New York vs Missouri Taxes: Income, Property & Sales

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

New York vs Missouri Income Tax Comparison

	New York	Missouri
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	1.50%: $111-$1,121 2.00%: $1,122-$2,242 2.50%: $2,243-$3,363 3.00%: $3,364-$4,484 3.50%: $4,485-$5,605 4.00%: $5,606-$6,726 4.50%: $6,727-$7,847 5.00%: $7,848-$8,968 5.30%: $8,969+
Median Income	$75,910	$71,520
Income Tax Paid On Median Household Income	$13,227	$11,476
Income After Tax Based on Median Household Income	$62,683	$60,044

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New York vs Missouri Property Tax Comparison

	New York	Missouri
Average Property Tax Rate	1.26%	0.82%
Average House Price By State	$421,274	$239,743
Average Property Tax Owed Per Year	$5,308	$1,966
Income After Income Taxes & Property Taxes Based On Median State Household Income	$57,375	$58,078

New York vs Missouri Sales Tax Comparison

	New York	Missouri
Average State Sales Tax	4.00%	4.23%
Average Local Sales Tax Across the State	4.52%	4.06%
Average Combined Sales Tax Rate	8.52%	8.29%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,505	$4,446
Maximum Disposable Income Based on Median Household Income	$52,870	$53,632

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

	New York	Missouri
Income Tax Owed	$4,699	$4,312
After Tax Income	$35,301	$35,688
Income After Income & Property Tax	$29,993	$33,722
Maximum Disposable Income After Income, Property & Sales Taxes	$27,638	$31,141

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

	New York	Missouri
Income Tax Owed	$8,796	$8,320
After Tax Income	$51,204	$51,680
Income After Income & Property Tax	$45,896	$49,714
Maximum Disposable Income After Income, Property & Sales Taxes	$42,293	$45,908

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

	New York	Missouri
Income Tax Owed	$14,366	$13,800
After Tax Income	$65,634	$66,200
Income After Income & Property Tax	$60,326	$64,234
Maximum Disposable Income After Income, Property & Sales Taxes	$55,590	$59,317

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

	New York	Missouri
Income Tax Owed	$19,982	$19,280
After Tax Income	$80,018	$80,720
Income After Income & Property Tax	$74,710	$78,754
Maximum Disposable Income After Income, Property & Sales Taxes	$68,844	$72,725

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

	New York	Missouri
Income Tax Owed	$12,962	$12,294
After Tax Income	$87,038	$87,706
Income After Income & Property Tax	$81,730	$85,740
Maximum Disposable Income After Income, Property & Sales Taxes	$75,313	$79,176

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

	New York	Missouri
Income Tax Owed	$25,942	$25,048
After Tax Income	$124,058	$124,952
Income After Income & Property Tax	$118,750	$122,986
Maximum Disposable Income After Income, Property & Sales Taxes	$109,427	$113,571

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

	New York	Missouri
Income Tax Owed	$39,956	$38,748
After Tax Income	$160,044	$161,252
Income After Income & Property Tax	$154,736	$159,286
Maximum Disposable Income After Income, Property & Sales Taxes	$142,587	$147,092

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

	New York	Missouri
Income Tax Owed	$55,000	$53,367
After Tax Income	$195,000	$196,633
Income After Income & Property Tax	$189,692	$194,667
Maximum Disposable Income After Income, Property & Sales Taxes	$174,799	$179,765

FAQ

Does New York or Missouri 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 Missouri’s income tax is the following

• 1.50%: $111-$1,121
• 2.00%: $1,122-$2,242
• 2.50%: $2,243-$3,363
• 3.00%: $3,364-$4,484
• 3.50%: $4,485-$5,605
• 4.00%: $5,606-$6,726
• 4.50%: $6,727-$7,847
• 5.00%: $7,848-$8,968
• 5.30%: $8,969+

Does New York or Missouri have lower property taxes?

New York has an average property tax rate of 1.26%

In comparison, Missouri has an average property tax rate of 0.82%

Does New York or Missouri 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, Missouri has a state sales tax rate of 4.23% and an average local rate of 4.06% for a combined total rate of 8.29%.

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

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, Missouri gives you $53,632.

More Comparisons:

New York vs Maryland
New York vs Wisconsin
New York vs Colorado
New York vs Minnesota
New York vs South Carolina

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/