Current:Home > FinanceThese are the states with the highest and lowest tax burdens, a report says -Quantum Capital Pro
These are the states with the highest and lowest tax burdens, a report says
View
Date:2025-04-12 21:53:21
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! (144)
Related
- A South Texas lawmaker’s 15
- Dan Lanning all but confirms key Oregon penalty vs. Ohio State was intentional
- Sofia Richie was 'terrified' during pregnancy complications from welcoming daughter
- Sean Diddy Combs Accused of Raping Woman Over Suggestion He Was Involved in Tupac Shakur's Murder
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Breanna Stewart condemns 'homophobic death threats' sent to wife after WNBA Finals loss
- Maui wildfire survivors will get an additional year of housing help from FEMA
- Arizona counties won’t be forced to do citizenship checks before the election, a judge rules
- This was the average Social Security benefit in 2004, and here's what it is now
- The son of a South Carolina inmate urges the governor to save his father from execution
Ranking
- Former longtime South Carolina congressman John Spratt dies at 82
- Hundreds of troops kicked out under ‘don’t ask, don’t tell’ get upgraded to honorable discharges
- Los Angeles Archdiocese agrees to pay $880 million to settle sexual abuse claims
- Abortion isn’t on the ballot in California, but state candidates can’t stop talking about it
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Many schools are still closed weeks after Hurricane Helene. Teachers worry about long-term impact
- Off-duty Detroit officer fatally shot after wounding 2 fellow officers, chief says
- Concerns for Ryan Day, Georgia and Alabama entering Week 7. College Football Fix discusses
Recommendation
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Feds: Cyber masterminds targeted FBI, CNN, Hulu, Netflix, Microsoft, X in global plot
After hurricanes, the business of rebuilding lives means navigating the insurance claims process
Feds: Cyber masterminds targeted FBI, CNN, Hulu, Netflix, Microsoft, X in global plot
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
Maui wildfire survivors will get an additional year of housing help from FEMA
Dunkin' Munchkins Bucket and Halloween menu available this week: Here's what to know
Mexico vs. USMNT live updates, highlights: Cesar Huerta, Raul Jimenez have El Tri in lead