Does New York or Wisconsin have lower taxes? We answer that in a variety of ways below:
New York vs Wisconsin Income Tax Comparison
New York | Wisconsin | |
Income Tax Rates & Thresholds |
|
|
Median Income | $75,910 | $73,330 |
Income Tax Paid On Median Household Income | $13,227 | $11,817 |
Income After Tax Based on Median Household Income | $62,683 | $61,513 |
Top Accounting Software:
New York vs Wisconsin Property Tax Comparison
New York | Wisconsin | |
Average Property Tax Rate | 1.26% | 1.15% |
Average House Price By State | $421,274 | $288,596 |
Average Property Tax Owed Per Year | $5,308 | $3,319 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $57,375 | $58,194 |
New York vs Wisconsin Sales Tax Comparison
New York | Wisconsin | |
Average State Sales Tax | 4.00% | 5.00% |
Average Local Sales Tax Across the State | 4.52% | 0.43% |
Average Combined Sales Tax Rate | 8.52% | 5.43% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,505 | $2,997 |
Maximum Disposable Income Based on Median Household Income | $52,870 | $55,197 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
New York | Wisconsin | |
Income Tax Owed | $4,699 | $4,191 |
After Tax Income | $35,301 | $35,809 |
Income After Income & Property Tax | $29,993 | $32,490 |
Maximum Disposable Income After Income, Property & Sales Taxes | $27,638 | $30,817 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
New York | Wisconsin | |
Income Tax Owed | $8,796 | $8,178 |
After Tax Income | $51,204 | $51,822 |
Income After Income & Property Tax | $45,896 | $48,503 |
Maximum Disposable Income After Income, Property & Sales Taxes | $42,293 | $46,005 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
New York | Wisconsin | |
Income Tax Owed | $14,366 | $13,638 |
After Tax Income | $65,634 | $66,362 |
Income After Income & Property Tax | $60,326 | $63,043 |
Maximum Disposable Income After Income, Property & Sales Taxes | $55,590 | $59,796 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
New York | Wisconsin | |
Income Tax Owed | $19,982 | $19,098 |
After Tax Income | $80,018 | $80,902 |
Income After Income & Property Tax | $74,710 | $77,583 |
Maximum Disposable Income After Income, Property & Sales Taxes | $68,844 | $73,587 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
New York | Wisconsin | |
Income Tax Owed | $12,962 | $12,140 |
After Tax Income | $87,038 | $87,860 |
Income After Income & Property Tax | $81,730 | $84,541 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,313 | $80,187 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
New York | Wisconsin | |
Income Tax Owed | $25,942 | $24,845 |
After Tax Income | $124,058 | $125,155 |
Income After Income & Property Tax | $118,750 | $121,836 |
Maximum Disposable Income After Income, Property & Sales Taxes | $109,427 | $115,561 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
New York | Wisconsin | |
Income Tax Owed | $39,956 | $38,495 |
After Tax Income | $160,044 | $161,505 |
Income After Income & Property Tax | $154,736 | $158,186 |
Maximum Disposable Income After Income, Property & Sales Taxes | $142,587 | $150,039 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
New York | Wisconsin | |
Income Tax Owed | $55,000 | $53,064 |
After Tax Income | $195,000 | $196,936 |
Income After Income & Property Tax | $189,692 | $193,617 |
Maximum Disposable Income After Income, Property & Sales Taxes | $174,799 | $183,645 |
FAQ
Does New York or Wisconsin 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 Wisconsin’s income tax is the following
- 3.54%: $0-$12,760
- 4.65%: $12,761-$25,520
- 5.30%: $25,521-$280,950
- 7.65%: $280,951+
Does New York or Wisconsin have lower property taxes?
New York has an average property tax rate of 1.26%
In comparison, Wisconsin has an average property tax rate of 1.15%
Does New York or Wisconsin 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, Wisconsin has a state sales tax rate of 5.00% and an average local rate of 0.43% for a combined total rate of 5.43%.
Do you get to keep more money in New York or Wisconsin?
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, Wisconsin gives you $55,197.
More Comparisons:
New York vs Colorado
New York vs Minnesota
New York vs South Carolina
New York vs Alabama
New York vs Louisiana
Sources: