New Hampshire does not have an individual income tax on wages or salaries (the prior interest and dividends tax was repealed effective January 1, 2025). New Hampshire has a flat 7.50 percent corporate income tax rate. New Hampshire does not have a state sales tax. New Hampshire has a 1.50 percent effective property tax rate on owner-occupied housing value. New Hampshire does not have an estate tax or inheritance tax. New Hampshire’s gas tax is 23.75 cents per gallon, and its cigarette excise tax is $1.78 per pack of 20 cigarettes.
New Hampshire raises tax revenue primarily through property taxes (59.5 percent of total state and local tax revenue), other taxes (23.0 percent), and corporate income taxes (15.7 percent). New Hampshire collects $5,784 in state and local tax collections per capita, carries $7,310 in state and local debt per capita, and has a 74 percent funded ratio of public pension plans. New Hampshire’s tax system ranks 3rd overall on the 2026 State Tax Competitiveness Index.
Each state’s tax code is a multifaceted system with many moving parts, and New Hampshire is no exception. Use the tabs below to compare New Hampshire taxes with other states and to see how New Hampshire raises tax revenue. You can also browse our tax maps, which are compiled from our annual publication, Facts & Figures 2026: How Does Your State Compare?
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The State Tax Competitiveness Index enables policymakers, taxpayers, and business leaders to gauge how their states’ tax systems compare. While there are many ways to show how much state governments collect in taxes, the Index evaluates how well states structure their tax systems and provides a road map for improvement.
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Facts & Figures serves as a one-stop state tax data resource that compares all 50 states on over 40 measures of tax rates, collections, burdens, and more.
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Individual income taxes are a major source of state government revenue, accounting for more than a third of state tax collections. How do income taxes compare in your state?
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Retail sales taxes are an essential part of most states’ revenue toolkits, responsible for nearly a quarter of combined state and local tax collections.
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Forty-four states levy a corporate income tax, with top rates ranging from a 2 percent flat rate in North Carolina to an 11.5 percent top marginal rate in New Jersey. Four states—Georgia, Nebraska, North Carolina, and Pennsylvania—reduced their corporate income tax rates effective January 1, 2026.
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Property taxes are the primary tool for financing local governments. While no taxpayers in high-tax jurisdictions will be celebrating their yearly payments, property taxes are largely rooted in the benefit principle of taxation: the people paying the property tax bills are most often the ones benefiting from the services.
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Massachusetts, Ohio, and West Virginia have newly extended their income tax filing and payment deadlines to match the July 15 federal deadline.
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Our updated 2020 edition of Facts & Figures serves as a one-stop state tax data resource that compares all 50 states on over 40 measures of tax rates, collections, burdens, and more.
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From remote sales tax collection to taxes on marijuana and vaping products, we recap the top state tax trends from 2019 and break down which ones you should watch for in 2020.
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Our updated 2019 edition of Facts & Figures serves as a one-stop state tax data resource that compares all 50 states on over 40 measures of tax rates, collections, burdens, and more.
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Ballot initiatives are often an afterthought on Election Day, but in many states, voters went to the polls to weigh in on significant tax policy questions. Here are the most recent results we’ve compiled for tax-related ballot measures.
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Explore our list of the top state tax ballot measures to watch for throughout the country.
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Our 2019 State Business Tax Climate Index compares each state on over 100 variables including corporate, individual, property, and sales taxes. How does your state rank?
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