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5 States Where Residents Get the Biggest Returns on Their Tax Dollars

tax time

Tax season is here! Not exactly everyone’s favorite time of year. Unfortunately, taxes are a fact of life in America. But when properly used, those revenues can make a difference in quality of life for citizens. Of course, some states make better use of tax dollars than others. According to a new report by Wallethub, a personal finance website, these five states offer the overall highest return on residents’ tax dollars:

  1. New Hampshire
  2. South Dakota
  3. Florida
  4. Virginia
  5. Alaska

The top states were chosen based on combined analysis of 23 key metrics in the categories of education, health, safety, economy, infrastructure and pollution. But other states clearly stood out when looking at those categories independently. For instance, Massachusetts boasted the best school systems; Utah the best hospitals; Connecticut the highest water quality; Vermont the lowest crime rate and New Hampshire the lowest percentage of residents in poverty. Arizona and Minnesota tied for the best roads and bridges.

Take a look at the interactive map below to see how your current or prospective home state ranks in tax dollar ROI. And if you plan a move to or from the Washington, DC metropolitan area, call McKendree Moving & Storage at 800-530-2626 to speak with a relocation expert today.

Source: WalletHub

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