Does New York or Washington DC have lower taxes? We answer that in a variety of ways below:
New York vs Washington DC Income Tax Comparison
New York | Washington DC | |
Income Tax Rates & Thresholds |
|
|
Median Income | $75,910 | $101,700 |
Income Tax Paid On Median Household Income | $13,227 | $21,086 |
Income After Tax Based on Median Household Income | $62,683 | $80,614 |
Top Accounting Software:
New York vs Washington DC Property Tax Comparison
New York | Washington DC | |
Average Property Tax Rate | 1.26% | 0.57% |
Average House Price By State | $421,274 | $728,227 |
Average Property Tax Owed Per Year | $5,308 | $4,151 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $57,375 | $76,463 |
New York vs Washington DC Sales Tax Comparison
New York | Washington DC | |
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 | $4,328 |
Maximum Disposable Income Based on Median Household Income | $52,870 | $72,135 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
New York | Washington DC | |
Income Tax Owed | $4,699 | $4,463 |
After Tax Income | $35,301 | $35,537 |
Income After Income & Property Tax | $29,993 | $31,386 |
Maximum Disposable Income After Income, Property & Sales Taxes | $27,638 | $29,610 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
New York | Washington DC | |
Income Tax Owed | $8,796 | $8,626 |
After Tax Income | $51,204 | $51,374 |
Income After Income & Property Tax | $45,896 | $47,223 |
Maximum Disposable Income After Income, Property & Sales Taxes | $42,293 | $44,550 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
New York | Washington DC | |
Income Tax Owed | $14,366 | $14,467 |
After Tax Income | $65,634 | $65,533 |
Income After Income & Property Tax | $60,326 | $61,382 |
Maximum Disposable Income After Income, Property & Sales Taxes | $55,590 | $57,908 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
New York | Washington DC | |
Income Tax Owed | $19,982 | $20,567 |
After Tax Income | $80,018 | $79,433 |
Income After Income & Property Tax | $74,710 | $75,282 |
Maximum Disposable Income After Income, Property & Sales Taxes | $68,844 | $71,021 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
New York | Washington DC | |
Income Tax Owed | $12,962 | $13,179 |
After Tax Income | $87,038 | $86,821 |
Income After Income & Property Tax | $81,730 | $82,670 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,313 | $77,991 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
New York | Washington DC | |
Income Tax Owed | $25,942 | $27,484 |
After Tax Income | $124,058 | $122,516 |
Income After Income & Property Tax | $118,750 | $118,365 |
Maximum Disposable Income After Income, Property & Sales Taxes | $109,427 | $111,665 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
New York | Washington DC | |
Income Tax Owed | $39,956 | $42,734 |
After Tax Income | $160,044 | $157,266 |
Income After Income & Property Tax | $154,736 | $153,115 |
Maximum Disposable Income After Income, Property & Sales Taxes | $142,587 | $144,448 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
New York | Washington DC | |
Income Tax Owed | $55,000 | $58,903 |
After Tax Income | $195,000 | $191,097 |
Income After Income & Property Tax | $189,692 | $186,946 |
Maximum Disposable Income After Income, Property & Sales Taxes | $174,799 | $176,364 |
FAQ
Does New York or Washington DC 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 Washington DC’s income tax is the following
- 4.00%: $0-$10,000
- 6.00%: $10,001-$40,000
- 6.50%: $40,001-$60,000
- 8.50%: $60,001-$250,000
- 9.25%: $250,001-$500,000
- 9.75%: $500,001-$1,000,000
- 10.75%: $,1000,001+
Does New York or Washington DC have lower property taxes?
New York has an average property tax rate of 1.26%
In comparison, Washington DC has an average property tax rate of 0.57%
Does New York or Washington DC 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, Washington DC 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 Washington DC?
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, Washington DC gives you $72,135.
More Comparisons:
New York vs Vermont
New York vs Wyoming
Pennsylvania vs Illinois
Pennsylvania vs Ohio
Pennsylvania vs Georgia
Sources: