Does New York or West Virginia have lower taxes? We answer that in a variety of ways below:
New York vs West Virginia Income Tax Comparison
New York | West Virginia | |
Income Tax Rates & Thresholds |
|
|
Median Income | $75,910 | $52,460 |
Income Tax Paid On Median Household Income | $13,227 | $6,738 |
Income After Tax Based on Median Household Income | $62,683 | $45,722 |
Top Accounting Software:
New York vs West Virginia Property Tax Comparison
New York | West Virginia | |
Average Property Tax Rate | 1.26% | 0.47% |
Average House Price By State | $421,274 | $155,687 |
Average Property Tax Owed Per Year | $5,308 | $732 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $57,375 | $44,990 |
New York vs West Virginia Sales Tax Comparison
New York | West Virginia | |
Average State Sales Tax | 4.00% | 6.00% |
Average Local Sales Tax Across the State | 4.52% | 0.52% |
Average Combined Sales Tax Rate | 8.52% | 6.52% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,505 | $2,754 |
Maximum Disposable Income Based on Median Household Income | $52,870 | $42,236 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
New York | West Virginia | |
Income Tax Owed | $4,699 | $4,525 |
After Tax Income | $35,301 | $35,475 |
Income After Income & Property Tax | $29,993 | $34,743 |
Maximum Disposable Income After Income, Property & Sales Taxes | $27,638 | $32,617 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
New York | West Virginia | |
Income Tax Owed | $8,796 | $8,623 |
After Tax Income | $51,204 | $51,377 |
Income After Income & Property Tax | $45,896 | $50,645 |
Maximum Disposable Income After Income, Property & Sales Taxes | $42,293 | $47,545 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
New York | West Virginia | |
Income Tax Owed | $14,366 | $8,623 |
After Tax Income | $65,634 | $71,377 |
Income After Income & Property Tax | $60,326 | $70,645 |
Maximum Disposable Income After Income, Property & Sales Taxes | $55,590 | $66,321 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
New York | West Virginia | |
Income Tax Owed | $19,982 | $20,013 |
After Tax Income | $80,018 | $79,987 |
Income After Income & Property Tax | $74,710 | $79,255 |
Maximum Disposable Income After Income, Property & Sales Taxes | $68,844 | $74,404 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
New York | West Virginia | |
Income Tax Owed | $12,962 | $13,596 |
After Tax Income | $87,038 | $86,404 |
Income After Income & Property Tax | $81,730 | $85,672 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,313 | $80,428 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
New York | West Virginia | |
Income Tax Owed | $25,942 | $26,901 |
After Tax Income | $124,058 | $123,099 |
Income After Income & Property Tax | $118,750 | $122,367 |
Maximum Disposable Income After Income, Property & Sales Taxes | $109,427 | $114,877 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
New York | West Virginia | |
Income Tax Owed | $39,956 | $41,151 |
After Tax Income | $160,044 | $158,849 |
Income After Income & Property Tax | $154,736 | $158,117 |
Maximum Disposable Income After Income, Property & Sales Taxes | $142,587 | $148,439 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
New York | West Virginia | |
Income Tax Owed | $55,000 | $56,320 |
After Tax Income | $195,000 | $193,680 |
Income After Income & Property Tax | $189,692 | $192,948 |
Maximum Disposable Income After Income, Property & Sales Taxes | $174,799 | $181,138 |
FAQ
Does New York or West Virginia 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 West Virginia’s income tax is the following
- 3.00%: $0-$10,000
- 4.00%: $10,001-$25,000
- 4.50%: $25,001-$40,000
- 6.00%: $40,001-$60,000
- 6.50%: $60,001+
Does New York or West Virginia have lower property taxes?
New York has an average property tax rate of 1.26%
In comparison, West Virginia has an average property tax rate of 0.47%
Does New York or West Virginia 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, West Virginia has a state sales tax rate of 6.00% and an average local rate of 0.52% for a combined total rate of 6.52%.
Do you get to keep more money in New York or West Virginia?
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, West Virginia gives you $42,236.
More Comparisons:
New York vs Hawaii
New York vs New Hampshire
New York vs Maine
New York vs Montana
New York vs Rhode Island
Sources: