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10 states with the lowest, highest tax rates

  • Writer: Rob Philion
    Rob Philion
  • Mar 6, 2024
  • 1 min read

Photo of dockside restaurant in Alaska

Alaska is the state with the lowest tax rate, while Illinois is the state with the highest, according to personal finance site WalletHub.

In a report released March 5, WalletHub determined the states with the highest and lowest tax rates. The site compared the 50 states and Washington, D.C., across four types of taxation: real estate tax, vehicle property tax, income tax, and sales and excise tax. Read more about the methodology here.

Here are the 10 states with the lowest tax rates:

1. Alaska

2. Delaware

3. Wyoming

4. Idaho

5. Montana

6. Colorado

7. Nevada

8. South Carolina

9. Florida

10. District of Columbia

Here are the 10 states with the highest tax rates:

1. Illinois

2. New York

3. Connecticut

4. New Jersey

5. Pennsylvania

6. Kansas

7. Iowa

8. Nebraska

9. Ohio

10. Texas


Article written and compiled by Riz Hatton for Becker's ASC Review.

 
 
 

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