PORTLAND, Ore. – Earning six figures is a big career milestone, but in Oregon you need to earn a lot more than that to take home $100,000.
GoBankingRates determined the precise salary workers need in each state to take home $100,000. The finance site took federal, state and local taxes into account.
In Oregon, you need to earn $152,810. That’s the most of any state, and it’s mainly due to no sales tax, and a high income tax to make up the difference.
Oregon’s neighbor to the north is at the other end of the spectrum. In Washington, you need to earn $134,630 to take home $100,000. That’s mainly because Washington is one of seven states without an income tax. Workers can keep close to 70 percent of their salaries.