Using this infographic as a starting point for finding the best Paycheck Cities, individuals can go one step further and use PaycheckCity free online calculators to find out exactly what their net pay would be in each location.
Scottsdale, Arizona (PRWEB) April 06, 2015
You know how much you make, but do you know how you compare to the rest of the United States? The Best Paycheck Cities in America outlines the net (take-home) pay of 18 major US cities based on an income of $45,000, either single or married. Detailing states with no state tax, flat tax rates, and highest state tax, this infographic will help Americans everywhere that are contemplating a move or just want to make the most of their income determine the best places to live.
The infographic walks the viewer through the cities, detailing where they can maximize their paycheck according to state and local taxes. Of course, the best Paycheck Cities end up being those with no state or local taxes. The infographic also helps the viewer understand basic components of the paycheck, such as what gross and net pay mean and a breakdown of how your take-home pay is calculated. In addition, the Best Paycheck Cities in America infographic points out the nine states that have no state income tax.
Jon Bohnert, President of Symmetry Software, states, “Using this infographic as a starting point for finding the best Paycheck Cities, individuals can go one step further and use PaycheckCity free online calculators to find out exactly what their net pay would be in each location.”
The statistics included in the infographic were determined by running each salary calculation through PaycheckCity.com. The salary was set at $45,000, and federal and state allowances were set at zero for both single and married. The highest income tax states represent the 5 states that have a rate greater than 8% for their highest income tax brackets.
The full infographic is available here.
About Symmetry Software
Symmetry Software simplifies the payroll process with accurate and dependable payroll withholding tax solutions. From Payroll Point®, our local tax identifier, and Symmetry Payroll Forms™, electronic withholding forms, to the Symmetry Tax Engine® and PaycheckCity® Calculators, our products give you the right taxes, the first time®.