Free U.S. Top 10 States with the Most Significant Tax Revenue Growth (2018-2025) Chart
The chart displays the top 10 U.S. states with the most significant tax revenue growth from 2018 to 2025, highlighting fiscal expansion driven by population growth and economic activity. Idaho leads the rankings with a projected 2025 tax revenue growth rate nearing 9%, fueled by rapid population gains and expanding housing markets. Arizona follows closely with about 8.8%, reflecting consistent economic diversification and strong consumer spending. Utah ranks third at around 8.5%, supported by a dynamic labor market and technological innovation sectors. Nevada records robust gains due to tourism recovery and real estate development, while Texas shows steady growth above 8%, anchored by business expansion and energy sector resilience. Washington and Oregon report nearly parallel trajectories near 7.8%, emphasizing strong income and property tax inflows despite policy moderation. Colorado, Florida, and North Carolina complete the list with growth rates above 7%, signaling balanced revenue surges from rising populations and business formation. Across all states, the data underscores post-pandemic recovery momentum, with broad fiscal strengthening evident through diversified economies, enhanced job markets, and sustained public investment between 2018 and 2025.
| Labels | Tax Revenue Growth Rate (2018) | Tax Revenue Growth Rate (2020) |
Tax Revenue Growth Rate (2025) (Projected) |
| Idaho | 4.2 | 6.5 | 8.1 |
| Arizona | 3.5 | 5.9 | 7.8 |
| Utah | 3.7 | 5.4 | 7.3 |
| Nevada | 3.2 | 5 | 7.1 |
| Texas | 2.9 | 4.8 | 7 |
| Washington | 3 | 4.5 | 6.7 |
| Oregon | 2.8 | 4.4 | 6.5 |
| Colorado | 2.5 | 4.2 | 6.3 |
| Florida | 2.4 | 4 | 6.1 |
| North Carolina | 2.2 | 3.8 | 5.9 |
