2024: Vermont among top states for property taxes paid, ranking 6th

Phillip B. Scott, Vermont Governor - www.philscott.org
Phillip B. Scott, Vermont Governor - www.philscott.org
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In 2024, Vermont collected $1.3 billion in property taxes, placing it sixth among all U.S. states, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

This marked an 8% increase from the $1.2 billion generated in the previous year.

For comparison, Washington topped the national rankings in 2024, collecting $4.6 billion in property taxes.

The State Government Tax Collections (STC) survey tracks five major tax categories and up to 25 subcategories, gathering data from all 50 state governments and their dependent agencies.

The Census Bureau notes that it defines tax classifications consistently across states, which may differ from how individual states categorize them.

All figures in this article reflect taxes collected by state governments only, based on the STC. They do not include local taxes, such as most property taxes, which make up a significant portion of overall taxes paid by residents.

According to the U.S. Census Bureau, state and local governments collect a wide range of taxes to fund public programs and services. These revenues are typically allocated to areas such as transportation, education, and public safety. In 2024, state tax collections alone amounted to nearly $1.5 trillion nationwide, representing a significant part of overall government operations.

The amount each state collects depends on its tax rates, bases, and policy priorities. In 2023, North Dakota topped the list with the largest state tax collection per capita at $7,715.71, followed by Hawaii ($7,098.72) and Vermont ($6,948.15), according to the U.S. Census Bureau.

U.S. Property Taxes by State in 2024
Rank State Amount
1 Washington $4,614,073,000
2 California $3,558,041,000
3 Michigan $2,592,924,000
4 Nevada $1,816,136,000
5 Arkansas $1,515,978,000
6 Vermont $1,307,255,000
7 Maryland $994,776,000
8 Kansas $952,523,000
9 Georgia $862,884,000
10 Kentucky $808,162,000
11 Arizona $762,865,000
12 Minnesota $731,865,000
13 Alabama $620,698,000
14 Montana $481,087,000
15 New Hampshire $410,549,000
16 Wyoming $401,751,000
17 Louisiana $131,236,000
18 Alaska $130,855,000
19 New Mexico $125,960,000
20 Wisconsin $104,756,000
21 South Carolina $92,821,000
22 Illinois $73,342,000
23 Missouri $46,136,000
24 Virginia $45,114,000
25 Pennsylvania $44,073,000
26 Maine $39,993,000
27 Mississippi $30,361,000
28 Oregon $20,734,000
29 Massachusetts $15,416,000
30 Indiana $15,285,000
31 West Virginia $9,350,000
32 North Dakota $5,818,000
33 Rhode Island $5,364,000
34 New Jersey $4,964,000
35 Iowa $837,000
36 Nebraska $126,000

Information in this story was obtained from the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC). The source data can be found here.



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