15 states with better taxation for the middle class

Even if you earn good money and can confidently identify yourself as middle-class, income taxes in states and cities that you have to pay can end up leaving you with less money in your pocket than you would like.

Фото: Depositphotos

Edition GO Banking Rates conducted a study that identified the most favorable tax states for the middle class. The study analyzed the share of income taxes paid by 20% of 30 residents of different states, whose incomes can be attributed to the middle class in this region.

15. South Dakota

• The overall rate of state and local taxes that pay 20% middle class residents: 8,9%
• Individual income tax rate paid by 20% of middle-class residents: 0
• Real estate tax rate that is paid by 20% of middle-income residents of the region: 2,5%
• The rate of sales tax and excise taxes paid by 20% of average regional residents: 6,3%

14. West Virginia

• The overall rate of state and local taxes that pay 20% middle class residents: 8,5%
• The rate of personal income tax paid by 20% of middle-class residents: 2,5%
• Real estate tax rate that is paid by 20% of middle-income residents of the region: 1,4%
• The rate of sales tax and excise taxes paid by 20% of average regional residents: 4,6%

13. Utah

• The overall rate of state and local taxes that pay 20% middle class residents: 8,2%
• The rate of personal income tax paid by 20% of middle-class residents: 2,8%
• Real estate tax rate that is paid by 20% of middle-income residents of the region: 1,7%
• The rate of sales tax and excise taxes paid by 20% of average regional residents: 3,6%

12. New Hampshire

• The overall rate of state and local taxes that pay 20% middle class residents: 8,1%
• Individual income tax rate paid by 20% of middle-class residents: 0
• Real estate tax rate that is paid by 20% of middle-income residents of the region: 6,3%
• The rate of sales tax and excise taxes paid by 20% of average regional residents: 1,3%

11. California

• The overall rate of state and local taxes that pay 20% middle class residents: 8,3%
• The rate of personal income tax paid by 20% of middle-class residents: 1,2%
• Real estate tax rate that is paid by 20% of middle-income residents of the region: 2,5%
• The rate of sales tax and excise taxes paid by 20% of average regional residents: 4,6%

10. North Dakota

• The overall rate of state and local taxes that pay 20% middle class residents: 8,5%
• The rate of personal income tax paid by 20% of middle-class residents: 0,7%
• Real estate tax rate that is paid by 20% of middle-income residents of the region: 1,8%
• The rate of sales tax and excise taxes paid by 20% of average regional residents: 5,9%

9. South Carolina

• The overall rate of state and local taxes that pay 20% middle class residents: 8,1%
• The rate of personal income tax paid by 20% of middle-class residents: 1,7%
• Real estate tax rate that is paid by 20% of middle-income residents of the region: 2,3%
• The rate of sales tax and excise taxes paid by 20% of average regional residents: 4,1%

8. Idaho

• The overall rate of state and local taxes that pay 20% middle class residents: 8,1%
• The rate of personal income tax paid by 20% of middle-class residents: 1,5%
• Real estate tax rate that is paid by 20% of middle-income residents of the region: 2,1%
• The rate of sales tax and excise taxes paid by 20% of average regional residents: 4,4%

7. Tennessee

• The overall rate of state and local taxes that pay 20% middle class residents: 8,5%
• Individual income tax rate paid by 20% of middle-class residents: 0
• Real estate tax rate that is paid by 20% of middle-income residents of the region: 1,7%
• The rate of sales tax and excise taxes paid by 20% of average regional residents: 6,7%

6. Florida

• The overall rate of state and local taxes that pay 20% middle class residents: 8,1%
• Individual income tax rate paid by 20% of middle-class residents: 0
• Real estate tax rate that is paid by 20% of middle-income residents of the region: 2,3%
• The rate of sales tax and excise taxes paid by 20% of average regional residents: 5,8%

5. Montana

• The overall rate of state and local taxes that pay 20% middle class residents: 7,1%
• The rate of personal income tax paid by 20% of middle-class residents: 2,8%
• Real estate tax rate that is paid by 20% of middle-income residents of the region: 3%
• The rate of sales tax and excise taxes paid by 20% of average regional residents: 1,2%

4. Wyoming

• The overall rate of state and local taxes that pay 20% middle class residents: 7,5%
• Individual income tax rate paid by 20% of middle-class residents: 0
• Real estate tax rate that is paid by 20% of middle-income residents of the region: 2,6%
• The rate of sales tax and excise taxes paid by 20% of average regional residents: 4,9%

3. Nevada

• The overall rate of state and local taxes that pay 20% middle class residents: 7,6%
• Individual income tax rate paid by 20% of middle-class residents: 0
• Real estate tax rate that is paid by 20% of middle-income residents of the region: 2,1%
• The rate of sales tax and excise taxes paid by 20% of average regional residents: 4,5%

2. Delaware

• The overall rate of state and local taxes that pay 20% middle class residents: 5,6%
• The rate of personal income tax paid by 20% of middle-class residents: 3,4%
• Real estate tax rate that is paid by 20% of middle-income residents of the region: 1,4%
• The rate of sales tax and excise taxes paid by 20% of average regional residents: 1,4%

1. Alaska

• The overall rate of state and local taxes that pay 20% middle class residents: 4,3%
• Individual income tax rate paid by 20% of middle-class residents: 0
• Real estate tax rate that is paid by 20% of middle-income residents of the region: 2,7%
• The rate of sales tax and excise taxes paid by 20% of average regional residents: 1,6%

Read also on ForumDaily:

9 ways to get free help filling out a tax return

States whose residents pay the highest sales taxes per capita

5 common mistakes with an early tax return

9 important tax nuances that married couples should know

Do you want more important and interesting news about life in the USA and immigration to America? — support us donate! Also subscribe to our page Facebook. Select the “Priority in display” option and read us first. Also, don't forget to subscribe to our РєР ° РЅР ° Р »РІ Telegram  and Instagram- there is a lot of interesting things there. And join thousands of readers ForumDaily New York — there you will find a lot of interesting and positive information about life in the metropolis.