Results are estimates for educational purposes only. Based on 2026 IRS federal brackets and New York state tax rates. Always consult a qualified tax professional.
New York income tax overview
New York State has a progressive income tax with rates ranging from 4% to 10.9% for the highest earners. But the bigger tax story for New York City residents is the additional NYC local income tax — up to 3.876% — which stacks on top of state tax. This makes NYC one of the highest-taxed cities in the US. New York State residents outside of NYC pay only the state rate, which is more moderate. New York does not tax Social Security benefits and offers an exemption on the first $20,000 of pension income for those 59½ and older. The state's high costs of living are partly reflected in higher average wages, but the combined tax burden is significant.
2026 New York income tax rates
Tax rate
Income range (single filer)
4%
$0 – $17,150
4.5%
$17,151 – $23,600
5.25%
$23,601 – $27,900
5.85%
$27,901 – $161,550
6.25%
$161,551 – $323,200
6.85%
$323,201 – $2,155,350
9.65%
$2,155,351 – $5,000,000
10.3%
$5,000,001 – $25,000,000
10.9%
Over $25,000,000
Worked example: $75,000 salary in New York
A $75,000 salary in New York State results in approximately $4,875 in state income tax (effective ~6.5%), plus $12,580 federal tax, $4,650 Social Security, and $1,088 Medicare. Annual take-home is approximately $51,807. NYC residents add approximately $2,400 in city tax, reducing take-home to around $49,407.
Key facts: NYC adds up to 3.876% local tax · Social Security exempt · High earner surcharges apply
Frequently asked questions — New York income tax
You pay New York State tax on income earned in New York State, but you do not pay NYC local income tax if you live outside the five boroughs. New Jersey residents working in NYC pay NY State tax on NY income and NJ tax on their NJ income, and receive a credit to avoid full double taxation.
No. New York State does not tax Social Security benefits. Additionally, pension and annuity income up to $20,000 is exempt from state tax for those aged 59½ and older.
New York City has its own progressive income tax with rates from 3.078% to 3.876%. For most middle-income NYC residents, the effective NYC rate is around 3.4%. This is on top of New York State income tax.
The NYC commuter tax was largely repealed in 1999. However, a Metropolitan Commuter Transportation Mobility Tax (MTA tax) of 0.34% applies to wages earned in the Metropolitan area, regardless of where you live.
New York State taxes capital gains as ordinary income at the same rates as regular income — there is no preferential long-term rate. NYC residents also pay city tax on capital gains, making New York particularly expensive for investors.
Compare New York to other states
Use our US income tax calculator to compare your take-home pay across all 50 states. You may be surprised how much location affects your net income.