Alaska consistently ranks as the state with the highest take-home pay for individuals earning a $100,000 annual salary. This is primarily due to Alaska having no state income tax, which significantly reduces the deductions from an individual's gross earnings.
When considering states where a $100,000 salary yields the most after taxes, the top contenders generally include states that do not impose a state income tax. This allows residents to retain a larger portion of their earnings compared to states with high income tax rates.
Top States for Take-Home Pay on a $100,000 Salary
The states offering the highest take-home pay on a $100,000 salary are predominantly those without a state income tax. Here's a look at the top states where your earnings go furthest, whether you are single or married:
Rank | State: Single Earner | State: Married Earners |
---|---|---|
1 | Alaska | Alaska |
2 | Florida | Florida |
3 | Nevada | Nevada |
4 | New Hampshire | New Hampshire |
These states, including Alaska, Florida, Nevada, and New Hampshire, are notable for their favorable tax environments. The absence of state income tax is a significant factor, allowing residents to retain more of their gross pay. For instance, in Alaska, a substantial portion of a $100,000 salary remains with the earner after federal taxes and other common deductions.
For more details on how state taxes impact take-home pay, you can explore resources like those detailing how much money is left from a $100,000 salary after state deductions.