Current:Home > reviewsThese are the states with the highest and lowest tax burdens, a report says -Achieve Wealth Network
These are the states with the highest and lowest tax burdens, a report says
View
Date:2025-04-17 02:49:00
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! (19)
Related
- What to watch: O Jolie night
- Wave of gun arrests on Capitol Hill, including for a gun in baby stroller, as tourists return
- Clean Energy Soared in the U.S. in 2017 Due to Economics, Policy and Technology
- Plastics: The New Coal in Appalachia?
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Michigan man accused of planning synagogue attack indicted by grand jury
- Airline passengers are using hacker fares to get cheap tickets
- United Nations Chief Warns of a ‘Moment of Truth for People and Planet’
- Stamford Road collision sends motorcyclist flying; driver arrested
- Proof Fast & Furious's Dwayne Johnson and Vin Diesel Have Officially Ended Their Feud
Ranking
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Brad Pitt and Angelina Jolie's Winery Court Battle Heats Up: He Calls Sale of Her Stake Vindictive
- Biden using CPAP machine to address sleep apnea
- Fourth of July flight delays, cancellations contributing to summer travel woes
- Trump wants to turn the clock on daylight saving time
- Padma Lakshmi Leaving Top Chef After Season 20
- Payment of Climate Debt, by Rich Polluting Nations to Poorer Victims, a Complex Issue
- Earn less than $100,000 in San Francisco? Then you are considered low income.
Recommendation
The Louvre will be renovated and the 'Mona Lisa' will have her own room
Californians Are Keeping Dirty Energy Off the Grid via Text Message
Are Electric Vehicles Pushing Oil Demand Over a Cliff?
Alaska Tribes Petition to Preserve Tongass National Forest Roadless Protections
Bodycam footage shows high
China’s Summer of Floods is a Preview of Climate Disasters to Come
Climate Funds for Poor Nations Still Unresolved After U.S.-Led Meeting
How Fossil Fuel Allies Are Tearing Apart Ohio’s Embrace of Clean Energy