State Funds Data
- Est. 2023 State Funds Budget ($ Billions): $37.12
- Responsible Budget cap for 2024 state funds budget ($ Billions): $38.93
- Cost per person of budgeting more than pop+inf over the last decade in 2021 budget: $1,533.11
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2021 budget: $6,132.44
- Cumulative cost per person of budgeting more than pop+inf over the last decade (2012-21): $5,924.92
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade (2012-21): $23,699.67
Total Budget Data
- Est. 2023 Total Budget ($ Billions): $53.98
- Responsible Budget cap for 2024 total budget ($ Billions): $56.60
- Cost per person of budgeting more than pop+inf over the last decade in 2021 budget: $1,533.11
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2021 budget: $6,132.44
- Cumulative cost per person of budgeting more than pop+inf over the last decade (2012-21): $5,924.92
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade (2012-21): $23,699.67
Other Considerations
- State Tax Collections Per Capita (FY2021) ($): $5,571 [Tax Foundation]
- State Tax Collections Per Capita (FY2021) (Rank): 5 [Tax Foundation]
- State-Local Total Tax Burden per Capita (2022) ($): $7,763 [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (%): 12.10% [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (Rank): 39 [Tax Foundation]
- Top Income Tax Rate (2023) (%): 9.85% [Tax Foundation]
- Top Income Tax Rate (2023) (Rank): 45 [Tax Foundation]
- Flat or Progressive Income Tax (2023) (Flat/Progressive/Zero): P [Tax Foundation]
- Overall State Business Tax Climate Index (2023)(Rank): 45 [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (%): 9.80% [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (Rank): 2 [Tax Foundation]
- State-Local Sales Tax Rate (2023) (%): 7.49% [Tax Foundation]
- State-Local Sales Tax Rate (2023) (Rank): 17 [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (%): 1.11% [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (Rank): 19 [Tax Foundation]
- Supermajority requirement to raise taxes (Y/N): [ALEC]
- Tax and Expenditure Limit (0-3): 0 [ALEC]
- Tax and Expenditure Limit (Rank): 32 [ALEC]
- Right-to-Work Law (2022) (Y/N): N [American Legislative Exchange Council]
- State-Local Spending per Capita (2022) ($): $14,988 [US Government Spending]
- State-Local Spending per Capita (2022) (Rank): 41 [US Government Spending]
- Official Poverty Rate (2019-21)(%): 7.00% [Census Bureau]
- Official Poverty Rate (2019-21) (Rank): 2 [Census Bureau]
- Supplemental Poverty Rate (2019-21) (%): 9.80% [Census Bureau]
- Supplemental Poverty Rate (2019-21) (Rank): 37 [Census Bureau]
- Labor Force Participation Rate (Dec. 2022) (%): 68.10% [Bureau of Labor Statistics]
- Labor Force Participation Rate (Dec. 2022) (Rank): 5 [Bureau of Labor Statistics]