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Taxes in Lacey, New York

Complete tax guide for Lacey, NY. State income tax up to 6.85%, 1.79% property tax, 6.09% sales tax. Calculate your total tax burden.

State Income Tax

6.85%

New York

Property Tax

1.79%

Effective rate

Sales Tax

6.09%

Combined rate

Tax Burden

Very High

Lacey, NY Tax Overview

Population

29,252

Median Income

$74,300

Cost of Living

125.9 (100 = avg)

State Income Tax

6.85%

Local Income Tax

1.49%

Median Home Price

$437,000

Lacey Tax Calculator

Pre-filled with Lacey median: $74,300

Total Tax Burden in Lacey

$19,841

Take-Home: $54,459 · Effective Rate: 26.70%

Federal Tax

$7,960

10.71% eff.

NY State + Local

$6,197

8.34% eff.

FICA

$5,684

7.65% eff.

Take-Home

$54,459

73.30% kept

Tax Breakdown

Take-Home 73.30%
Federal
NY
FICA
Take-Home Federal Tax NY State + Local Tax FICA
ItemAnnualMonthly
Gross Income$74,300.00$6,191.67
Federal Income Tax-$7,960.00-$663.33
New York State Tax-$5,089.55-$424.13
Lacey Local Tax (1.49%)-$1,107.07-$92.26
Social Security (6.2%)-$4,606.60-$383.88
Medicare (1.45%)-$1,077.35-$89.78
Take-Home Pay$54,459.43$4,538.29

Property Tax in Lacey

Median Home

$437,000

Annual Tax

$7,822

Monthly Tax

$652

Effective Rate

1.79%

vs. National Average (1.1%)+$3,015/yr
Median Property Tax Paid$7,822/yr

Sales Tax in Lacey

Combined Rate

6.09%

State Portion

~3.6%

Local Portion

~2.5%

The combined sales tax rate in Lacey is 6.09%, which is below the national average of 7.12%. On a $100 purchase, you would pay $6.09 in sales tax.

Tax Burden Comparison

Tax TypeLaceyNew York AvgNational Avg
Income Tax6.85% + 1.49%6.85%4.6%
Property Tax1.79%~1.79%1.1%
Sales Tax6.09%~6.09%7.12%
Overall BurdenVery HighModerate

Tax Saving Tips for Lacey Residents

  • New York's income tax rate of 6.85% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
  • Lacey has a local income tax of 1.49%. If you work remotely, verify whether you owe city tax based on where you work or where you live. Some cities only tax people who work within city limits.
  • Property tax in Lacey (1.79%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Calculate Your Full New York Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in Lacey, NY?

Lacey, New York has a state income tax rate up to 6.85%, plus a local income tax of 1.49%. The property tax rate is 1.79% and the combined sales tax rate is 6.09%.

How much is property tax in Lacey?

The effective property tax rate in Lacey is 1.79%. On the median home price of $437,000, this equals approximately $7,822 per year or $652 per month. This is above the national average of 1.1%.

What is the sales tax rate in Lacey?

The combined sales tax rate in Lacey is 6.09%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.

How does Lacey's tax burden compare to other cities?

Lacey has a very high overall tax burden. The effective total tax rate for a median-income household is approximately 35.9%. The combination of 6.85% state income tax, 1.79% property tax, and 6.09% sales tax determines the total burden. Cost of living index is 125.9 (100 = national average).

Are there any local taxes in Lacey?

Yes. Lacey imposes a local income tax of 1.49% in addition to the state income tax of 6.85%.