State Funds Data
- Est. 2023 State Funds Budget ($ Billions): $18.78
- Responsible Budget cap for 2024 state funds budget ($ Billions): $19.34
- Cost per person of budgeting more than pop+inf over the last decade in 2021 budget: $258.19
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2021 budget: $1,032.76
- Cumulative cost per person of budgeting more than pop+inf over the last decade (2012-21): $2,823.55
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade (2012-21): $11,294.18
Total Budget Data
- Est. 2023 Total Budget ($ Billions): $31.77
- Responsible Budget cap for 2024 total budget ($ Billions): $32.72
- Cost per person of budgeting more than pop+inf over the last decade in 2021 budget: $258.19
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2021 budget: $1,032.76
- Cumulative cost per person of budgeting more than pop+inf over the last decade (2012-21): $2,823.55
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade (2012-21): $11,294.18
Other Considerations
- State Tax Collections Per Capita (FY2021) ($): $2,560 [Tax Foundation]
- State Tax Collections Per Capita (FY2021) (Rank): 44 [Tax Foundation]
- State-Local Total Tax Burden per Capita (2022) ($): $4,596 [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (%): 8.90% [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (Rank): 9 [Tax Foundation]
- Top Income Tax Rate (2023) (%): 6.50% [Tax Foundation]
- Top Income Tax Rate (2023) (Rank): 35 [Tax Foundation]
- Flat or Progressive Income Tax (2023) (Flat/Progressive/Zero): P [Tax Foundation]
- Overall State Business Tax Climate Index (2023)(Rank): 31 [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (%): 5.00% [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (Rank): 34 [Tax Foundation]
- State-Local Sales Tax Rate (2023) (%): 7.43% [Tax Foundation]
- State-Local Sales Tax Rate (2023) (Rank): 18 [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (%): 0.57% [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (Rank): 45 [Tax Foundation]
- Supermajority requirement to raise taxes (Y/N): [ALEC]
- Tax and Expenditure Limit (0-3): 1 [ALEC]
- Tax and Expenditure Limit (Rank): 15 [ALEC]
- Right-to-Work Law (2022) (Y/N): Y [American Legislative Exchange Council]
- State-Local Spending per Capita (2022) ($): $11,539 [US Government Spending]
- State-Local Spending per Capita (2022) (Rank): 15 [US Government Spending]
- Official Poverty Rate (2019-21)(%): 14.10% [Census Bureau]
- Official Poverty Rate (2019-21) (Rank): 43 [Census Bureau]
- Supplemental Poverty Rate (2019-21) (%): 10.40% [Census Bureau]
- Supplemental Poverty Rate (2019-21) (Rank): 43 [Census Bureau]
- Labor Force Participation Rate (Dec. 2022) (%): 55.80% [Bureau of Labor Statistics]
- Labor Force Participation Rate (Dec. 2022) (Rank): 48 [Bureau of Labor Statistics]