State Funds Data
- Est. 2023 State Funds Budget ($ Billions): $26.28
- Responsible Budget cap for 2024 state funds budget ($ Billions): $27.54
- Cost per person of budgeting more than pop+inf over the last decade in 2021 budget: $870.35
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2021 budget: $3,481.41
- Cumulative cost per person of budgeting more than pop+inf over the last decade (2012-21): $2,493.45
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade (2012-21): $9,973.82
Total Budget Data
- Est. 2023 Total Budget ($ Billions): $48.18
- Responsible Budget cap for 2024 total budget ($ Billions): $50.49
- Cost per person of budgeting more than pop+inf over the last decade in 2021 budget: $870.35
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2021 budget: $3,481.41
- Cumulative cost per person of budgeting more than pop+inf over the last decade (2012-21): $2,493.45
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade (2012-21): $9,973.82
Other Considerations
- State Tax Collections Per Capita (FY2021) ($): $3,915 [Tax Foundation]
- State Tax Collections Per Capita (FY2021) (Rank): 18 [Tax Foundation]
- State-Local Total Tax Burden per Capita (2022) ($): $5,030 [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (%): 9.30% [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (Rank): 14 [Tax Foundation]
- Top Income Tax Rate (2023) (%): 3.15% [Tax Foundation]
- Top Income Tax Rate (2023) (Rank): 13 [Tax Foundation]
- Flat or Progressive Income Tax (2023) (Flat/Progressive/Zero): F [Tax Foundation]
- Overall State Business Tax Climate Index (2023)(Rank): 9 [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (%): 4.90% [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (Rank): 37 [Tax Foundation]
- State-Local Sales Tax Rate (2023) (%): 7.00% [Tax Foundation]
- State-Local Sales Tax Rate (2023) (Rank): 24 [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (%): 0.84% [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (Rank): 30 [Tax Foundation]
- Supermajority requirement to raise taxes (Y/N): [ALEC]
- Tax and Expenditure Limit (0-3): 1 [ALEC]
- Tax and Expenditure Limit (Rank): 15 [ALEC]
- Right-to-Work Law (2022) (Y/N): Y [American Legislative Exchange Council]
- State-Local Spending per Capita (2022) ($): $11,347 [US Government Spending]
- State-Local Spending per Capita (2022) (Rank): 13 [US Government Spending]
- Official Poverty Rate (2019-21)(%): 10.90% [Census Bureau]
- Official Poverty Rate (2019-21) (Rank): 29 [Census Bureau]
- Supplemental Poverty Rate (2019-21) (%): 5.50% [Census Bureau]
- Supplemental Poverty Rate (2019-21) (Rank): 4 [Census Bureau]
- Labor Force Participation Rate (Dec. 2022) (%): 63.40% [Bureau of Labor Statistics]
- Labor Force Participation Rate (Dec. 2022) (Rank): 20 [Bureau of Labor Statistics]