Income Brackets By State

It works for either individual income or household income.

Income brackets by state. State income tax rates by state are collected to primarily fund state budgets rather than the federal government. California tops the list with the highest tax rates in the country its highest tax rate is a full 2 3 more than hawaii the runner up for the highest tax rate. Top marginal rates range from north dakota s 2 9 percent to california s 13 3 percent. States territories and the district of columbia by income.

The state s seven individual income tax brackets were consolidated into five with the first two brackets eliminated and each of the remaining marginal rates was reduced by 4 percent. You can also choose comparison states and show the income curve head to head. New hampshire has the highest economic security of any state and boasts the lowest poverty rate in the country of 6 4. California applies its highest tax rate to those who earn more than 1 million.

Kansas for example imposes a three bracket income tax system. Enter pre tax income earned between january and december 2019 and select a state and income type to compare an income percentile. The rest of the states in the nation as well as d c use their own set of tax brackets. Conversely 32 states levy graduated rate income taxes with the number of brackets varying widely by state.

This is a list of u s. Map of states by median family income in 2014. Additionally new hampshire has one of the lowest unemployment rates among states of 2 6. The range of these brackets vary depending on the state.

It is a similar tax to federal income tax but different in the sense that it is designed to benefit the state you earned your income in where you live rather than fund the federal government as a whole. Choose any state from the list above for detailed state income tax information including 2020 income tax tables state tax deductions and state specific income tax calculators. 2020 top income tax rates by state. States with income tax brackets.

Many state pages also provide direct links to selected income tax return forms and other resources. Map of states by median household income in 2014. At the other end of the spectrum hawaii has 12 brackets. Indexing of the brackets was frozen at 2018 levels for tax years 2019 and 2020 but is set to resume in 2021.