Tax Burden in New York (1=Highest, 25=Avg.):2nd \u2013 Overall Tax Burden (12.39%)4th \u2013 Property Tax Burden (4.22%)2nd \u2013 Individual Income Tax Burden (4.65%)23rd \u2013 Total Sales & Excise Tax Burden (3.53%)<\/p>\n
New York State also ranked 2nd in the nation for individual income taxes. Property taxes aren\u2019t far behind, coming in at 4th overall.<\/p>\n
For all the news that the Hudson Valley is sharing, make sure to follow Hudson Valley Post on Facebook,<\/a>\u00a0and download the\u00a0Hudson Valley Post Mobile App <\/a><\/p>\n \u201cIt\u2019s easy to be dismayed at tax time when you see just how much of your income you lose. Living in a state with a low tax burden can alleviate some of that stress. Some states charge no income tax or no sales tax, although all states have some form of property taxes and excise taxes,” WalletHub Analyst Chip Lupo stated.<\/p>\n If you’re wondering, Hawaii has the highest overall tax burden, while Alaska has the lowest.<\/p>\n mbarrettimages<\/p>\n mbarrettimages<\/p>\n Delaware, Florida, Tennessee, and New Hampshire are the other states with the lowest taxes.<\/p>\n Vermont, New Mexico and Maine round out the top five states with the highest tax burdens.<\/p>\n Helpful Tips to Help You Save MoneyHelpful Tips to Help You Save Money<\/p>\n Everyone is struggling to save money right now here is a look at things you can do to help keep some of that money you earned.<\/p>\n Gallery Credit: Billy Jenkins<\/a><\/p>\n New Yorkers Might Be Wasting Money On These 11 Things<\/p>\n LOOK: Here are 25 ways you could start saving money todayThese money-saving tips\u2014from finding discounts to simple changes to your daily habits\u2014can come in handy whether you have a specific savings goal, want to stash away cash for retirement, or just want to pinch pennies. It\u2019s never too late to be more financially savvy. Read on to learn more about how you can start saving now. [From: 25 ways you could be saving money today<\/a>]<\/p>\n Gallery Credit: Bethany Adams<\/p>\n These Are Now The Highest Paying Jobs In New York State<\/p>\n","protected":false},"excerpt":{"rendered":"If living in New York feels expensive, you’re not wrong. We’ve just learned a major reason why. A…\n","protected":false},"author":2,"featured_media":147832,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[3764,9,11,10,49,51,50],"class_list":{"0":"post-182094","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-hudson-valley-news","9":"tag-new-york","10":"tag-new-york-headlines","11":"tag-new-york-news","12":"tag-new-york-state","13":"tag-new-york-state-headlines","14":"tag-new-york-state-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/182094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=182094"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/182094\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/147832"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=182094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=182094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=182094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Follow](\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2025\/11\/1764005171_799_attachment-No3_nextdoorpromo_newsletter.jpg\")
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