Current:Home > reviewsThese are the states with the highest and lowest tax burdens, a report says -Blueprint Money Mastery
These are the states with the highest and lowest tax burdens, a report says
Fastexy Exchange View
Date:2025-04-06 19:26:13
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! (231)
Related
- 'Most Whopper
- A robot was scheduled to argue in court, then came the jail threats
- Ruby Princess cruise ship has left San Francisco after being damaged in dock crash
- 8 Simple Hacks to Prevent Chafing
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- 5 takeaways from the massive layoffs hitting Big Tech right now
- Lands Grabs and Other Destructive Environmental Practices in Cambodia Test the International Criminal Court
- Find 15 Gifts for the Reader in Your Life in This Book Lover Starter Pack
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- A recession might be coming. Here's what it could look like
Ranking
- Current, future North Carolina governor’s challenge of power
- As the Climate Crisis Grows, a Movement Gathers to Make ‘Ecocide’ an International Crime Against the Environment
- Craft beer pioneer Anchor Brewing to close after 127 years
- Suspect arrested in Cleveland shooting that wounded 9
- Why members of two of EPA's influential science advisory committees were let go
- The Biden EPA Withdraws a Key Permit for an Oil Refinery on St. Croix, Citing ‘Environmental Justice’ Concerns
- A 20-year-old soldier from Boston went missing in action during World War II. 8 decades later, his remains have been identified.
- An otter was caught stealing a surfboard in California. It was not the first time she's done it.
Recommendation
Could your smelly farts help science?
Could Migration Help Ease The World's Population Challenges?
Climate-Driven Changes in Clouds are Likely to Amplify Global Warming
Jennifer Lopez's Sizzling Shirtless Photo of Daddy Ben Affleck Will Have You on the Floor
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
For a Climate-Concerned President and a Hostile Senate, One Technology May Provide Common Ground
Mung bean omelet, anyone? Sky high egg prices crack open market for alternatives
Ginny & Georgia's Brianne Howey Gives Birth, Welcomes First Baby With Husband Matt Ziering