New York vs Michigan Taxes: Income, Property & Sales

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

New York vs Michigan Income Tax Comparison

	New York	Michigan
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	4.25%
Median Income	$75,910	$68,990
Income Tax Paid On Median Household Income	$13,227	$10,665
Income After Tax Based on Median Household Income	$62,683	$58,325

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New York vs Michigan Property Tax Comparison

	New York	Michigan
Average Property Tax Rate	1.26%	1.06%
Average House Price By State	$421,274	$233,019
Average Property Tax Owed Per Year	$5,308	$2,470
Income After Income Taxes & Property Taxes Based On Median State Household Income	$57,375	$55,855

New York vs Michigan Sales Tax Comparison

	New York	Michigan
Average State Sales Tax	4.00%	6.00%
Average Local Sales Tax Across the State	4.52%	0.00%
Average Combined Sales Tax Rate	8.52%	6.00%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,505	$3,162
Maximum Disposable Income Based on Median Household Income	$52,870	$52,693

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

	New York	Michigan
Income Tax Owed	$4,699	$4,528
After Tax Income	$35,301	$35,472
Income After Income & Property Tax	$29,993	$33,002
Maximum Disposable Income After Income, Property & Sales Taxes	$27,638	$31,134

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

	New York	Michigan
Income Tax Owed	$8,796	$8,305
After Tax Income	$51,204	$51,695
Income After Income & Property Tax	$45,896	$49,225
Maximum Disposable Income After Income, Property & Sales Taxes	$42,293	$46,439

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

	New York	Michigan
Income Tax Owed	$14,366	$13,555
After Tax Income	$65,634	$66,445
Income After Income & Property Tax	$60,326	$63,975
Maximum Disposable Income After Income, Property & Sales Taxes	$55,590	$60,354

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

	New York	Michigan
Income Tax Owed	$19,982	$18,805
After Tax Income	$80,018	$81,195
Income After Income & Property Tax	$74,710	$78,725
Maximum Disposable Income After Income, Property & Sales Taxes	$68,844	$74,269

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

	New York	Michigan
Income Tax Owed	$12,962	$12,306
After Tax Income	$87,038	$87,694
Income After Income & Property Tax	$81,730	$85,224
Maximum Disposable Income After Income, Property & Sales Taxes	$75,313	$80,400

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

	New York	Michigan
Income Tax Owed	$25,942	$24,486
After Tax Income	$124,058	$125,514
Income After Income & Property Tax	$118,750	$123,044
Maximum Disposable Income After Income, Property & Sales Taxes	$109,427	$116,079

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

	New York	Michigan
Income Tax Owed	$39,956	$37,611
After Tax Income	$160,044	$162,389
Income After Income & Property Tax	$154,736	$159,919
Maximum Disposable Income After Income, Property & Sales Taxes	$142,587	$150,867

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

	New York	Michigan
Income Tax Owed	$55,000	$51,655
After Tax Income	$195,000	$198,345
Income After Income & Property Tax	$189,692	$195,875
Maximum Disposable Income After Income, Property & Sales Taxes	$174,799	$184,788

FAQ

Does New York or Michigan 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 Michigan’s income tax is the following 4.25%

Does New York or Michigan have lower property taxes?

New York has an average property tax rate of 1.26%

In comparison, Michigan has an average property tax rate of 1.06%

Does New York or Michigan 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, Michigan has a state sales tax rate of 6.00% and an average local rate of 0.00% for a combined total rate of 6.00%.

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

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, Michigan gives you $52,693.

More Comparisons:

New York vs New Jersey
New York vs Virginia
New York vs Washington
New York vs Arizona
New York vs Tennessee

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/