Current:Home > ScamsThese are the states with the highest and lowest tax burdens, a report says -WealthSphere Pro
These are the states with the highest and lowest tax burdens, a report says
View
Date:2025-04-16 16:29:17
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! (188)
Related
- 2025 'Doomsday Clock': This is how close we are to self
- Olivia Newton-John's Daughter Chloe Details Neglecting Health Issues Following Her Mom's Death
- The initial online search spurring a raid on a Kansas paper was legal, a state agency says
- NFL preseason game suspended after New England Patriots corner stretchered off
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Teva to pay $225M to settle cholesterol drug price-fixing charges
- Suspect who killed store owner had ripped down Pride flag and shouted homophobic slurs, sheriff says
- NPR's podcast and programming chief Anya Grundmann to leave after 30 years
- North Carolina justices rule for restaurants in COVID
- 'Struggler' is Genesis Owusu's bold follow-up to his hit debut album
Ranking
- The Grammy nominee you need to hear: Esperanza Spalding
- Oliver Anthony's 'Rich Men North of Richmond' speaks to how Americans feel. Don't dismiss it.
- Tenor Freddie de Tommaso, a young British sensation, makes US opera debut
- SpaceX launch livestream: Watch 21 Starlink satellites lift off from California
- Intel's stock did something it hasn't done since 2022
- Horoscopes Today, August 21, 2023
- SpaceX launch livestream: Watch 21 Starlink satellites lift off from California
- Virginia man wins largest online instant lottery game in US history
Recommendation
B.A. Parker is learning the banjo
'Big Brother,' 'Below Deck' show reality TV improves by handling scandals publicly
Canadian firefighters make progress battling some blazes but others push thousands from their homes
After second tournament title this summer, Coco Gauff could be the US Open favorite
Former Syrian official arrested in California who oversaw prison charged with torture
Preliminary magnitude 5.1 quake shakes Southern California amid Hilary threat
Japan to start releasing Fukushima plant’s treated radioactive water to sea as early as Thursday
Mother recounts desperate effort to save son killed in Maui fires before 15th birthday: Threw myself on the floor