Current:Home > MyThese are the states with the highest and lowest tax burdens, a report says -Triumph Financial Guides
These are the states with the highest and lowest tax burdens, a report says
View
Date:2025-04-14 03:53:33
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! (4)
Related
- What to watch: O Jolie night
- There were 100 recalls of children's products last year — the most since 2013
- Turning Trash to Natural Gas: Utilities Fight for Their Future Amid Climate Change
- Long Concerned About Air Pollution, Baltimore Experienced Elevated Levels on 43 Days in 2020
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- In-N-Out to ban employees in 5 states from wearing masks
- These Top-Rated $25 Leggings Survived Workouts, the Washing Machine, and My Weight Fluctuations
- The truth is there's little the government can do about lies on cable
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- In Baltimore Schools, Cutting Food Waste as a Lesson in Climate Awareness and Environmental Literacy
Ranking
- Average rate on 30
- Ray J Calls Out “Fly Guys” Who Slid Into Wife Princess Love’s DMs During Their Breakup
- Tyson will close poultry plants in Virginia and Arkansas that employ more than 1,600
- For Emmett Till’s family, national monument proclamation cements his inclusion in the American story
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- 16 Michigan residents face felony charges for fake electors scheme after 2020 election
- Inside Clean Energy: Which State Will Be the First to Ban Natural Gas in New Buildings?
- Proposal before Maine lawmakers would jumpstart offshore wind projects
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
New Florida Legislation Will Help the State Brace for Rising Sea Levels, but Doesn’t Address Its Underlying Cause
Watchdogs Tackle the Murky World of Greenwash
Long Concerned About Air Pollution, Baltimore Experienced Elevated Levels on 43 Days in 2020
What do we know about the mysterious drones reported flying over New Jersey?
Bison severely injures woman in Theodore Roosevelt National Park in North Dakota
Yes, The Bachelorette's Charity Lawson Has a Sassy Side and She's Ready to Show It
CNN Producer David Bohrman Dead at 69