Skip to content

New Report: NH Ranks 29th in State & Local Tax Collections

New Report: NH Ranks 29th in State & Local Tax Collections

May 19, 2025

But Granite State Continues to Lag in Business Tax Competitiveness

In May, the nonpartisan Tax Foundation released its annual ranking of combined state and local tax collections per capita. New Hampshire fared by far the best of Northeast states, coming in 29th with $5,949 in taxes per person.

Per capita state and local taxes in the Granite State totaled more than $700 less than the next closest state in the Northeast (Pennsylvania) and nearly $7,000 less than the highest state (New York).

New Hampshire is one of only two states in the nine-state region outside of the top 20 and one of only three below the national average ($7,109).

Here’s how New Hampshire stacks up against the region:

NH (29th): $5,949

PA (22nd): $6,644 (+12%)

RI (17th): $7,000 (+18%)

ME (16th): $7,216 (+21%)

VT (8th): $8,158 (+37%)

MA (6th): $9,341 (+57%)

NJ: (5th): $9,366 (+57%)

CT (3rd): $9,718 (+63%)

NY (1st): $12,685 (+112%)

Unsurprisingly, New Hampshire also led the region in lowest state and local tax burden in previous editions of the Tax Foundation analysis. This year’s ranking is an improvement over 2023 (NH: 25th highest) and 2019 (NH: 19th highest).

Out of seven states in the country without a tax on any individual income, two states (NV, WY) had higher state and local tax collections and four were lower (TN, FL, SD, TX) than New Hampshire.

However, New Hampshire continues to lag nationally on business taxes. While the Granite State ranks 6th best in overall Tax Competitiveness, business taxes are ranked 16th worst in the country.

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

June 3, 2025
NFIB Releases New Ads Highlighting Colorado Rep. Gabe Evans’…
NFIB will feature digital ads throughout Colorado’s 8th District, highlig…
Read More
Handsome asian man choosing bakery in store
June 2, 2025
One Big Beautiful Bill Act Includes Top Small Business Prioriti…
The One Big Beautiful Bill Act is an NFIB Key Vote for the 119th Congress….
Read More
Young female bookkeeper uses calculator
June 2, 2025
Tax Changes Coming to Maryland on July 1
During the 2025 legislative session, the Maryland General Assembly passed t…
Read More
June 2, 2025
Small Business Owners Disappointed by Senate Inaction on Tax-Cu…
Meaningful tax relief would have helped Main Street deal with rising costs…
Read More

© 2001 - 2025 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility