State Funds Data
- Est. 2023 State Funds Budget ($ Billions): $22.40
- Responsible Budget cap for 2024 state funds budget ($ Billions): $23.04
- Cost per person of budgeting more than pop+inf over the last decade in 2021 budget: $2,840.93
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2021 budget: $11,363.71
- Cumulative cost per person of budgeting more than pop+inf over the last decade (2012-21): $13,036.18
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade (2012-21): $52,144.73
Total Budget Data
- Est. 2023 Total Budget ($ Billions): $64.20
- Responsible Budget cap for 2024 total budget ($ Billions): $66.02
- Cost per person of budgeting more than pop+inf over the last decade in 2021 budget: $2,840.93
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2021 budget: $11,363.71
- Cumulative cost per person of budgeting more than pop+inf over the last decade (2012-21): $13,036.18
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade (2012-21): $52,144.73
Other Considerations
- State Tax Collections Per Capita (FY2021) ($): $4,192 [Tax Foundation]
- State Tax Collections Per Capita (FY2021) (Rank): 13 [Tax Foundation]
- State-Local Total Tax Burden per Capita (2022) ($): $6,572 [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (%): 10.80% [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (Rank): 31 [Tax Foundation]
- Top Income Tax Rate (2023) (%): 9.90% [Tax Foundation]
- Top Income Tax Rate (2023) (Rank): 46 [Tax Foundation]
- Flat or Progressive Income Tax (2023) (Flat/Progressive/Zero): P [Tax Foundation]
- Overall State Business Tax Climate Index (2023)(Rank): 24 [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (%): 7.60% [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (Rank): 14 [Tax Foundation]
- State-Local Sales Tax Rate (2023) (%): 0% [Tax Foundation]
- State-Local Sales Tax Rate (2023) (Rank): 47 [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (%): 0.93% [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (Rank): 24 [Tax Foundation]
- Supermajority requirement to raise taxes (Y/N): [ALEC]
- Tax and Expenditure Limit (0-3): 2 [ALEC]
- Tax and Expenditure Limit (Rank): 3 [ALEC]
- Right-to-Work Law (2022) (Y/N): N [American Legislative Exchange Council]
- State-Local Spending per Capita (2022) ($): $17,503 [US Government Spending]
- State-Local Spending per Capita (2022) (Rank): 46 [US Government Spending]
- Official Poverty Rate (2019-21)(%): 9.00% [Census Bureau]
- Official Poverty Rate (2019-21) (Rank): 15 [Census Bureau]
- Supplemental Poverty Rate (2019-21) (%): 6.00% [Census Bureau]
- Supplemental Poverty Rate (2019-21) (Rank): 6 [Census Bureau]
- Labor Force Participation Rate (Dec. 2022) (%): 62.90% [Bureau of Labor Statistics]
- Labor Force Participation Rate (Dec. 2022) (Rank): 23 [Bureau of Labor Statistics]