Massachusetts Income Tax
Massachusetts has a flat income tax with a rate of 5% + 4% surtax >$1M. All taxable income is taxed at the same rate regardless of how much you earn.
Massachusetts Sales Tax
The state sales tax rate in Massachusetts is 6.25%. With an average local sales tax of 0%, the combined average sales tax rate is 6.25%.
Massachusetts Property Tax
The effective property tax rate in Massachusetts is 1.15%. With a median home value of $510,500, the median annual property tax bill is $5,928 ($494/month).
Corporate & Business Taxes
The corporate tax rate in Massachusetts is 8%.
Other Taxes in Massachusetts
| Tax Type | Rate / Amount |
|---|---|
| Gas Excise Tax | $0.24/gallon |
| Cigarette Tax | $3.51/pack |
| Estate Tax | Yes |
| Inheritance Tax | No |
Key Facts
Millionaire's tax adds 4% on income over $1M. No sales tax on clothing under $175.
Compare to Other States
See how salaries compare on our average salary in Massachusetts page. Thinking about starting a business? Check our LLC guide for Massachusetts. See the current minimum wage in Massachusetts.
Financial Calculators
Plan your finances in Massachusetts with our free tools:
- Paycheck Calculator — estimate take-home pay after taxes
- Salary Calculator — convert hourly to annual pay
- Mortgage Calculator — estimate monthly home payments
- Home Affordability Calculator — see how property taxes affect what you can afford