Top 16 States With The Lowest Tax Burdens In 2024
Each state in the U.S. sets its own income, property, and sales tax rates. The overall tax burden combines these rates, and it varies significantly from state to state. In this article, we’ll reveal America’s 16 least-taxed states. This is a combined tax rate that includes income, sales, and property tax.
Some states, like Texas and Florida, are well-known for having no state income tax, so their inclusion on this list won’t surprise many. However, states like New Hampshire might be unexpected. Whether you’re considering moving to a new state or just curious about the current tax landscape in America, stay tuned for a detailed list!
New Hampshire
New Hampshire has something for everyone, whether you’re exploring the scenic beauty of the White Mountains or the charming coastal towns dotted along the ocean. With a combined tax rate of 9.6%, residents can enjoy it all without breaking the bank.
Arizona
Arizona offers a mix of natural wonders and urban excitement, from the iconic landscapes of the Grand Canyon to the city of Phoenix. With a combined tax rate of 9.5%, residents can enjoy it all without feeling pinched at tax time.
Indiana
From the Indy 500 to the rolling hills of Southern Indiana, the Hoosier State offers both urban thrills and serene beauty. The state has a combined tax rate of 9.3%.
Missouri
Missouri is home to the iconic Gateway Arch in St. Louis and the gorgeous Ozark mountains. The state has a combined tax rate of 9.3%.
Florida
Florida is known for its sunny beaches, warm weather, and world-class attractions. With a combined tax rate of 9.1%, residents can enjoy the Sunshine State without feeling burdened by high taxes.
Louisiana
Louisiana is a state rich in culture and history, from the uppity streets of New Orleans to the serene bayous of the Cajun Country. It has a combined tax rate of 9.1%.
Oklahoma
Oklahoma has some unusual natural features, like the Wichita Mountains and Little Sahara. With a tax rate of 9%, residents can enjoy these without feeling pinched at tax time.
Georgia
Georgia offers a wide variety of things, from the city of Atlanta to the scenic beauty of the Blue Ridge Mountains or the shores of the Atlantic Ocean. The state has a combined tax rate of 8.9%, so residents can enjoy it all without feeling financially burdened.
South Carolina
With its historic cities and charming coastal towns, South Carolina offers a mix of Southern hospitality and natural beauty. It has a combined tax rate of 8.9%.
North Dakota
From the rolling plains of the prairie to the rugged beauty of Theodore Roosevelt National Park, North Dakota is a state of contrasts. The state has a combined tax rate of 8.8% so residents can enjoy it all without feeling taxed to the limit.
Michigan
Michigan is home to the beautiful city of Detroit and the scenic shores of the Great Lakes. With a tax rate of 8.6%, residents can enjoy it all without feeling financially strained.
Texas
Texas is the biggest continental state, and it’s got it all. From the booming cities of Houston and Dallas to the Hill Country to beaches along the Gulf Of Mexico. Texas is big, but the tax bills aren’t; with a tax rate of 8.6%, residents can enjoy that Texas-sized lifestyle without paying out the wazoo.
South Dakota
South Dakota is best known for Mount Rushmore, but the rolling hills of the Badlands are a treasure. With a tax rate of 8.4%, residents can enjoy it all without feeling pinched at tax time.
Tennessee
Tennessee has something for everyone, from exploring Nashville’s music scene to the scenic beauty of the Great Smoky Mountains. With a tax rate of 7.6%, it’s easy to see why so many people are singing praises to Rocky Top.
Wyoming
Wyoming has a combined tax rate of 7.5%. Therefore, residents can keep more of their hard-earned money while enjoying the wide-open spaces of the prairie and the majestic peaks of the Tetons.
Alaska
Alaska is known as the Last Frontier for its vast wilderness and unique wildlife. Residents can enjoy the Last Frontier without breaking the bank, thanks to its mere 4.6% tax rate, the lowest out of all 50 states.
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