Nevada’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): $13.01
- Budget Limit ($ Billions): $13.71
- Budget Limit Growth ($ Billions): 5.39%
- Cost per person of budgeting more than pop+inf over the last decade in 2022 budget: $1,482.50
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2022 budget: $5,930
- Cumulative cost per person of budgeting more than pop+inf over the last decade: $7,847.85
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade: $31,391.41
State All Funds Budget Data
- Estimated 2023 All Funds Budget ($ Billions): $20.48
- Budget Limit ($ Billions): $21.58
- Budget Limit Growth ($ Billions): 5.39%
- Cost per person of budgeting more than pop+inf over the last decade in 2022 budget: $1,605.49
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2022 budget: $6,421.95
- Cumulative cost per person of budgeting more than pop+inf over the last decade: $7,607.72
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade: $30,430.89
Other Considerations
- Economic Freedom (2020) (Rank): 25 [Fraser Institute]
- State Tax Collections Per Capita (FY2021) ($): $3,313 [Tax Foundation]
- State Tax Collections Per Capita (FY2021) (Rank): 31 [Tax Foundation]
- State-Local Total Tax Burden per Capita (2022) ($): $5,554 [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (%): 9.60% [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (Rank): 18 [Tax Foundation]
- Top Income Tax Rate (2023) (%): 0.00% [Tax Foundation]
- Top Income Tax Rate (2023) (Rank): 11 [Tax Foundation]
- Flat or Progressive Income Tax (2023) (Flat/Progressive/Zero): Z [Tax Foundation]
- Overall State Business Tax Climate Index (2023)(Rank): 7 [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (%): 0.00% [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (Rank): 50 [Tax Foundation]
- State-Local Sales Tax Rate (2023) (%): 8.23% [Tax Foundation]
- State-Local Sales Tax Rate (2023) (Rank): 13 [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (%): 0.59% [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (Rank): 42 [Tax Foundation]
- Tax and Expenditure Limit (0-3): 2 [American Legislative Exchange Council]
- Tax and Expenditure Limit (Rank): 3 [American Legislative Exchange Council]
- Right-to-Work Law (2022) (Y/N): Y [American Legislative Exchange Council]
- State-Local Spending per Capita (2022) ($): $11,668 [US Government Spending]
- State-Local Spending per Capita (2022) (Rank): 16 [US Government Spending]
- Official Poverty Rate (2020-22) (%): 12.6 [Census Bureau]
- Official Poverty Rate (2020-22) (Rank): 37 [Census Bureau]
- Supplemental Poverty Rate (2020-22) (%): 10.5 [Census Bureau]
- Supplemental Poverty Rate (2020-22) (Rank): 41 [Census Bureau]
- Labor Force Participation Rate (Dec. 2022) (%): 61.50% [Bureau of Labor Statistics]
- Labor Force Participation Rate (Dec. 2022) (Rank): 31 [Bureau of Labor Statistics]