United States · 2024

Indiana vs New Mexico Income Tax 2024

At a $100K salary, Indiana is about $1,448 cheaper in 2024.

Enter your income to compare
Top rate
3.05%
Brackets
1
Std. deduction
State brackets
3.05%
Bracket 1
$0and up
Top rate
5.9%
Brackets
5
Std. deduction
$2,500
State brackets
1.7%
Bracket 1
$0to$5,500
3.2%
Bracket 2
$5,501to$11,000
4.7%
Bracket 3
$11,001to$16,000
4.9%
Bracket 4
$16,001to$210,000
5.9%
Bracket 5
$210,000and up

At common incomes, what's the tax difference?

Federal + state income tax after the standard deduction, 2024. Excludes FICA.
Compare your income
$
We'll pin your result at the top.
Income
Indiana tax
New Mexico tax
Difference
$50,000single filer
$5,54111.1% effective
$6,06412.1% effective
$523 lessin Indiana
$100,000single filer
$16,89116.9% effective
$18,33918.3% effective
$1,448 lessin Indiana
$200,000single filer
$43,63921.8% effective
$46,93723.5% effective
$3,298 lessin Indiana

Federal income tax — same for both

7 brackets · 10–37% · applies on top of state rates
10%
to $11,600
12%
to $47,150
22%
to $100,525
24%
to $191,950
32%
to $243,725
35%
to $609,350
37%
$609,351+
IN
Indiana
Full 2024 breakdown3.05%
NM
New Mexico
Full 2024 breakdown5.9%