State Funds Data
- Est. 2023 State Funds Budget ($ Billions): $61.79
- Responsible Budget cap for 2024 state funds budget ($ Billions): $64.91
- Cost per person of budgeting more than pop+inf over the last decade in 2021 budget: $1,459.85
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2021 budget: $5,839.40
- Cumulative cost per person of budgeting more than pop+inf over the last decade (2012-21): $8,479.49
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade (2012-21): $33,917.96
Total Budget Data
- Est. 2023 Total Budget ($ Billions): $100.00
- Responsible Budget cap for 2024 total budget ($ Billions): $105.06
- Cost per person of budgeting more than pop+inf over the last decade in 2021 budget: $1,459.85
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2021 budget: $5,839.40
- Cumulative cost per person of budgeting more than pop+inf over the last decade (2012-21): $8,479.49
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade (2012-21): $33,917.96
Other Considerations
- State Tax Collections Per Capita (FY2021) ($): $2,264 [Tax Foundation]
- State Tax Collections Per Capita (FY2021) (Rank): 48 [Tax Foundation]
- State-Local Total Tax Burden per Capita (2022) ($): $5,406 [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (%): 9.10% [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (Rank): 11 [Tax Foundation]
- Top Income Tax Rate (2023) (%): 0.00% [Tax Foundation]
- Top Income Tax Rate (2023) (Rank): 1 [Tax Foundation]
- Flat or Progressive Income Tax (2023) (Flat/Progressive/Zero): Z [Tax Foundation]
- Overall State Business Tax Climate Index (2023)(Rank): 4 [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (%): 5.50% [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (Rank): 32 [Tax Foundation]
- State-Local Sales Tax Rate (2023) (%): 7.02% [Tax Foundation]
- State-Local Sales Tax Rate (2023) (Rank): 23 [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (%): 0.91% [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (Rank): 26 [Tax Foundation]
- Supermajority requirement to raise taxes (Y/N): [ALEC]
- Tax and Expenditure Limit (0-3): 2 [ALEC]
- Tax and Expenditure Limit (Rank): 3 [ALEC]
- Right-to-Work Law (2022) (Y/N): Y [American Legislative Exchange Council]
- State-Local Spending per Capita (2022) ($): $10,228 [US Government Spending]
- State-Local Spending per Capita (2022) (Rank): 5 [US Government Spending]
- Official Poverty Rate (2019-21)(%): 12.50% [Census Bureau]
- Official Poverty Rate (2019-21) (Rank): 38 [Census Bureau]
- Supplemental Poverty Rate (2019-21) (%): 7.60% [Census Bureau]
- Supplemental Poverty Rate (2019-21) (Rank): 20 [Census Bureau]
- Labor Force Participation Rate (Dec. 2022) (%): 59.10% [Bureau of Labor Statistics]
- Labor Force Participation Rate (Dec. 2022) (Rank): 40 [Bureau of Labor Statistics]