The financial services website determined the best states to be taxed according to one’s income group by developing estimates of the state-specific tax burden on residents at three income levels. WalletHub used data from the Institute on Taxation and Economic Policy’s 2024 report
Here are the best and worst states for high-income earners:
Best states:
- Alaska
- New Hampshire
- North Dakota
- Wyoming
- Florida
- South Dakota
- Nevada
- Tennessee
- Montana
- Texas
Worst states:
- New York
- Hawaii
- Connecticut
- New Jersey
- District of Columbia
- Maryland
- Illinois
- California
- Kansas
- Minnesota
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