 |
After Tax Income | $124,058 | $124,100 |
Income After Income & Property Tax | $118,750 | $120,715 |
Maximum Disposable Income After Income, Property & Sales Taxes | $109,427 | $114,421 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
New York | Maine | |
Income Tax Owed | $39,956 | $40,475 |
After Tax Income | $160,044 | $159,525 |
Income After Income & Property Tax | $154,736 | $156,140 |
Maximum Disposable Income After Income, Property & Sales Taxes | $142,587 | $148,000 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
New York | Maine | |
Income Tax Owed | $55,000 | $55,969 |
After Tax Income | $195,000 | $194,031 |
Income After Income & Property Tax | $189,692 | $190,646 |
Maximum Disposable Income After Income, Property & Sales Taxes | $174,799 | $180,707 |
FAQ
Does New York or Maine 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 Maine’s income tax is the following
- 5.80%: $0-$23,000
- 6.75%: $23,001-$54,450
- 7.15%: $54,451+
Does New York or Maine have lower property taxes?
New York has an average property tax rate of 1.26%
In comparison, Maine has an average property tax rate of 0.89%
Does New York or Maine 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, 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 New York or Maine?
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, Maine gives you $55,713.
More Comparisons:
New York vs Montana
New York vs Rhode Island
New York vs Delaware
New York vs South Dakota
New York vs North Dakota
Sources: