Here’s how much you really need to earn to take home $100,000.
For many American workers, earning a six-figure income is an impressive milestone. But it might not mean as much after accounting for state and local taxes, particularly in places like New York, California and Maryland.
div > div.group > p:first-child"> To see how much you really need to take home $100,000, personal finance site GOBankingRates determined the exact salary, weighing federal, state and local taxes plus withholdings. In Oregon, that comes out to $152,810. Since the Beaver State doesn't have a sales tax, high income taxes make up the difference.
Alternatively, residents of Nevada and New Hampshire need only to earn $134,629 on paper to take home $100,000 — that's largely because those states have no income tax on wages and salaries. Think twice before moving your business to a low-tax state
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