29 APR 2025

Top 10 States with the Highest Tax Burdens to Watch in 2025

- MYCPE ONE Insights Team

When it comes to taxes, where you live can make a bigger difference than you think. WalletHub’s latest study shows just how much the gap has widened between states like Hawaii and Alaska. In Hawaii, residents fork over nearly 14% of their income to state and local taxes, getting hit hard on sales, property, and income taxes. Meanwhile, residents in Alaska enjoy the lowest tax burden in the country, with no state income tax and minimal property and sales taxes, which means you get to keep more of your paycheck.

If you think all taxes are created equal, think again. States like New York and California are heavy on income taxes but also fund some of the most robust public services. Property taxes tell a similar story: Vermont and New Jersey top the charts, while Alabama homeowners breathe a little easier with the nation’s lightest property tax bite. Interestingly, it’s not always about how much you make, it’s how much of it you keep. As living costs soar, knowing where your state stands could be the key to smarter financial moves. Whether you're planning a big move or just daydreaming about a smaller tax bill, this list might just change the way you look at home.

Until next time…

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