Personal Finance
How Income Taxes Shrink a $100,000 Salary in All 50 States
See how a six-figure salary is reduced to teeny-tiny take-home pay where you live.
Not happy when you look closely at your paycheck and compare the gross amount with the far more puny net? It sure seems like a lot is lost to taxes — but do you have any idea just how much? You might be surprised. Using a SmartAsset paycheck calculator, we determined how income taxes shrink a hypothetical $100,000 salary in all 50 states and the District of Columbia.
See how a good-sized salary is reduced to teeny-tiny take-home pay where you live.
No wonder it's so tough to save money. (But you can do it!)
Find out what's happening in Across Wyomingfor free with the latest updates from Patch.
What happens to paychecks in Wyoming?
The sun sets behind the Teton Range and Snake River in Grand Teton National Park, Wyoming..
This sparsely populated state of woods, mountains and waterfalls does not tax personal incomes, so residents have more take-home pay to spend on their outdoor pursuits.
A worker earning $100,000 a year is left with **$76,096**, with only federal taxes to pay.
Find out what's happening in Across Wyomingfor free with the latest updates from Patch.
And while the grizzlies in Wyoming can have ferociously strong teeth, sales taxes don't bite too hard. The state sales tax rate is 4%, and the most you'll pay on your purchases is 6%, in some cities
See the complete story on MoneyWise.com and find out how workers fare in other states.