Massachusetts Salary After Tax Calculator
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Wage Comparison in Massachusetts
Compare Your Massachusetts Salary
Massachusetts offers competitive salaries with a flat state income tax rate of 5% and high cost of living, particularly strong in technology, biotechnology, healthcare, and education, with Boston and Cambridge serving as major economic centers.
- • Compare by Boston, Cambridge, Worcester, and Springfield areas
- • Factor in Massachusetts’s flat income tax (5%)
- • Consider tech, biotech, healthcare, and education sectors
Massachusetts Salary Factors
Boston: Finance, tech, healthcare
Cambridge: Biotech, MIT, Harvard
Route 128: Technology corridor
Innovation economy leader
Average Salary in Massachusetts
Massachusetts Industry Averages
Massachusetts’s economy is driven by technology, biotechnology, healthcare, and education. The state is home to world-renowned universities like MIT and Harvard, creating a highly educated workforce and fostering innovation in emerging industries.
Technology
$98,000
Average annual salary
Biotechnology
$105,000
Average annual salary
Healthcare
$72,000
Average annual salary
Finance
$88,000
Average annual salary
Massachusetts Salary Factors
- • Innovation hub
- • World-class universities
- • Biotech corridor
- • Tech companies
- • Healthcare leaders
- • High education levels
Massachusetts Minimum Wage
Massachusetts State Minimum Wage
Massachusetts has set its minimum wage above the federal rate at $15.00 per hour as of 2023. The state reached its $15 target and maintains one of the highest minimum wages in the country, reflecting the state’s higher cost of living.
Massachusetts Minimum Wage
$15.00
per hour (2025)
Annual Full-Time
$31,200
40 hours/week, 52 weeks
Massachusetts vs Other States
Note: Massachusetts’s $15 minimum wage reflects the state’s high cost of living and commitment to providing livable wages, especially in the Boston metro area.
Massachusetts Tax Information
Understanding Massachusetts Taxes
Massachusetts has a flat state income tax rate of 5% on most income types. The state also has a 6.25% sales tax and property taxes that vary by municipality. Massachusetts is known for having a relatively simple tax structure compared to other high-income states.
Federal Income Tax
Progressive rates from 10% to 37% based on income
Massachusetts State Income Tax
Flat rate of 5% on most income
Short-Term Capital Gains
12% on short-term capital gains
Social Security Tax
6.2% on income up to $168,600 (2025 limit)
Medicare Tax
1.45% on all income, plus 0.9% on income over $200,000
Massachusetts Tax Structure
State Income Tax (2025)
- • 5% flat rate on most income types
- • 12% on short-term capital gains
- • 5% on long-term capital gains
- • 4% additional tax on income over $1 million (Fair Share Amendment)
- *The millionaire’s tax funds education and transportation
Sales Tax
Massachusetts has a 6.25% state sales tax with no additional local sales taxes.
Tax Benefits
Massachusetts offers various deductions and credits, including personal exemptions, dependent deductions, and credits for certain expenses.
Important Note
This calculator provides estimates. Consult a tax professional for personalized advice and accurate calculations.