Arizona’s budget increased, cumulatively, more than pop+inf in state funds and all funds from 2013-22.



State Funds Budget Data
- Estimated 2023 State Funds Budget ($ Billions): $62.90
- Budget Limit ($ Billions): $65.90
- Budget Limit Growth ($ Billions): 4.78%
- Cost per person of budgeting more than pop+inf over the last decade in 2022 budget: $5,463.94
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2022 budget: $21,855.77
- Cumulative cost per person of budgeting more than pop+inf over the last decade: $20,262.23
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade: $81,048.92
State All Funds Budget Data
- Estimated 2023 All Funds Budget ($ Billions): $84.35
- Budget Limit ($ Billions): $88.38
- Budget Limit Growth ($ Billions): 4.78%
- Cost per person of budgeting more than pop+inf over the last decade in 2022 budget: $8,944.63
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2022 budget: $35,778.51
- Cumulative cost per person of budgeting more than pop+inf over the last decade: $31,779.92
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade: $127,119.68
Other Considerations
- Economic Freedom (2020) (Rank): 32 [Fraser Institute]
- State Tax Collections Per Capita (FY2021) ($): $2,861 [Tax Foundation]
- State Tax Collections Per Capita (FY2021) (Rank): 39 [Tax Foundation]
- State-Local Total Tax Burden per Capita (2022) ($): $5,156 [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (%): 9.50% [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (Rank): 15 [Tax Foundation]
- Top Income Tax Rate (2023) (%): 2.50% [Tax Foundation]
- Top Income Tax Rate (2023) (Rank): 10 [Tax Foundation]
- Flat or Progressive Income Tax (2023) (Flat/Progressive/Zero): F [Tax Foundation]
- Overall State Business Tax Climate Index (2023)(Rank): 19 [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (%): 4.90% [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (Rank): 37 [Tax Foundation]
- State-Local Sales Tax Rate (2023) (%): 8.37% [Tax Foundation]
- State-Local Sales Tax Rate (2023) (Rank): 11 [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (%): 0.63% [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (Rank): 40 [Tax Foundation]
- Tax and Expenditure Limit (0-3): 2 [American Legislative Exchange Council]
- Tax and Expenditure Limit (Rank): 3 [American Legislative Exchange Council]
- Right-to-Work Law (2022) (Y/N): Y [American Legislative Exchange Council]
- State-Local Spending per Capita (2022) ($): $10,797 [US Government Spending]
- State-Local Spending per Capita (2022) (Rank): 9 [US Government Spending]
- Official Poverty Rate (2020-22) (%): 12.1 [Census Bureau]
- Official Poverty Rate (2020-22) (Rank): 35 [Census Bureau]
- Supplemental Poverty Rate (2020-22) (%): 9.3 [Census Bureau]
- Supplemental Poverty Rate (2020-22) (Rank): 31 [Census Bureau]
- Labor Force Participation Rate (Dec. 2022) (%): 61.60% [Bureau of Labor Statistics]
- Labor Force Participation Rate (Dec. 2022) (Rank): 30 [Bureau of Labor Statistics]