Current:Home > NewsThese are the states with the highest and lowest tax burdens, a report says -EverVision Finance
These are the states with the highest and lowest tax burdens, a report says
View
Date:2025-04-15 00:58:08
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! (477)
Related
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- From COVID to mpox to polio: Our 9 most-read 'viral' stories in 2022
- After record election year, some LGBTQ lawmakers face a new challenge: GOP majorities
- Thousands of Jobs Riding on Extension of Clean Energy Cash Grant Program
- Military service academies see drop in reported sexual assaults after alarming surge
- States differ on how best to spend $26B from settlement in opioid cases
- 5 strategies to help you cope with a nagging feeling of dread
- Today’s Climate: August 30, 2010
- Meet first time Grammy nominee Charley Crockett
- Colorado Fracking Study Blames Faulty Wells for Water Contamination
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Chile Cancels Plan to Host UN Climate Summit Amid Civil Unrest at Home
- Shoppers Praise This Tatcha Eye Cream for Botox-Level Results: Don’t Miss This 48% Off Deal
- After record election year, some LGBTQ lawmakers face a new challenge: GOP majorities
- The Daily Money: Spending more on holiday travel?
- Brittney Griner allegedly harassed at Dallas airport by social media figure and provocateur, WNBA says
- 5 strategies to help you cope with a nagging feeling of dread
- ‘This Was Preventable’: Football Heat Deaths and the Rising Temperature
Recommendation
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Today’s Climate: August 19, 2010
General Hospital Actress Jacklyn Zeman Dead at 70
Georgia's highest court reinstates ban on abortions after 6 weeks
Sonya Massey's father decries possible release of former deputy charged with her death
Kim Zolciak Spotted Without Wedding Ring Amid Kroy Biermann Divorce
See pictures from Trump indictment that allegedly show boxes of classified documents in Mar-a-Lago bathroom, ballroom
Hidden audits reveal millions in overcharges by Medicare Advantage plans