States That Charge Highest for Income Taxes in the Country

Summary: In this post we have compiled a list of the states that charge the highest rates for income taxes in the country, which deplete your paycheck.

If you are considering taking a new job in an unfamiliar state, you might want to consider doing a little research prior to accepting the position. You need to look into whether or not the state is on the list of highest rates for income taxes. We have compiled that list in this post, making it easy for you to determine if moving to a new state for a job is actually worth it. Even if you are commuting for the job, the state will still charge you income taxes. Believe it or not, there are some states that do not take income tax, and they include Texas, Alaska, Wyoming, Nevada, South Dakota, Florida and Washington.

Oregon

Oregon is one of the most expensive states in which to live based on income tax alone. The tax rate for the middle class in this state comes in at a whopping nine percent. When you combine this number with the federal tax rate for the middle class, residents will be handing over more than 50 percent of their income to the government. Oregon’s overall top income tax rate comes in at 9.9 percent.

Maine

If you have ever considered moving to Maine, you might want to think twice. The income tax rate for the middle class in this state comes in at 8.5 percent while the marginal income tax rate for the state, combined with the federal rate, is 51.8 percent.

Minnesota

The income tax rate for the middle class living in Minnesota hits the table at 7.1 percent. The state has third highest corporate income tax rate in the country at 9.8 percent. So, not only does the state have brutally cold winters, you will also be handing over a large portion of your paycheck to Uncle Sam.

California

California is a very popular state in which to live because of its scenic views and beautiful weather, not because of its favorable income tax rates. In fact, the state’s top tax rate comes in at 13.3 percent and it has the highest income tax rate in the country. This means that if you plan to take a job in the state, be prepared to hand over an incredibly large chunk of your paycheck to the government.

New Jersey

It seems as though we always hear about residents of New Jersey complaining about the taxes, specifically the property taxes (since they are the highest in the country), but they should also be complaining about the income taxes. New Jersey charges its residents a top tax rate of 8.97 percent.

Hawaii

Have you ever wanted to live in Hawaii? If so, you might want to think twice before buying property there. Even though it is one of the most beautiful states in the country, it charges one of the highest tax rates in the country. The top tax rate in Hawaii is 11 percent and charges its middle class a tax rate of 7.6 percent.

Idaho

There are quite a few states on this list and Idaho is not immune. Residents in Idaho are charged a middle class tax rate of 7.8 percent and hits the list at 12th when charging individual tax rates.

Iowa

The top tax rate in Iowa comes in at just under 9 percent with an 8.98 rate.

As you look for a new job in a new state, browse the thousands available on Granted today.