Colorado placed 23rd in U.S. ranking for total taxes collected in 2023

Lt. Governor Dianne Primavera
Lt. Governor Dianne Primavera - Colorado Government Official Website
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In 2023, Colorado collected $18.1 billion in total taxes, placing it 23rd among all U.S. states, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

This marked a 17.9% decrease from the $22.1 billion generated in the previous year.

For comparison, California topped the national rankings in 2023, collecting $217.7 billion in total 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. Total Taxes by State in 2023
Rank State Amount
1 California $217,707,953,000
2 New York $125,241,986,000
3 Texas $87,286,284,000
4 Illinois $68,042,382,000
5 Florida $61,925,155,000
6 Pennsylvania $55,074,459,000
7 New Jersey $51,673,356,000
8 Massachusetts $41,338,531,000
9 North Carolina $39,074,855,000
10 Ohio $38,728,351,000
11 Michigan $38,254,379,000
12 Washington $38,025,420,000
13 Virginia $37,124,084,000
14 Minnesota $34,473,185,000
15 Georgia $33,818,735,000
16 Maryland $29,590,039,000
17 Indiana $26,237,532,000
18 Tennessee $23,970,619,000
19 Arizona $23,828,089,000
20 Wisconsin $23,745,873,000
21 Connecticut $22,527,037,000
22 Oregon $20,781,741,000
23 Colorado $18,131,705,000
24 Missouri $17,403,548,000
25 Kentucky $17,217,084,000
26 Alabama $16,520,195,000
27 South Carolina $15,649,277,000
28 Louisiana $15,498,212,000
29 New Mexico $14,376,020,000
30 Nevada $14,314,135,000
31 Oklahoma $13,647,881,000
32 Utah $13,485,420,000
33 Kansas $13,139,563,000
34 Iowa $12,967,440,000
35 Arkansas $12,758,766,000
36 Mississippi $10,902,263,000
37 Hawaii $10,187,648,000
38 West Virginia $7,638,752,000
39 Idaho $7,419,025,000
40 Nebraska $7,326,729,000
41 Delaware $6,563,472,000
42 Maine $6,476,126,000
43 North Dakota $6,048,549,000
44 Rhode Island $5,145,309,000
45 Montana $4,710,141,000
46 Vermont $4,498,680,000
47 New Hampshire $3,546,944,000
48 Wyoming $3,004,996,000
49 Alaska $2,794,075,000
50 South Dakota $2,629,090,000

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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