New Jersey ranks 8th in the U.S. for most license taxes paid in 2023

Tahesha L. Way New Jersey Lieutenant Governor and Secretary of State
Tahesha L. Way New Jersey Lieutenant Governor and Secretary of State
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In 2023, New Jersey collected $2.3 billion in license taxes, placing it eighth among all U.S. states, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

This marked a 7.1% increase from the $2.2 billion generated in the previous year.

For comparison, California topped the national rankings in 2023, collecting $13.3 billion in license taxes.

The State Government Tax Collections (STC) survey tracks five major tax categories and up to 25 subcategories, gathering data from all 50 state governments and their dependent agencies.

The Census Bureau notes that it defines tax classifications consistently across states, which may differ from how individual states categorize them.

All figures in this article reflect taxes collected by state governments only, based on the STC. They do not include local taxes, such as most property taxes, which make up a significant portion of overall taxes paid by residents.

According to the U.S. Census Bureau, state and local governments collect a wide range of taxes to fund public programs and services. These revenues are typically allocated to areas such as transportation, education, and public safety. In 2024, state tax collections alone amounted to nearly $1.5 trillion nationwide, representing a significant part of overall government operations.

U.S. License Taxes by State in 2023
Rank State Amount
1 California $13,291,952,000
2 Illinois $3,786,767,000
3 Texas $3,709,421,000
4 Pennsylvania $2,891,665,000
5 North Carolina $2,697,496,000
6 Delaware $2,651,434,000
7 Tennessee $2,608,184,000
8 New Jersey $2,343,621,000
9 Florida $2,285,918,000
10 Michigan $2,276,945,000
11 Ohio $2,137,048,000
12 Washington $2,095,212,000
13 New York $1,901,733,000
14 Minnesota $1,483,952,000
15 Virginia $1,361,508,000
16 Massachusetts $1,319,176,000
17 Wisconsin $1,314,902,000
18 Oregon $1,251,854,000
19 Iowa $1,133,340,000
20 Maryland $1,028,637,000
21 Oklahoma $954,955,000
22 Indiana $865,374,000
23 South Carolina $757,210,000
24 Missouri $740,978,000
25 Nevada $738,622,000
26 Louisiana $714,919,000
27 Arizona $681,723,000
28 Colorado $676,562,000
29 Mississippi $675,097,000
30 Alabama $624,743,000
31 Georgia $611,562,000
32 Kentucky $601,338,000
33 New Hampshire $574,980,000
34 Montana $513,606,000
35 Idaho $492,341,000
36 New Mexico $446,056,000
37 Kansas $440,781,000
38 Arkansas $434,220,000
39 Utah $404,304,000
40 Connecticut $357,584,000
41 South Dakota $348,103,000
42 Hawaii $333,174,000
43 Maine $323,652,000
44 North Dakota $231,205,000
45 Wyoming $219,407,000
46 Nebraska $199,078,000
47 Rhode Island $185,426,000
48 West Virginia $184,868,000
49 Vermont $148,763,000
50 Alaska $109,440,000

Information in this story was obtained from the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC). The source data can be found here.



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