Where to live

Although there is a high property tax, the average homeowner

pays about $2,321 a year.
Wyoming does not have
corporate or individual income tax
on residents and there is only a
4% sales tax rate. It is one of the
nationwide lowest sales tax rates.




Where not to live
New York City is amazing but it is the worst state to live in for
taxes. There is a high individual
tax rate and a relatively high
sales tax. The top states
income tax rate is 8.82%. Sales
tax in New York is 4%. The
property per Capita in New
York is $2,280.

Where to live
South Dakota has no corporate or individual income tax and
only has a 4% sales tax.
Because it levies a sales tax for
businesses on purchases of
goods and services, it is
ranked among the worst sale
taxes.





Where no to live
While New Jersey is
known for its beaches it is high in all of the tax categories. The
top state income rate is
8.98%, with a sales tax of
7%. The property tax per
Capita for New Jersey is
$2,819. New Jersey is so
close at being tied with New
York with the worst taxes.
Where to live
Nevada has one of the highest sale tax rates in the country at
6.8%. It is ranked sixteen in
property taxes, but
residents do not have to pay
a corporate or individual
income tax. This makes it
the third cheapest tax state
in the country.





Where not to live
California has one of the highest income taxes in the country and has
an individual tax on individuals and corporations. The states top
income tax rate is 13.3%.
California has a 7.5% sales tax.
And the property tax per Capita is
$1,450. California relies on their
richest residents for income
taxes.
Where to live
Alaska ranks thirteen for property tax and twenty-seven for
corporate tax. The residents
of Alaska pay the highest
taxes in the country on
beer. Alaska is ranked
fourth because they have
zero state sales taxes and
individual income taxes.




Where not to live
Minnesota has dropped quite a few places in the tax rankings
this year but it is still near the top. Minnesotas top state
income tax rate is 7.85%.
There is a 6.875% sales tax.
Property per Capita is $1,412.
Minnesota is known for their
lakes and is gorgeous but it is
expensive.
Where to live
Residents of Florida do not pay individual income taxes while
they have one of the lowest
maximum income tax rates,
at 5.4%. Companies in Florida
are required to pay an
alternative minimum tax.





Where not to
live
Rhode Island was named least tax-friendly state in the country. They
tax social security benefits,
pension income, and other
retirement income. The top
state income tax rate is 5.99%.
Rhode Island has a 7% sales tax
rate. The property per Capita is
$2,083. Rhode Island is an
expensive place to live.