Calculate your annual tax savings from moving to a lower tax state
Moving from California to Texas on a $150,000 salary saves approximately $11,565 per year in state income tax. California taxes at 9.3% while Texas has zero state income tax. Over 10 years that difference is $115,650 before investment growth. Nine US states have no income tax including Texas, Florida, Nevada and Washington.
State income tax varies from 0% in nine states to over 13% in California. For high earners the state of residence can make a six-figure difference in lifetime tax burden. This calculator shows the exact annual and lifetime tax savings from relocating to a lower-tax state based on your income and current state.