Current:Home > InvestThese are the states with the highest and lowest tax burdens, a report says -Infinite Profit Zone
These are the states with the highest and lowest tax burdens, a report says
View
Date:2025-04-12 01:57:39
This year's federal tax filing deadline of April 18 is quickly approaching, and Americans generally pay some mixture of federal, local, and in most cases, state taxes. But the tax burden of some states significantly outpaces others, data shows.
WalletHub, a personal finance website, released a report this week analyzing total tax burden by state. Tax burden is defined as the proportion of a person's income that goes toward taxes.
It measured a combination of the proportion of property tax, income tax and sales tax that people paid. These were the states with the highest and lowest tax burdens.
Highest tax burdens
- New York - 12.47%
- Hawaii - 12.31%
- Maine - 11.14%
- Vermont - 10.28%
- Connecticut - 9.83%
- New Jersey - 9.76%
- Maryland - 9.44%
- Minnesota - 9.41%
- Illinois - 9.38%
- Iowa - 9.15%
Lowest tax burdens
- Alaska - 5.06%
- Delaware - 6.12%
- New Hampshire - 6.14%
- Tennessee - 6.22%
- Florida - 6.33%
- Wyoming - 6.42%
- South Dakota - 6.69%
- Montana - 6.93%
- Missouri - 7.11%
- Oklahoma - 7.12%
When broken down by category, the states with the highest burden for property tax were Maine (5.33%), Vermont (4.98%) and New Hampshire (4.94%), while the lowest were Alabama (1.39%), Tennessee (1.66%) and Arkansas (1.68%).
The states with the highest burden for income tax are New York (4.72%), Maryland (4.21%) and Oregon (3.62%). There are nine states with no income tax – Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming, One of those states, however — New Hampshire — does tax dividends and interest.
The states with the highest sales tax burden are Hawaii (6.71%), Washington, (5.66%) and New Mexico (5.62%), while the states with the lowest sales tax burden are New Hampshire (1.07%), Delaware (1.09%) and Oregon (1.11%).
veryGood! (59828)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- New contract makes UPS the primary air cargo provider for the US Postal Service
- Florida man sentenced for threatening to murder Supreme Court justice
- Black coaches were ‘low-hanging fruit’ in FBI college hoops case that wrecked careers, then fizzled
- Could your smelly farts help science?
- Nicki Minaj Pink Friday 2 tour: See the setlist for her career-spanning concert
- Hunter Schafer Confirms Past Relationship With Rosalía
- Spring Into Savings With 70% Off Kate Spade Deals, Plus an Extra 20% Off Select Styles
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- John Sinclair, a marijuana activist who was immortalized in a John Lennon song, dies at 82
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Dave Coulier shares emotional 2021 voicemail from Bob Saget: 'I love you, Dave'
- Inside Nicholas Hoult’s Private Family Life With Bryana Holly
- Whatever's making sawfish spin and die in Florida waters doesn't seem to be impacting people, marine lab head says
- Meta releases AI model to enhance Metaverse experience
- How long does Botox last? Experts answer some FAQs
- Firefighters rescue 2 people trapped under Ohio bridge by fast-rising river waters
- Seasonal allergies are here for spring 2024. What to know about symptoms and pollen count
Recommendation
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Travis Kelce Reveals His Summer Plans With Taylor Swift—and They’re Anything But Cruel
Judge sides with conservative group in its push to access, publish voter rolls online
Voters in Enid, Oklahoma, oust city council member with ties to white nationalism
DoorDash steps up driver ID checks after traffic safety complaints
Florida man sentenced to prison for threatening to kill Supreme Court Chief Justice John Roberts
Love is Blind's Giannina Gibelli Gives Birth, Welcomes First Baby With Blake Horstmann
Jazz assistant coach inspires custom-designed Nike shoes for World Autism Month