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Tuesday, December 3, 2024

New Jersey ranks 10th in the U.S. for the most public utilities license paid in 2022

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In 2022, New Jersey collected $20,961,000 in public utilities license, ranking it 10th 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. public utilities license by State in 2022
RankStateAmount
1California$569,181,000
2Pennsylvania$78,104,000
3Wisconsin$68,200,000
4Idaho$64,442,000
5Texas$45,765,000
6Michigan$32,696,000
7Florida$24,180,000
8Illinois$23,302,000
9Washington$23,093,000
10New Jersey$20,961,000
11New Hampshire$20,912,000
12North Carolina$18,876,000
13Missouri$18,442,000
14Colorado$16,545,000
15Hawaii$15,153,000
16South Carolina$14,713,000
17Oregon$13,899,000
18Alabama$12,792,000
19Iowa$11,841,000
20New York$11,458,000
21Arkansas$8,940,000
22Alaska$8,103,000
23Louisiana$7,406,000
24Minnesota$7,297,000
25Mississippi$6,579,000
26Kansas$6,522,000
27Tennessee$6,099,000
28Rhode Island$2,809,000
29Ohio$2,801,000
30New Mexico$1,856,000
31Virginia$716,000
32Delaware$700,000
33Connecticut$578,000
34West Virginia$391,000
35Arizona$30,000
36Montana$5,000
36Oklahoma$5,000
38North Dakota$2,000
Source: U.S. Census Bureau

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