Current:Home > InvestThese are the states with the highest and lowest tax burdens, a report says -WealthMindset
These are the states with the highest and lowest tax burdens, a report says
View
Date:2025-04-13 17:36:59
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! (25)
Related
- 'We're reborn!' Gazans express joy at returning home to north
- Driver charged after car jumps curb in NYC, killing pedestrian and injuring 4 others
- The VA says it will provide abortions in some cases even in states where it's banned
- With Pipeline Stopped, Fight Ramps Up Against ‘Keystone of the Great Lakes’
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Woman facing charges for allegedly leaving kids in car that caught fire while she was shoplifting
- Resolution Opposing All New Fossil Fuel Infrastructure Passes in Portland
- With early Alzheimer's in the family, these sisters decided to test for the gene
- 2025 'Doomsday Clock': This is how close we are to self
- 3 Republican Former EPA Heads Rebuke Trump EPA on Climate Policy & Science
Ranking
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Today’s Climate: May 26, 2010
- Portland police deny online rumors linking six deaths to serial killer
- Cardi B and Offset's Kids Kulture and Wave Look So Grown Up in New Family Video
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Whatever happened to the caring Ukrainian neurologist who didn't let war stop her
- Long COVID and the labor market
- Actors guild authorizes strike with contract set to expire at end of month
Recommendation
Trump invites nearly all federal workers to quit now, get paid through September
Don't Miss This Kylie Cosmetics Flash Deal: Buy 1 Lip Kit, Get 1 Free
Obama Rejects Keystone XL on Climate Grounds, ‘Right Here, Right Now’
Today’s Climate: May 24, 2010
Sonya Massey's father decries possible release of former deputy charged with her death
Poliovirus detected in more wastewater near New York City
Selling Sunset Turns Up the Heat With New Competition in Explosive Season 6 Trailer
Today’s Climate: May 31, 2010