1New Mexico
Lowest21.0%
Overall effective tax rate
- Net
- Federal
- State
- FICA
- Federal income tax
- $7,670
- State income tax
- $2,359
- Payroll tax (FICA)
- $5,738
- Total tax
- $15,767
- Net income (annual)
- $59,233
Tax year 2026 · state vs state
New Mexico vs Wisconsin Income Tax Comparison (2026)
On a $75,000 salary (single filer, 2026), you pay $235 less state income tax a year in New Mexico than in Wisconsin, which is about $20 a month. At $150,000 the gap is $550 in favor of New Mexico.
New Mexico: up to 5.9%Wisconsin: up to 7.65%Updated October 10, 2026
Compare New Mexico and Wisconsin for your income
Estimate for education only, not tax advice. 2026 federal and state rules, standard deductions, no local taxes. How we calculate.
State comparison
Comparing 2 states, sorted by lowest overall tax rate.
2Wisconsin
21.3%
Overall effective tax rate
- Net
- Federal
- State
- FICA
- Federal income tax
- $7,670
- State income tax
- $2,594
- Payroll tax (FICA)
- $5,738
- Total tax
- $16,002
- Net income (annual)
- $58,998
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💰 Monthly breakdown
Your take-home pay, spread across the year
New Mexico
Monthly gross$6,250
Monthly tax$1,314
Monthly take-home$4,936
Wisconsin
Monthly gross$6,250
Monthly tax$1,333
Monthly take-home$4,917
Estimates use 2026 federal and state rates, the standard deduction for your filing status and no local taxes. Rankings use state income tax only.
New Mexico vs Wisconsin: how the two systems differ
| New Mexico | Wisconsin | |
|---|---|---|
| Wage income tax | Progressive, 6 brackets | Progressive, 4 brackets |
| Top rate | 5.9% | 7.65% |
| Lowest rate | 1.5% | 3.5% |
| Deductions and credits (single) | $16,100 standard deduction | $13,960 standard deduction, $700 personal exemption |
State income tax and take-home pay at every salary
The same salary can leave you with different take-home pay depending on the state. This table applies each state’s 2026 rules to a single filer with no pre-tax contributions.
| Income | NM state tax | WI state tax | Difference | NM take-home | WI take-home |
|---|---|---|---|---|---|
| $30,000 | $351 | $539 | $188 less in New Mexico | $25,934 | $25,746 |
| $40,000 | $753 | $979 | $226 less in New Mexico | $33,567 | $33,341 |
| $50,000 | $1,184 | $1,419 | $235 less in New Mexico | $41,171 | $40,936 |
| $60,000 | $1,654 | $1,859 | $205 less in New Mexico | $48,736 | $48,531 |
| $75,000 | $2,359 | $2,594 | $235 less in New Mexico | $59,233 | $58,998 |
| $100,000 | $3,569 | $3,919 | $350 less in New Mexico | $75,611 | $75,261 |
| $150,000 | $6,019 | $6,569 | $550 less in New Mexico | $107,772 | $107,222 |
| $250,000 | $11,158 | $11,869 | $711 less in New Mexico | $172,024 | $171,313 |
Single filer, 2026, federal standard deduction. Take-home is after federal, state and payroll tax. No local taxes.
Married filing jointly
| Income | NM state tax | WI state tax | Difference | NM take-home | WI take-home |
|---|---|---|---|---|---|
| $75,000 | $1,429 | $1,920 | $491 less in New Mexico | $63,193 | $62,702 |
| $100,000 | $2,576 | $3,052 | $476 less in New Mexico | $82,134 | $81,658 |
| $150,000 | $4,961 | $5,702 | $740 less in New Mexico | $118,224 | $117,483 |
| $250,000 | $9,861 | $11,002 | $1,140 less in New Mexico | $187,607 | $186,466 |
Married filing jointly, 2026, federal standard deduction. Uses each state's joint brackets where they differ.
Does the lower-tax state change as income rises?
For a single filer, New Mexico and Wisconsin charge the same state income tax (nothing) up to roughly $15,000 of income. Above that, New Mexico is the lower-tax state.
Rates side by side
New Mexico (single filers)
| 1.5% | Up to $5,500 |
| 3.2% | $5,501 to $16,500 |
| 4.3% | $16,501 to $33,500 |
| 4.7% | $33,501 to $66,500 |
| 4.9% | $66,501 to $210,000 |
| 5.9% | Over $210,000 |
Wisconsin (single filers)
| 3.5% | Up to $15,110 |
| 4.4% | $15,111 to $51,950 |
| 5.3% | $51,951 to $332,720 |
| 7.65% | Over $332,720 |
Full details for each state: New Mexico income tax calculator and Wisconsin income tax calculator. Federal rates are on the 2026 federal tax brackets page.
New Mexico vs Wisconsin FAQ
Which has lower income tax, New Mexico or Wisconsin?+
New Mexico is lower at $75,000: $2,359 of state income tax versus $2,594 in Wisconsin. At $150,000 it is $6,019 in New Mexico and $6,569 in Wisconsin. For a single filer, New Mexico and Wisconsin charge the same state income tax (nothing) up to roughly $15,000 of income. Above that, New Mexico is the lower-tax state.
How much more do I keep on $100,000 in New Mexico versus Wisconsin?+
A single filer keeping $75,611 a year in New Mexico would keep $75,261 in Wisconsin after federal, state and payroll tax. The difference is $350 a year, or $29 a month.
How do the New Mexico and Wisconsin income tax systems differ?+
New Mexico uses progressive rates up to 5.9%; Wisconsin uses progressive rates up to 7.65%. State deductions and exemptions also differ, which changes how much income is taxed.
Are local taxes included in this New Mexico vs Wisconsin comparison?+
No. It covers federal income tax, Social Security, Medicare and state income tax only. City, county, sales and property taxes are not included, and they can change the real cost of living in each state.
Should I move from New Mexico to Wisconsin to save on taxes?+
State income tax is one cost among many. Property and sales taxes, housing, insurance and wages also differ, and you may owe tax to both states in the year you move. Use this comparison as one input and confirm details with a tax professional.
Sources
- Tax Foundation: 2026 state individual income tax rates and brackets
- IRS: Tax inflation adjustments for tax year 2026
Last checked October 10, 2026. Confirm with your state tax agency before filing.
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Estimates for education only, not tax, legal or financial advice. Not a substitute for a tax professional or your state revenue department.