Sales Tax

  • Statewide: 6.5%
  • Counties can levy sales tax of no more than 6.125%.
  • Current average sales tax (with local taxes included): 9.14%
  • Common Exceptions at State Level:
    • Prescription Medicine: Exempt
    • Unprepared Foods: .125%
  • Gasoline Tax: 43.40 cents/gallon (Includes all state, local, and federal taxes)
  • Diesel Fuel Tax: 53.20 cents/gallon (Includes all state, local, and federal taxes)


Personal Income Tax

  • Personal Income Tax Rate Range: State has two tax brackets. Those making over $91,901 pay between 2% and 4.9%; those making less than $87,000 pay between 0% and 4.9%. Tax for those making between $87,001 and $91,900 are taxed with a different formula. Same for married filing jointly. 
  • Standard deduction: Single Filing Status: $2,340
  • Personal Exemption Allowance: $29/Dependent Exemption: $29. (Both taken as tax credit)
  • Itemized Deductions Allowed?: Yes. Subject to limitations.
  • Retirement Income
    • Social Security: Exempt
    • IRAs: Taxable at ordinary income tax rates.*
    • 401Ks/Defined contribution employer retirement plans: Taxable at ordinary income tax rates.*
    • Private pensions: Taxable at ordinary income tax rates.*
    • Public Pensions: Taxable at ordinary income tax rates.*
  • Military Pay
    • Active Duty Pay: Exempt
    • Military Retirement Pay: Exempt
    • Military Disability Pay: Exempt 
    • VA Disability Dependency & Indemnity Compensation Benefits: Exempt

Income Tax Comments: *Up to $6,000 of retirement income may be tax-exempt for those age 59 1/2 or older. State allows county- and city-level income tax.


Property Tax

  • Local municipalities average .59% of the property's assessed value.
  • Calculation of assessed value: 20% of fair market value; cannot increase more than 5% per year for most properties.
  • State-Level Relief programs for:
    • Owner-occupied: May be eligible for credit of up to $425
    • 65 and Over or Disabled: Assessed value frozen until sold or improvements made.
    • Disabled Veteran/Surviving Spouse/dependent children: Full tax exemption if meet certain requirements.
  • Personal Property Tax: Yes. Rates and exemptions vary.


Inheritance & Estate Taxes: None


Department of Revenue website:

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