Capital gains are taxed at 3 levels in the United States: federal, state and local. (to which one might have to add the Net Investment Income Tax (NIIT) if one's income is higher than some threshold.)


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I'm curious to see the typical local tax rate on capital gains. Where can I see the local tax rates on capital gains? https://smartasset.com/investing/capital-gains-tax-calculator only allows to enter 1 location at the time, whereas I'd like to see an overview for the entire US (or at least one entire state).

For example, for state rates on capital gains, https://www.fool.com/taxes/2014/10/04/the-states-with-the-highest-capital-gains-tax-rate.aspx (mirror) gives a nice synopsis:

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complemented by https://www.cbpp.org/research/state-budget-and-tax/state-taxes-on-capital-gains (mirror):

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I imagine most local capital gains tax rates are equivalent to local income tax rates, for which I have found this article by the Tax Foundation to be the best summary. Here is their map: Local Income Tax Collections

Of course if you're really considering an area you'll have to look into it further to determine what exactly you'd pay and how/if it applies to capital gains. But this should give you a pretty good idea to get started, and also let you know what areas of the country you probably won't face any local income taxes.

  • 1
    Why the downvote? If the answer contains incorrect information, please let us know. – Franck Dernoncourt Dec 6 '20 at 20:45

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