The Hump
This website was created to make suggestions on how the government
might fix the problems with the current Social Security system, but we
all know what chance we have of the government doing something logical
that might be good for the country. Re-election is their primary goal.
So, since we have to live with the current system, for a while at
least, these pages were created to help us avoid one of the biggest
problem that some of us will face, retirees paying the highest
taxation levels of any American citizen, something we call The Hump.
Average State Income Tax Rate
All the states have different tax rate, and 9 of them have no state
tax at all. We did some simple math to come up with the average. We
added the tax rates of all 50 states plus D.C. and divided by 51.
| ALABAMA | 5.000% | |
KENTUCKY | 6.000% | |
NORTH DAKOTA | 3.990% |
| ALASKA |
None |
|
LOUISIANA |
6.000% |
|
OHIO |
5.925% |
| ARIZONA |
4.540% |
|
MAINE |
8.500% |
|
OKLAHOMA |
5.250% |
| ARKANSAS |
7.000% |
|
MARYLAND |
5.500% |
|
OREGON |
9.900% |
| CALIFORNIA |
9.300% |
|
MASSACHUSETTS |
5.300% |
|
PENNSYLVANIA |
3.070% |
| COLORADO |
4.630% |
|
MICHIGAN |
4.350% |
|
RHODE ISLAND |
5.990% |
| CONNECTICUT |
6.700% |
|
MINNESOTA |
7.850% |
|
SOUTH CAROLINA |
7.000% |
| DELAWARE |
6.750% |
|
MISSISSIPPI |
5.000% |
|
SOUTH DAKOTA |
None |
| Washington D.C. |
8.950% |
|
MISSOURI |
6.000% |
|
TENNESSEE |
None |
| FLORIDA |
None |
|
MONTANA |
6.900% |
|
TEXAS |
None |
| GEORGIA |
6.000% |
|
NEBRASKA |
6.840% |
|
UTAH |
5.000% |
| HAWAII |
11.000% |
|
NEVADA |
None |
|
VERMONT |
8.950% |
| IDAHO |
7.800% |
|
NEW HAMPSHIRE |
None |
|
VIRGINIA |
5.750% |
| ILLINOIS |
5.000% |
|
NEW JERSEY |
8.970% |
|
WASHINGTON |
None |
| INDIANA |
3.400% |
|
NEW MEXICO |
4.900% |
|
WEST VIRGINIA |
6.500% |
| IOWA |
8.980% |
|
NEW YORK |
8.820% |
|
WISCONSIN |
7.750% |
| KANSAS |
6.450% |
|
NORTH CAROLINA |
7.750% |
|
WYOMING |
None |
| Sum of all States |
275.255% |
| Divided by 51 |
5.397% |
|