Current:Home > reviewsThese are the states with the highest and lowest tax burdens, a report says -WealthFlow Academy
These are the states with the highest and lowest tax burdens, a report says
View
Date:2025-04-16 20:06:33
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! (1314)
Related
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Man sentenced in prison break and fatal brawl among soccer fans outside cheesesteak shop
- Moon fests, moon movie and even a full moon mark 55th anniversary of Apollo 11 landing
- Biden's COVID symptoms have improved meaningfully, White House doctor says
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Village in southern New Mexico ravaged by wildfires last month now facing another flash flood watch
- Utah State football player Andre Seldon Jr. dies in apparent cliff-diving accident
- New Hampshire Gov. Sununu signs bill banning transgender girls from girls’ sports
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Biden’s legacy: Far-reaching accomplishments that didn’t translate into political support
Ranking
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Is there a way to flush nicotine out of your system faster? Here's what experts say.
- Inter Miami to honor Lionel Messi’s Copa America title before match vs. Chicago Fire
- How the Olympic Village Became Known For Its Sexy Escapades
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Man in custody after 4 found dead in Brooklyn apartment attack, NYPD says
- Tour de France results, standings: Tadej Pogačar invincible with Stage 20 victory
- British Open 2024 highlights: Daniel Brown slips up; Billy Horschel leads entering Round 4
Recommendation
At site of suspected mass killings, Syrians recall horrors, hope for answers
Brian Kelley of Florida Georgia Line duo announces 'Make America Great Again' solo single
Florida man arrested after alleged threats against Donald Trump, JD Vance
Rafael Nadal reaches first final since 2022 French Open
Sam Taylor
Rafael Nadal reaches first final since 2022 French Open
Horschel leads British Open on wild day of rain and big numbers at Royal Troon
Tampa Bay Rays put top hitter Yandy Diaz on restricted list