New York has a top income tax rate of 10.9%, the 10th highest combined sales tax (8.54%) and a $16.00 minimum wage as of 2026.
$12,717 a year: that is roughly what a New York homeowner earning $75,000 pays in state income tax ($3,453), sales tax on $25,000 of purchases ($2,135), property tax on a $300,000 house ($3,900) and electricity at 900 kWh a month ($3,229).
New York uses a graduated scale with 9 rates, topping out at 10.9%. Single filers' standard deduction: $8,000. On $50,000 of wages, a single filer's New York tax works out to about $2,103 (4.2% of wages); on $100,000 it is about $4,860 (4.9%). Source: Tax Foundation, January 1, 2026.
| Rate | Single filers | Married filing jointly |
|---|---|---|
| 3.9% | over $0 | over $0 |
| 4.4% | over $8,500 | over $17,150 |
| 5.15% | over $11,700 | over $23,600 |
| 5.4% | over $13,900 | over $27,900 |
| 5.9% | over $80,650 | over $161,550 |
| 6.85% | over $215,400 | over $323,200 |
| 9.65% | over $1,077,550 | over $2,155,350 |
| 10.3% | over $5,000,000 | over $5,000,000 |
| 10.9% | over $25,000,000 | over $25,000,000 |
Estimated 2026 take-home pay for a single filer with no pre-tax deductions, using the federal brackets and $16,100 standard deduction, Social Security and Medicare, and New York's brackets above. Open the paycheck calculator set to New York to add a 401(k), change pay frequency or filing status.
| Salary | Federal tax | FICA | State tax | Take-home (year) | Per biweekly check |
|---|---|---|---|---|---|
| $50,000 | $3,820 | $3,825 | $2,103 | $40,252 | $1,548 |
| $75,000 | $7,670 | $5,738 | $3,453 | $58,140 | $2,236 |
| $100,000 | $13,170 | $7,650 | $4,860 | $74,320 | $2,858 |
The state rate is 4.00% and local governments add 4.54% on average, for a combined 8.54%, 10th highest of the 50 states and D.C. (median 7.00%). A $1,000 purchase carries about $85 in sales tax at the average combined rate. Source: Tax Foundation, July 1, 2026.
The New York minimum wage is $16.00 an hour, 5th highest in the country, or $33,280 a year for full-time work, $18,200 more than the federal $7.25. Source: U.S. Department of Labor, July 1, 2026.
Homeowners in New York paid property taxes equal to 1.30% of home value on average, the 11th highest effective rate (median state 0.79%). On a $300,000 home that is about $3,900 a year, or $325 a month in escrow. Source: Tax Foundation (Census ACS data), 2024 data.
Residential electricity averaged 29.90¢ per kWh in July 2026, the 5th highest of the 50 states and D.C. (median 16.09¢). A household using 900 kWh a month would pay about $269 before fixed charges. Source: U.S. EIA, July 2026 data.
Among the 5 states it borders, New York has the highest combined sales tax of its neighbors (8.54%) and the highest top income tax rate of its neighbors (10.9%).
| State | Top income tax | Sales tax | Min. wage | Property tax | Electricity |
|---|---|---|---|---|---|
| New York | 10.9% | 8.54% | $16.00 | 1.30% | 29.90¢ |
| Connecticut | 6.99% | 6.35% | $16.94 | 1.54% | 24.16¢ |
| Massachusetts | 9% | 6.25% | $15.00 | 1.00% | 30.49¢ |
| New Jersey | 10.75% | 6.60% | $15.92 | 1.88% | 25.19¢ |
| Pennsylvania | 3.07% | 6.34% | $7.25 | 1.26% | 21.72¢ |
| Vermont | 8.75% | 6.43% | $14.42 | 1.51% | 23.75¢ |
New York figures use statewide averages and skip credits, exemptions and local income taxes; check New York revenue and labor department sites before filing or hiring.