New York vs Massachusetts Taxes: Income, Property & Sales

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

New York vs Massachusetts Income Tax Comparison

	New York	Massachusetts
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	5.00%
Median Income	$75,910	$93,550
Income Tax Paid On Median Household Income	$13,227	$17,806
Income After Tax Based on Median Household Income	$62,683	$75,744

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New York vs Massachusetts Property Tax Comparison

	New York	Massachusetts
Average Property Tax Rate	1.26%	0.94%
Average House Price By State	$421,274	$608,542
Average Property Tax Owed Per Year	$5,308	$5,720
Income After Income Taxes & Property Taxes Based On Median State Household Income	$57,375	$70,024

New York vs Massachusetts Sales Tax Comparison

	New York	Massachusetts
Average State Sales Tax	4.00%	6.25%
Average Local Sales Tax Across the State	4.52%	0.00%
Average Combined Sales Tax Rate	8.52%	6.25%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,505	$4,119
Maximum Disposable Income Based on Median Household Income	$52,870	$65,905

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

	New York	Massachusetts
Income Tax Owed	$4,699	$4,820
After Tax Income	$35,301	$35,180
Income After Income & Property Tax	$29,993	$29,460
Maximum Disposable Income After Income, Property & Sales Taxes	$27,638	$27,727

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

	New York	Massachusetts
Income Tax Owed	$8,796	$8,748
After Tax Income	$51,204	$51,252
Income After Income & Property Tax	$45,896	$45,532
Maximum Disposable Income After Income, Property & Sales Taxes	$42,293	$42,853

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

	New York	Massachusetts
Income Tax Owed	$14,366	$14,148
After Tax Income	$65,634	$65,852
Income After Income & Property Tax	$60,326	$60,132
Maximum Disposable Income After Income, Property & Sales Taxes	$55,590	$56,595

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

	New York	Massachusetts
Income Tax Owed	$19,982	$19,548
After Tax Income	$80,018	$80,452
Income After Income & Property Tax	$74,710	$74,732
Maximum Disposable Income After Income, Property & Sales Taxes	$68,844	$70,336

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

	New York	Massachusetts
Income Tax Owed	$12,962	$13,041
After Tax Income	$87,038	$86,959
Income After Income & Property Tax	$81,730	$81,239
Maximum Disposable Income After Income, Property & Sales Taxes	$75,313	$76,460

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

	New York	Massachusetts
Income Tax Owed	$25,942	$25,596
After Tax Income	$124,058	$124,404
Income After Income & Property Tax	$118,750	$118,684
Maximum Disposable Income After Income, Property & Sales Taxes	$109,427	$111,702

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

	New York	Massachusetts
Income Tax Owed	$39,956	$39,096
After Tax Income	$160,044	$160,904
Income After Income & Property Tax	$154,736	$155,184
Maximum Disposable Income After Income, Property & Sales Taxes	$142,587	$146,055

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

	New York	Massachusetts
Income Tax Owed	$55,000	$53,515
After Tax Income	$195,000	$196,485
Income After Income & Property Tax	$189,692	$190,765
Maximum Disposable Income After Income, Property & Sales Taxes	$174,799	$179,543

FAQ

Does New York or Massachusetts 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 Massachusetts’s income tax is the following 5.00%

Does New York or Massachusetts have lower property taxes?

New York has an average property tax rate of 1.26%

In comparison, Massachusetts has an average property tax rate of 0.94%

Does New York or Massachusetts 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, 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%.

Do you get to keep more money in New York or Massachusetts?

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, Massachusetts gives you $65,905.

More Comparisons:

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New York vs Maryland
New York vs Wisconsin
New York vs Colorado

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/