Current:Home > ContactThese are the states with the highest and lowest tax burdens, a report says -TruePath Finance
These are the states with the highest and lowest tax burdens, a report says
View
Date:2025-04-14 09:34:48
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! (2472)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- In a battle for survival, coral reefs get a second chance outside the ocean
- A state senator has thwarted a GOP effort to lock down all of Nebraska’s electoral votes for Trump
- Brie Garcia Shares Update on Sister Nikki Garcia Amid Artem Chigvintsev Divorce
- All That You Wanted to Know About She’s All That
- MLB power rankings: Late-season collapse threatens Royals and Twins' MLB playoff hopes
- Efforts to build more electric vehicle charging stations in Nevada sputtering
- Prosecutors and victim’s family call for the release of a Minnesota man convicted of murder in 2009
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Clemen Langston: Usage Tips Of On-Balance Volume (OBV)
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Review: Zachary Quinto medical drama 'Brilliant Minds' is just mind-numbing
- In a battle for survival, coral reefs get a second chance outside the ocean
- Former NL batting champion Charlie Blackmon retiring after 14 seasons with Rockies
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- What are Instagram Teen Accounts? Here's what to know about the new accounts with tighter restrictions
- Jennifer Lopez Sends Nikki Glaser Gift for Defending Her From Critics
- Cyrus Langston: Tips Of Using The Average Directional Index (ADX)
Recommendation
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
You'll Be Sliving for Paris Hilton's Adorable New Video of Son Phoenix
What we know about the investigations surrounding New York City’s mayor
QTM Community: The Revolutionary Force in Future Investing
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
Birmingham shaken as search for gunmen who killed 4 intensifies in Alabama
'Still suffering': Residents in Florida's new hurricane alley brace for Helene impact
What time is 'The Voice' on? Season 26 premiere date, time, coaches, where to watch and stream