Pennsylvania vs New Mexico Taxes: Income, Property & Sales

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

Pennsylvania vs New Mexico Income Tax Comparison

	Pennsylvania	New Mexico
Income Tax Rates & Thresholds	3.07%	1.70%: $0-$5,500 3.20%: $5,501-$11,000 4.70%: $11,001-$16,000 4.90%: $16,001-$210,000 5.90%: $210,001+
Median Income	$72,210	$56,420
Income Tax Paid On Median Household Income	$10,871	$7,031
Income After Tax Based on Median Household Income	$61,339	$49,389

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Pennsylvania vs New Mexico Property Tax Comparison

	Pennsylvania	New Mexico
Average Property Tax Rate	1.29%	0.60%
Average House Price By State	$256,842	$293,766
Average Property Tax Owed Per Year	$3,313	$1,763
Income After Income Taxes & Property Taxes Based On Median State Household Income	$58,026	$47,626

Pennsylvania vs New Mexico Sales Tax Comparison

	Pennsylvania	New Mexico
Average State Sales Tax	6.00%	5.13%
Average Local Sales Tax Across the State	0.34%	2.71%
Average Combined Sales Tax Rate	6.34%	7.84%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,459	$3,462
Maximum Disposable Income Based on Median Household Income	$54,566	$44,164

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

	Pennsylvania	New Mexico
Income Tax Owed	$4,268	$4,086
After Tax Income	$35,732	$35,914
Income After Income & Property Tax	$32,419	$34,151
Maximum Disposable Income After Income, Property & Sales Taxes	$30,486	$31,669

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

	Pennsylvania	New Mexico
Income Tax Owed	$7,810	$7,994
After Tax Income	$52,190	$52,006
Income After Income & Property Tax	$48,877	$50,243
Maximum Disposable Income After Income, Property & Sales Taxes	$45,963	$46,591

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

	Pennsylvania	New Mexico
Income Tax Owed	$12,824	$13,374
After Tax Income	$67,176	$66,626
Income After Income & Property Tax	$63,863	$64,863
Maximum Disposable Income After Income, Property & Sales Taxes	$60,055	$60,148

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

	Pennsylvania	New Mexico
Income Tax Owed	$17,838	$18,754
After Tax Income	$82,162	$81,246
Income After Income & Property Tax	$78,849	$79,483
Maximum Disposable Income After Income, Property & Sales Taxes	$74,148	$73,705

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

	Pennsylvania	New Mexico
Income Tax Owed	$11,551	$11,704
After Tax Income	$88,449	$88,296
Income After Income & Property Tax	$85,136	$86,533
Maximum Disposable Income After Income, Property & Sales Taxes	$80,060	$80,242

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

	Pennsylvania	New Mexico
Income Tax Owed	$23,141	$24,209
After Tax Income	$126,859	$125,791
Income After Income & Property Tax	$123,546	$124,028
Maximum Disposable Income After Income, Property & Sales Taxes	$116,180	$115,012

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

	Pennsylvania	New Mexico
Income Tax Owed	$35,676	$37,659
After Tax Income	$164,324	$162,341
Income After Income & Property Tax	$161,011	$160,578
Maximum Disposable Income After Income, Property & Sales Taxes	$151,411	$148,904

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

	Pennsylvania	New Mexico
Income Tax Owed	$49,130	$52,028
After Tax Income	$200,870	$197,972
Income After Income & Property Tax	$197,557	$196,209
Maximum Disposable Income After Income, Property & Sales Taxes	$185,778	$181,945

FAQ

Does Pennsylvania or New Mexico have lower income taxes?

Pennsylvania’s income tax falls into the following range: 3.07%

Whereas New Mexico’s income tax is the following

• 1.70%: $0-$5,500
• 3.20%: $5,501-$11,000
• 4.70%: $11,001-$16,000
• 4.90%: $16,001-$210,000
• 5.90%: $210,001+

Does Pennsylvania or New Mexico have lower property taxes?

Pennsylvania has an average property tax rate of 1.29%

In comparison, New Mexico has an average property tax rate of 0.60%

Does Pennsylvania or New Mexico have lower sales taxes?

Pennsylvania has a state sales tax rate of 6.00% and an average local rate of 0.34% for a combined total rate of 6.34%.

In contrast, New Mexico has a state sales tax rate of 5.13% and an average local rate of 2.71% for a combined total rate of 7.84%.

Do you get to keep more money in Pennsylvania or New Mexico?

Based on median household income after income, property and sales taxes Pennsylvania gives you a maximum amount of disposable income of $54,566

In comparison, New Mexico gives you $44,164.

More Comparisons:

Pennsylvania vs Nebraska
Pennsylvania vs Idaho
Pennsylvania vs West Virginia
Pennsylvania vs Hawaii
Pennsylvania vs New Hampshire

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/