State Funds Data
- Est. 2023 State Funds Budget ($ Billions): $66.82
- Responsible Budget cap for 2024 state funds budget ($ Billions): $68.65
- Cost per person of budgeting more than pop+inf over the last decade in 2021 budget: $2,537.94
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2021 budget: $10,151.76
- Cumulative cost per person of budgeting more than pop+inf over the last decade (2012-21): $11,705.42
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade (2012-21): $46,821.70
Total Budget Data
- Est. 2023 Total Budget ($ Billions): $111.72
- Responsible Budget cap for 2024 total budget ($ Billions): $114.78
- Cost per person of budgeting more than pop+inf over the last decade in 2021 budget: $2,537.94
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2021 budget: $10,151.76
- Cumulative cost per person of budgeting more than pop+inf over the last decade (2012-21): $11,705.42
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade (2012-21): $46,821.70
Other Considerations
- State Tax Collections Per Capita (FY2021) ($): $3,824 [Tax Foundation]
- State Tax Collections Per Capita (FY2021) (Rank): 20 [Tax Foundation]
- State-Local Total Tax Burden per Capita (2022) ($): $6,723 [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (%): 10.60% [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (Rank): 28 [Tax Foundation]
- Top Income Tax Rate (2023) (%): 3.07% [Tax Foundation]
- Top Income Tax Rate (2023) (Rank): 12 [Tax Foundation]
- Flat or Progressive Income Tax (2023) (Flat/Progressive/Zero): F [Tax Foundation]
- Overall State Business Tax Climate Index (2023)(Rank): 33 [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (%): 8.99% [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (Rank): 5 [Tax Foundation]
- State-Local Sales Tax Rate (2023) (%): 6.34% [Tax Foundation]
- State-Local Sales Tax Rate (2023) (Rank): 34 [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (%): 1.49% [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (Rank): 11 [Tax Foundation]
- Supermajority requirement to raise taxes (Y/N): [ALEC]
- Tax and Expenditure Limit (0-3): 0 [ALEC]
- Tax and Expenditure Limit (Rank): 32 [ALEC]
- Right-to-Work Law (2022) (Y/N): N [American Legislative Exchange Council]
- State-Local Spending per Capita (2022) ($): $14,251 [US Government Spending]
- State-Local Spending per Capita (2022) (Rank): 37 [US Government Spending]
- Official Poverty Rate (2019-21)(%): 10.00% [Census Bureau]
- Official Poverty Rate (2019-21) (Rank): 24 [Census Bureau]
- Supplemental Poverty Rate (2019-21) (%): 11.90% [Census Bureau]
- Supplemental Poverty Rate (2019-21) (Rank): 48 [Census Bureau]
- Labor Force Participation Rate (Dec. 2022) (%): 61.70% [Bureau of Labor Statistics]
- Labor Force Participation Rate (Dec. 2022) (Rank): 29 [Bureau of Labor Statistics]