Total Taxes
$11,055,577
Property Taxes
$406,288
Sales and Gross Receipts Taxes
$5,534,807
General Sales and Gross Receipts Taxes
$2,786,833
Selective Sales and Gross Receipts Taxes
$2,747,974
Alcoholic Beverages Sales Tax
$214,615
Insurance Premiums Sales Tax
$376,766
Motor Fuels Sales Tax
$648,639
Pari-mutuels Sales Tax
$1,146
Public Utilities Sales Tax
$747,657
Tobacco Products Sales Tax
$179,929
Other Selective Sales and Gross Receipts Taxes
$579,222
License Taxes
$521,990
Alcoholic Beverages License
$4,032
Corporations in General License
$152,538
Hunting and Fishing License
$21,451
Motor Vehicle License
$220,483
Motor Vehicle Operators License
$33,425
Public Utilities License
$14,146
Occupation and Business License, NEC
$75,914
Other License Taxes
$1
Income Taxes
$4,490,316
Individual Income Taxes
$3,912,800
Corporations Net Income Taxes
$577,516
Other Taxes
$102,176
Documentarty and Stock Transfer Taxes
$46,014
Severance Taxes
$56,162
Debt Per Capita
$1,857.14
Total Debt of State
9.1 Billion
Total Debt of Local Governments
21.1 Billion
Combined Total Debt
30.2 Billion
Gross Domestic Product(GDP)
228.8 Billion
Real Estate Growth
1.4%
National Median Total State and Local Tax Rate Per Household
9.11%
National Median Total State and Local Taxes Paid Per Household
$5,290
State Median Total State and Local Taxes Paid Per Household
$4,186
Difference Between National Median and State Median
-15.32%
Fitch
AA+
Moody's
Aa1
S&P Global
AA
Income Tax Rate
2.0 - 5.0%
Number of Brackets
3
Top Income Range
$3,000 (S) - $6,000 (M)
Mean Real Estate Tax Rate
0.42%
Mean Real Estate Taxes Paid
$558
New Employer Tax Rate
2.70%
State Sales Tax Rate
4.00%
Lauderdale County
1.50%
Colbert County
1.50%
Minimum Sales Tax Rate (State and County)
4.00%
Maximum Sales Tax Rate (State and County)
5.50%
Source:
AvaTax
California State Treasurer's Office
Census Bureau
Department of Labor
Department of Revenue
Tax Foundation
