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Monday, November 25, 2024

North Carolina ranks fifth in the U.S. for the most license taxes paid in 2020

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In 2020, North Carolina collected $2.2 billion in license taxes, ranking it fifth in the United States, according to the U.S. Census Bureau's Annual Survey of State Government Tax Collections (STC).

The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.

The Census Bureau cautions it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Below is a breakdown of how taxes were classified by the bureau and how much was collected.

U.S. license taxes by State in 2020
RankStateAmount
1California$12,007,345,000
2Texas$3,396,564,000
3Illinois$2,748,276,000
4Pennsylvania$2,594,319,000
5North Carolina$2,197,546,000
6Ohio$2,174,077,000
7Florida$2,122,244,000
8Michigan$2,017,443,000
9Delaware$1,851,617,000
10New York$1,823,176,000
11New Jersey$1,691,586,000
12Tennessee$1,672,204,000
13Washington$1,615,374,000
14Minnesota$1,578,328,000
15Wisconsin$1,256,103,000
16Oregon$1,165,847,000
17Massachusetts$1,130,025,000
18Oklahoma$1,043,794,000
19Iowa$1,021,357,000
20Virginia$972,928,000
21Maryland$800,356,000
22Indiana$792,545,000
23Georgia$719,188,000
24Colorado$678,829,000
25Nevada$637,899,000
26Missouri$634,725,000
27South Carolina$633,783,000
28Arizona$584,022,000
29Alabama$573,316,000
30Kentucky$545,074,000
31Mississippi$487,110,000
32Montana$453,759,000
33Kansas$432,005,000
34New Hampshire$420,669,000
35Louisiana$417,186,000
36Idaho$399,784,000
37Arkansas$391,409,000
38Connecticut$370,415,000
39Utah$356,811,000
40New Mexico$332,374,000
41South Dakota$295,378,000
42Maine$284,666,000
43Hawaii$274,200,000
44West Virginia$256,240,000
45North Dakota$220,690,000
46Wyoming$204,750,000
47District of Columbia$202,042,000
48Nebraska$186,656,000
49Alaska$152,187,000
50Vermont$140,193,000
51Rhode Island$120,821,000
Source: U.S. Census Bureau

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