Colorado ranks 25th highest for dependence on property taxes, study finds


Colorado finished 25th in a Tax Foundation ranking of states that rely the most on property taxes as a share of state and local taxes.

That percentage for property tax reliance in Colorado amounted to 30.8 percent, according to the foundation’s numbers.

Property taxes in the U.S. as a whole made up 31.5 percent of the total state and local tax revenues collected in fiscal-year 2016, according to the Tax Foundation. And property taxes made up the largest share of state tax revenues in 26 states, the study said.

States that generate lower levels of property tax revenues rely more heavily on sales taxes, business taxes, excise taxes and other levies, according to the Tax Foundation.

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State Reliance on Property Tax Revenues

RankStateProperty Tax as a % of State and Local Taxes
1New Hampshire64.7%
2Alaska53.7%
3New Jersey46.6%
4Vermont43.9%
5Texas43.8%
6Rhode Island43.4%
7Wyoming43.2%
8Connecticut40.5%
9Maine40.4%
10Montana39.7%
11Nebraska37.5%
12Illinois37.5%
13Massachusetts36.4%
14Florida36.3%
15South Dakota35.4%
16Michigan34.6%
17Wisconsin34.1%
18Virginia33.9%
19South Carolina33.9%
20Kansas33.1%
21Iowa32.4%
22Oregon32.0%
23Georgia31.7%
24New York31.1%
25Colorado30.8%
26Arizona29.6%
27Pennsylvania29.2%
28Washington28.4%
29Ohio28.3%
30Mississippi27.4%
31Utah27.2%
32Idaho26.9%
33Missouri26.4%
34Minnesota25.7%
35Maryland25.7%
36California25.7%
37Tennessee25.2%
38Indiana25.0%
39North Carolina24.9%
40West Virginia23.4%
41Nevada23.3%
42Louisiana22.8%
43Kentucky20.3%
44Oklahoma20.2%
45New Mexico19.7%
46North Dakota19.6%
47Delaware18.1%
48Arkansas18.0%
49Hawaii17.6%
50Alabama17.1%
Source: Tax Foundation

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