Want to take home $100K a year? Here's what you ACTUALLY need to make in each state

Want to take home $100K a year? Here's what you ACTUALLY need to make in each state MailOnline logo
  • Tax was highest in Oregon, Maryland, Hawaii, California and Maine
  • Florida, Nevada, Tennessee, Texas and Wyoming were among the most lenient

There's a big difference between earning $100,000 before and after tax - and in some states that gap is bigger than in others.

In Oregon, a worker would need an annual salary of more than $156,000 in order to take home $100,000 a year, or about $8,300 a month.

On the other end of the spectrum, in a handful of states, where there is no state income tax, a salary of just $137,000 would yield take-home pay of $100,000.

Residents of Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming will enjoy the most lenient taxation - coming home with 72.8 percent of their pre-tax pay.

Although Alaska technically also has no state income tax, some regions may impose their own taxes averaging a combined rate of less than 2 percent.

After Oregon, states with the highest taxes included Maryland, Hawaii, California and Maine - in at order.

Surprisingly, some 13 states impose higher taxes than New York, where earners would need to have an annual salary of about $149,500 to take home $100,000.

Considering all 50 states, the average required pre-tax salary was about $146,500 - Oklahoma and Colorado were both in that region.

The figures were published in a recent study by GOBankingRates, which considered the average federal income taxes and withholdings for Social Security and Medicare, as well as state and local taxes.

FIVE STATES REQUIRING THE HIGHEST SALARIES

1. Oregon: $156,280

2. California: $153,700

3. Maryland: $154,850

4. Hawaii: $154,165

5. Maine: $151,640

Source:GOBankingRates

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