Both Washington and Texas have no state income tax (0%), making them two of the most tax-friendly states. However, Washington imposes a 7% capital gains tax on gains over $250k (affecting investors and startup employees with stock), while Texas has no capital gains tax. Property taxes favor Washington (0.94% vs TX 1.74%), but Washington has higher sales tax (9.38% vs 8.20%). Overall, Texas offers slightly lower taxes for high capital gains earners, while Washington offers better property tax rates. Seattle-to-Austin tech migration has accelerated post-2020.

By Daniel, Founder of CountryTaxCalc

Daniel has spent 5+ years researching tax systems across 95+ countries and all US states to make tax comparison accessible to everyone. For corrections, contact us.

Last Updated: April 2026

The Big Picture

🏔️ Washington

0%

No Income Tax

0% (7% capital gains over $250k)

🤠 Texas

0%

No Income Tax

Constitutional prohibition

Typical Annual Savings

At $100,000 income:

$0

That is $0/month back in your pocket!

Tax Savings by Income Level

IncomeWA TaxTX TaxSavings10-Year
$50,000 $0$0$0$0
$100,000 $0$0$0$0
$200,000 $0$0$0$0
$500,000 $0$0$0$0
💡

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Washington Pros and Cons

✅ Pros

  • Lower property tax: 0.94% (vs TX 1.74%) saves $2,000-$8,000/year
  • Tech salaries: Amazon/Microsoft highest in industry ($250k-$500k+)
  • Natural beauty: Mountains, ocean, forests (Cascades, Puget Sound)
  • Mild summers: 75°F average (vs TX 100°F+), low humidity
  • No hurricanes: Minimal natural disaster risk (vs TX tornadoes)

❌ Cons

  • Capital gains tax: 7% on gains over $250k (TX 0%—huge for investors/founders)
  • Expensive housing: Seattle median $850k (vs Austin $590k, 31% cheaper)
  • Rain: 155 rainy days/year (vs Austin 34 inches total/year)
  • Highest sales tax: Seattle 10.35% (highest major US city vs Austin 8.25%)
  • Limited sunshine: 152 sunny days (vs Austin 300 days)

Texas Pros and Cons

✅ Pros

  • No capital gains tax: 0% (vs WA 7% on gains over $250k—huge for tech stock)
  • Lower housing: Austin median $590k (vs Seattle $850k, 31% cheaper)
  • Lower cost of living: 21% cheaper than Washington overall
  • Sunny weather: 300 days sunshine (vs Seattle 152 days)
  • No rain: Dry climate (vs Seattle 155 rainy days/year)

❌ Cons

  • Higher property tax: 1.74% (3rd highest in US) costs $2,000-$8,000 more/year
  • Sales tax: 8.20% (vs WA... wait, WA is higher at 9.38%)
  • Very hot summers: 100°F+ regularly (vs Seattle mild 75°F)
  • Car-dependent: Austin requires car (vs Seattle walkable + Link light rail)
  • No outdoor access: Desert vs WA mountains/ocean/forests

Frequently Asked Questions

Q: Both states have 0% income tax—what's the real difference?

For wage earners, both are identical—0% income tax. The key difference: Washington's 7% capital gains tax on gains over $250k/year. If you sell stock for $500k gain, WA charges 7% on $250k (the amount over threshold) = $17,500 tax. Texas: $0. This massively impacts tech employees with RSUs/options, startup founders, and active investors. For homeowners, WA wins on property tax (0.94% vs TX 1.74%)—save $2,000-$8,000/year.

Q: Who is affected by Washington's capital gains tax?

Tech employees with significant stock compensation (Amazon/Microsoft RSUs vesting $250k+), startup founders selling companies or exercising options at IPO/acquisition, active investors realizing $250k+ gains annually. Real estate is EXEMPT (no cap gains tax on home sales). Most wage earners are unaffected. But for tech workers with heavy stock comp, Texas saves 7% on gains over $250k.

Q: Is Seattle to Austin tech migration real?

Very real. In 2023, 16,284 people moved WA → TX (vs 8,471 TX → WA), net gain of 7,813 for Texas. Post-2020 remote work enabled Seattle tech workers to relocate to Austin while keeping high salaries. Drivers: housing 31% cheaper, no capital gains tax (saves 7% on stock), 300 sunny days vs 152. However, Amazon/Microsoft still pay highest salaries in Seattle ($250k-$500k+ vs Austin $200k-$400k).

Q: Which state is better for homeowners vs renters?

Washington wins for homeowners: 0.94% property tax (vs TX 1.74%)—save $2,000-$8,000/year on expensive homes. Texas wins for renters: no capital gains tax (investors save 7%), housing 31% cheaper ($590k vs $850k median), 21% lower cost of living. If you own expensive home ($800k+), WA property tax savings are massive. If you rent and have stock comp, TX wins on capital gains + lower rent.

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