Texas vs New Hampshire Taxes: Income, Property & Sales

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

Texas vs New Hampshire Income Tax Comparison

	Texas	New Hampshire
Income Tax Rates & Thresholds	None	5% on interest and dividends only
Median Income	$74,640	$84,970
Income Tax Paid On Median Household Income	$9,189	$11,461
Income After Tax Based on Median Household Income	$65,451	$73,509

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Texas vs New Hampshire Property Tax Comparison

	Texas	New Hampshire
Average Property Tax Rate	1.25%	1.28%
Average House Price By State	$305,497	$467,775
Average Property Tax Owed Per Year	$3,819	$5,988
Income After Income Taxes & Property Taxes Based On Median State Household Income	$61,632	$67,521

Texas vs New Hampshire Sales Tax Comparison

	Texas	New Hampshire
Average State Sales Tax	6.25%	0.00%
Average Local Sales Tax Across the State	1.95%	0.00%
Average Combined Sales Tax Rate	8.20%	0.00%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,671	$0
Maximum Disposable Income Based on Median Household Income	$56,961	$67,521

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

	Texas	New Hampshire
Income Tax Owed	$3,040	$3,040
After Tax Income	$36,960	$36,960
Income After Income & Property Tax	$33,141	$30,972
Maximum Disposable Income After Income, Property & Sales Taxes	$30,630	$30,972

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

	Texas	New Hampshire
Income Tax Owed	$5,968	$5,968
After Tax Income	$54,032	$54,032
Income After Income & Property Tax	$50,213	$48,044
Maximum Disposable Income After Income, Property & Sales Taxes	$46,408	$48,044

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

	Texas	New Hampshire
Income Tax Owed	$10,368	$10,368
After Tax Income	$69,632	$69,632
Income After Income & Property Tax	$65,813	$63,644
Maximum Disposable Income After Income, Property & Sales Taxes	$60,826	$63,644

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

	Texas	New Hampshire
Income Tax Owed	$14,768	$14,768
After Tax Income	$85,232	$85,232
Income After Income & Property Tax	$81,413	$79,244
Maximum Disposable Income After Income, Property & Sales Taxes	$75,243	$79,244

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

	Texas	New Hampshire
Income Tax Owed	$8,481	$8,481
After Tax Income	$91,519	$91,519
Income After Income & Property Tax	$87,700	$85,531
Maximum Disposable Income After Income, Property & Sales Taxes	$81,054	$85,531

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

	Texas	New Hampshire
Income Tax Owed	$18,536	$18,536
After Tax Income	$131,464	$131,464
Income After Income & Property Tax	$127,645	$125,476
Maximum Disposable Income After Income, Property & Sales Taxes	$117,972	$125,476

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

	Texas	New Hampshire
Income Tax Owed	$29,536	$29,536
After Tax Income	$170,464	$170,464
Income After Income & Property Tax	$166,645	$164,476
Maximum Disposable Income After Income, Property & Sales Taxes	$154,016	$164,476

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

	Texas	New Hampshire
Income Tax Owed	$41,455	$41,455
After Tax Income	$208,545	$208,545
Income After Income & Property Tax	$204,726	$202,557
Maximum Disposable Income After Income, Property & Sales Taxes	$189,211	$202,557

FAQ

Does Texas or New Hampshire have lower income taxes?

Texas’s income tax falls into the following range: None

Whereas New Hampshire’s income tax is the following 5% on interest and dividends only

Does Texas or New Hampshire have lower property taxes?

Texas has an average property tax rate of 1.25%

In comparison, New Hampshire has an average property tax rate of 1.28%

Does Texas or New Hampshire have lower sales taxes?

Texas has a state sales tax rate of 6.25% and an average local rate of 1.95% for a combined total rate of 8.20%.

In contrast, New Hampshire 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 Texas or New Hampshire?

Based on median household income after income, property and sales taxes Texas gives you a maximum amount of disposable income of $56,961

In comparison, New Hampshire gives you $67,521.

More Comparisons:

Texas vs Maine
Texas vs Montana
Texas vs Rhode Island
Texas vs Delaware
Texas vs South Dakota

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/