Current:Home > ScamsThese are the states with the highest and lowest tax burdens, a report says -WealthMap Solutions
These are the states with the highest and lowest tax burdens, a report says
View
Date:2025-04-17 02:50:24
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! (4)
Related
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- 'Wanted' posters plastered around University of Rochester target Jewish faculty members
- Louisiana man kills himself and his 1-year-old daughter after a pursuit
- What Republicans are saying about Matt Gaetz’s nomination for attorney general
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Judge weighs the merits of a lawsuit alleging ‘Real Housewives’ creators abused a cast member
- Golden Bachelorette: Joan Vassos Gets Engaged During Season Finale
- More human remains from Philadelphia’s 1985 MOVE bombing have been found at a museum
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Falling scaffolding plank narrowly misses pedestrians at Boston’s South Station
Ranking
- Travis Hunter, the 2
- Georgia House Democrats shift toward new leaders after limited election gains
- Dogecoin soars after Trump's Elon Musk announcement: What to know about the cryptocurrency
- Hurricane-stricken Tampa Bay Rays to play 2025 season at Yankees’ spring training field in Tampa
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- 'Dangerous and unsanitary' conditions at Georgia jail violate Constitution, feds say
- The Best Gifts for Men – That He Won’t Want to Return
- More than 150 pronghorns hit, killed on Colorado roads as animals sought shelter from snow
Recommendation
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
Stop What You're Doing—Moo Deng Just Dropped Her First Single
New Orleans marks with parade the 64th anniversary of 4 little girls integrating city schools
RHOBH's Erika Jayne Reveals Which Team She's on Amid Kyle Richards, Dorit Kemsley Feud
The White House is cracking down on overdraft fees
Dramatic video shows Phoenix police rescue, pull man from car submerged in pool: Watch
Craig Melvin replacing Hoda Kotb as 'Today' show co-anchor with Savannah Guthrie
Wisconsin agency issues first round of permits for Enbridge Line 5 reroute around reservation