close

10 US States Where You Pay the Least Taxes

south dakota 730x350[adrotate group=”7″]

3) South Dakota

South Dakota is one of the seven states that implements no income tax. The sales tax range is very similar to Wyoming at a rate of 4.0% to 6.0%. With no income tax and little sales tax, you can keep more money in your pocket. While income tax and sales tax are well below the national average, property tax is above. The average property tax rate is 1.36%. This tax is based on an assessment of a home’s value. The assessment is determined annually and can cause this rate to increase or decrease. Besides low taxes, South Dakota also has a low cost of living, which helps you to keep more of your money. While utilities, medical care, and transportation costs are all lower, groceries are typically more expensive than the national average. Since this is the only cost or tax higher than the national average, South Dakota is one of the best states in the country to help you save money.

Income Tax: None
Sales Tax: 4.0%-6.0%
Property Tax: Average of 1.36%

 [adrotate group=”3″]

Pages: 1 2 3 4 5 6 7 8 9 10

Tags: , , , , , ,

Story Page