New York Salary After Tax Calculator
Calculate Your Take-Home Pay
Your Results
Enter your salary details and click calculate to see your results
Recent Calculations
| Salary | Net Pay | ||
|---|---|---|---|
| No calculations yet | |||
Quick Actions
Wage Comparison in New York
Compare Your New York Salary
New York offers some of the highest salaries in the nation, particularly in NYC, but also has progressive state income tax rates from 4% to 10.9%, plus additional NYC taxes. The state’s economy is driven by finance, technology, media, real estate, and tourism, with major employment centers in NYC, Albany, Buffalo, and Rochester.
- • Compare by NYC, Albany, Buffalo, Rochester, and Syracuse areas
- • Consider NY’s progressive state tax (4% – 10.9%) plus NYC taxes
- • Factor in finance, tech, media, and real estate sectors
New York Salary Factors
NYC: Finance, tech, media, real estate
Albany: Government, healthcare
Buffalo: Manufacturing, healthcare
High taxes, high salaries
Average Salary in New York
New York Industry Averages
New York’s economy is one of the most diverse and lucrative in the world, with Wall Street driving finance, Silicon Alley powering tech, and major media companies headquartered in NYC. The state offers some of the highest salaries nationally, though taxes and cost of living are also among the highest.
Finance
$125,000
Average annual salary
Technology
$115,000
Average annual salary
Media
$85,000
Average annual salary
Healthcare
$78,000
Average annual salary
New York Salary Factors
- • Progressive state tax
- • NYC additional taxes
- • Wall Street finance hub
- • Silicon Alley tech scene
- • High cost of living
- • Global business center
New York Minimum Wage
New York State Minimum Wage
New York has different minimum wage rates depending on location. NYC has the highest at $15.00 per hour, while the rest of the state is $15.00 per hour as of 2025. Tipped workers have different rates, and there are specific rules for fast food workers and other industries.
NYC Minimum Wage
$15.00
per hour (2025)
Annual Full-Time (NYC)
$31,200
40 hours/week, 52 weeks
New York Regional Rates
Note: Fast food workers have specific minimum wage rules. Tipped workers must receive the full minimum wage if tips don’t make up the difference.
New York Tax Information
Understanding New York Taxes
New York has one of the most complex tax systems in the US, with progressive state income tax rates from 4% to 10.9%, plus additional NYC income tax (3.078% to 3.876%) and Yonkers tax (0.5% to 1.477%). The state also has high sales tax and property taxes, but offers various deductions and credits.
Federal Income Tax
Progressive rates from 10% to 37% based on income
NY State Income Tax
Progressive rates from 4% to 10.9%
NYC Income Tax
Additional 3.078% to 3.876% for NYC residents
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
New York Tax Structure
Progressive State Tax
NY uses progressive rates from 4% (income under $8,500) to 10.9% (income over $25 million), with additional brackets for high earners.
NYC Additional Tax
NYC residents pay additional income tax ranging from 3.078% to 3.876%, making total tax burden among the highest in the nation.
Sales & Property Tax
NY has 4% state sales tax plus local taxes (up to 8.25% in NYC). Property taxes are among the highest nationally.
Tax Credits & Deductions
NY offers Empire State Child Credit, Earned Income Tax Credit, and various other credits to help offset the high tax burden.
Important Note
This calculator provides estimates. NY tax calculations are complex and actual taxes may vary significantly based on deductions, credits, and specific circumstances.