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The following list includes the annual nominal gross domestic product for each of the 50 U.S. states and the national capital of Washington, D.C. and the GDP change and GDP per capita as of 2024. [1] [3] The total for the United States in this table excludes U.S. territories. The raw GDP data below is measured in millions of U.S. Dollars.
This is a list of U.S. states and territories by economic growth rate.This article includes a list of the 50 U.S. states, the District of Columbia, and the 5 inhabited U.S. territories sorted by economic growth — the percentage change in real GDP for the third quarter of 2023 is listed (for the 50 states and District of Columbia), using the most recent data available from the U.S. Bureau of ...
Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly.
According to a March 2023 WalletHub study, tax burden measures the proportion of total personal income residents pay toward state and local taxes. (Tax... 10 States With the Highest Tax Burdens
Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. [2] Tax revenue refers to ...
1. California Top individual income tax rate: 13.30%Combined state and average local sales tax: 8.68%Average property tax: 0.70%When it comes to taxes, California is king. With a top income tax ...
When people think about their taxes, they often focus on how much money they send to Washington, but your state and local tax burden is a big piece of the puzzle -- as of 2010, those taxes soaked ...
California in 2010, when measured as a percentage of GDP, had the 4th highest tax burden of all the fifty states at 13.4% of the state GDP. [53] The maximum 13.34% state personal income tax rate is the highest in the nation, but only applies to incomes over $1 million. [53]