| New
Jersey Ranks Fourth in the Nation in State and Local Property
Taxes as a Share of Personal Income, 2003
Source: Small Business Survival Committee
| Rank |
State |
Tax
Rate |
|
Rank |
State |
Tax
Rate |
| |
|
|
|
|
|
|
| 1 |
New Hampshire |
4.91 |
|
26 |
Oregon |
2.92 |
| 2 |
Maine |
4.86 |
|
27 |
Minnesota |
2.87 |
| 3 |
Vermont |
4.67 |
|
28 |
Idaho |
2.78 |
| 4 |
NEW
JERSEY |
4.54 |
|
29 |
Pennsylvania |
2.75 |
| 5 |
Rhode
Island |
4.42 |
|
29 |
South
Carolina |
2.75 |
| 6 |
Montana |
4.38 |
|
31 |
Virginia |
2.70 |
| 7 |
Alaska |
4.04 |
|
32 |
Maryland |
2.66 |
| 8 |
Connecticut |
3.82 |
|
33 |
Colorado |
2.57 |
| 9 |
New York |
3.79 |
|
34 |
Georgia |
2.56 |
| 10 |
Wisconsin |
3.73 |
|
35 |
Utah |
2.48 |
| 11 |
Wyoming |
3.71 |
|
36 |
Mississippi |
2.45 |
| 12 |
Illinois |
3.61 |
|
37 |
Nevada |
2.39 |
| 13 |
Texas |
3.38 |
|
38 |
California |
2.38 |
| 14 |
Indiana |
3.37 |
|
39 |
Missouri |
2.21 |
| 15 |
Iowa |
3.34 |
|
40 |
West
Virginia |
2.17 |
| 16 |
North
Dakota |
3.29 |
|
41 |
North
Carolina |
2.12 |
| 17 |
Nebraska |
3.25 |
|
42 |
Tennessee |
1.93 |
| 18 |
Michigan |
3.24 |
|
43 |
Hawaii |
1.75 |
| 18 |
South
Dakota |
3.24 |
|
43 |
Kentucky |
1.75 |
| 20 |
Massachusetts |
3.16 |
|
45 |
Louisiana |
1.68 |
| 21 |
Florida |
3.10 |
|
46 |
Arkansas |
1.64 |
| 22 |
Ohio |
2.99 |
|
47 |
Oklahoma |
1.57 |
| 23 |
Arizona |
2.98 |
|
48 |
Delaware |
1.56 |
24
|
Kansas |
2.94 |
|
48 |
New
Mexico |
1.56 |
| 24 |
Washington |
2.94 |
|
50 |
Alabama |
1.27 |
| |
|
|
|
|
|
|
| |
|
|
|
|
50
State Average
|
2.94 |
| |
|
|
|
|
N.J.
% Above Average |
54.2% |
View all State Stats
|