New York vs Montana Taxes: Income, Property & Sales

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

New York vs Montana Income Tax Comparison

	New York	Montana
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	1.00%: $0-$3,300 2.00%: $3,301-$5,800 3.00%: $5,801-$8,900 4.00%: $8,901-$12,000 5.00%: $12,001-$15,400 6.00%: $15,401-$19,800 6.75%: $19,801+
Median Income	$75,910	$72,980
Income Tax Paid On Median Household Income	$13,227	$12,678
Income After Tax Based on Median Household Income	$62,683	$60,302

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New York vs Montana Property Tax Comparison

	New York	Montana
Average Property Tax Rate	1.26%	0.65%
Average House Price By State	$421,274	$447,845
Average Property Tax Owed Per Year	$5,308	$2,911
Income After Income Taxes & Property Taxes Based On Median State Household Income	$57,375	$57,391

New York vs Montana Sales Tax Comparison

	New York	Montana
Average State Sales Tax	4.00%	0.00%
Average Local Sales Tax Across the State	4.52%	0.00%
Average Combined Sales Tax Rate	8.52%	0.00%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,505	$0
Maximum Disposable Income Based on Median Household Income	$52,870	$57,391

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

	New York	Montana
Income Tax Owed	$4,699	$4,669
After Tax Income	$35,301	$35,331
Income After Income & Property Tax	$29,993	$32,420
Maximum Disposable Income After Income, Property & Sales Taxes	$27,638	$32,420

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

	New York	Montana
Income Tax Owed	$8,796	$8,947
After Tax Income	$51,204	$51,053
Income After Income & Property Tax	$45,896	$48,142
Maximum Disposable Income After Income, Property & Sales Taxes	$42,293	$48,142

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

	New York	Montana
Income Tax Owed	$14,366	$14,697
After Tax Income	$65,634	$65,303
Income After Income & Property Tax	$60,326	$62,392
Maximum Disposable Income After Income, Property & Sales Taxes	$55,590	$62,392

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

	New York	Montana
Income Tax Owed	$19,982	$20,447
After Tax Income	$80,018	$79,553
Income After Income & Property Tax	$74,710	$76,642
Maximum Disposable Income After Income, Property & Sales Taxes	$68,844	$76,642

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

	New York	Montana
Income Tax Owed	$12,962	$13,660
After Tax Income	$87,038	$86,340
Income After Income & Property Tax	$81,730	$83,429
Maximum Disposable Income After Income, Property & Sales Taxes	$75,313	$83,429

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

	New York	Montana
Income Tax Owed	$25,942	$27,089
After Tax Income	$124,058	$122,911
Income After Income & Property Tax	$118,750	$120,000
Maximum Disposable Income After Income, Property & Sales Taxes	$109,427	$120,000

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

	New York	Montana
Income Tax Owed	$39,956	$41,464
After Tax Income	$160,044	$158,536
Income After Income & Property Tax	$154,736	$155,625
Maximum Disposable Income After Income, Property & Sales Taxes	$142,587	$155,625

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

	New York	Montana
Income Tax Owed	$55,000	$56,758
After Tax Income	$195,000	$193,242
Income After Income & Property Tax	$189,692	$190,331
Maximum Disposable Income After Income, Property & Sales Taxes	$174,799	$190,331

FAQ

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

• 1.00%: $0-$3,300
• 2.00%: $3,301-$5,800
• 3.00%: $5,801-$8,900
• 4.00%: $8,901-$12,000
• 5.00%: $12,001-$15,400
• 6.00%: $15,401-$19,800
• 6.75%: $19,801+

Does New York or Montana have lower property taxes?

New York has an average property tax rate of 1.26%

In comparison, Montana has an average property tax rate of 0.65%

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

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

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, Montana gives you $57,391.

More Comparisons:

New York vs Rhode Island
New York vs Delaware
New York vs South Dakota
New York vs North Dakota
New York vs Alaska

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/