Current:Home > InvestThese are the states with the highest and lowest tax burdens, a report says -NextWave Wealth Hub
These are the states with the highest and lowest tax burdens, a report says
View
Date:2025-04-25 23:53:24
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! (98)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Ariana DeBose reacts to Bella Ramsey's Critics Choice Awards dig: 'I didn’t find it funny'
- Ahead of the Iowa caucuses, Republican candidates tap voters' economic frustrations
- Check In to Check Out the Ultimate White Lotus Gift Guide
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Daniel Radcliffe Sparks Marriage Rumors With Erin Darke at 2023 Emmys
- Another day of frigid wind chills and brutal cold across much of the U.S.
- A blast at a tire and explosives factory in Serbia kills 1 person and injures 4
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Tokyo Governor Koike asked to stop $2.45 billion plan to remake park, famous baseball stadium
Ranking
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Dominican Republic to launch pilot program offering a 4-day workweek to public and private workers
- Better Call Saul Just Broke an Emmys Record—But It's Not One to Celebrate
- 'I'm not safe here': Schools ignore federal rules on restraint and seclusion
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Pregnant Suki Waterhouse, Selena Gomez and More Best Dressed Stars at the 2023 Emmys
- Beyonce? Ariana Grande? Taylor Swift? Which female artists have the biggest potty mouths?
- MLK Jr. holiday celebrations include acts of service and parades, but some take a political turn
Recommendation
The White House is cracking down on overdraft fees
Vice president Kamala Harris visits South Carolina women's basketball, gets game ball
Brenda Song Sends Sweet Message to Macaulay Culkin's Brother Kieran Culkin After His Emmys Win
'It's trash': Dolphins cope with owning NFL's longest playoff win drought after Lions' victory
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
Maine storms wash away iconic fishing shacks, expose long-buried 1911 shipwreck on beach
The biggest moments of the 2024 Emmy Awards, from Christina Applegate to Kieran Culkin
Eva Mendes Proves Why Ryan Gosling Is Far From Being Just Ken