Ohio’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): $54.27
- Budget Limit ($ Billions): $56.78
- Budget Limit Growth ($ Billions): 4.63%
- Cost per person of budgeting more than pop+inf over the last decade in 2022 budget: ($93.98)
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2022 budget: ($376)
- Cumulative cost per person of budgeting more than pop+inf over the last decade: $1,007.80
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade: $4,031.18
State All Funds Budget Data
- Estimated 2023 All Funds Budget ($ Billions): $94.22
- Budget Limit ($ Billions): $98.58
- Budget Limit Growth ($ Billions): 4.63%
- Cost per person of budgeting more than pop+inf over the last decade in 2022 budget: $4,415.25
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2022 budget: $17,661.00
- Cumulative cost per person of budgeting more than pop+inf over the last decade: $16,018.31
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade: $64,073.26
Other Considerations
- Economic Freedom (2020) (Rank): 35 [Fraser Institute]
- State Tax Collections Per Capita (FY2021) ($): $2,963 [Tax Foundation]
- State Tax Collections Per Capita (FY2021) (Rank): 37 [Tax Foundation]
- State-Local Total Tax Burden per Capita (2022) ($): $5,530 [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (%): 10.00% [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (Rank): 24 [Tax Foundation]
- Top Income Tax Rate (2023) (%): 3.99% [Tax Foundation]
- Top Income Tax Rate (2023) (Rank): 14 [Tax Foundation]
- Flat or Progressive Income Tax (2023) (Flat/Progressive/Zero): P [Tax Foundation]
- Overall State Business Tax Climate Index (2023)(Rank): 37 [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (%): 0.00% [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (Rank): 50 [Tax Foundation]
- State-Local Sales Tax Rate (2023) (%): 7.24% [Tax Foundation]
- State-Local Sales Tax Rate (2023) (Rank): 20 [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (%): 1.59% [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (Rank): 9 [Tax Foundation]
- Tax and Expenditure Limit (0-3): 1 [American Legislative Exchange Council]
- Tax and Expenditure Limit (Rank): 15 [American Legislative Exchange Council]
- Right-to-Work Law (2022) (Y/N): N [American Legislative Exchange Council]
- State-Local Spending per Capita (2022) ($): $13,572 [US Government Spending]
- State-Local Spending per Capita (2022) (Rank): 31 [US Government Spending]
- Official Poverty Rate (2020-22) (%): 11.5 [Census Bureau]
- Official Poverty Rate (2020-22) (Rank): 33 [Census Bureau]
- Supplemental Poverty Rate (2020-22) (%): 7.3 [Census Bureau]
- Supplemental Poverty Rate (2020-22) (Rank): 15 [Census Bureau]
- Labor Force Participation Rate (Dec. 2022) (%): 61.20% [Bureau of Labor Statistics]
- Labor Force Participation Rate (Dec. 2022) (Rank): 32 [Bureau of Labor Statistics]