Ranking Your State’s Debt


Saturday June 8th, 2013   •   Posted by Craig Eyermann at 7:34am PDT   •  

How much debt is your state government adding to your total debt burden?

While the MyGovCost calculator can help you find out how the U.S. federal government is adding to your debt burden, it doesn’t take into account any of the borrowing that your state might be doing.

That’s why we found the following map produced by the non-partisan Tax Foundation so interesting – they’ve estimated the per capita tax burden for the residents in each of the states!

State-Debt-Per-Capita-(large)

Going by the 2011 data, we see that Tennessee has the lowest per-capita debt, owing just $925 per Tennessean, while the people of Massachusetts are by far the most indebted, with the state owing $11,309 for each man, woman and child in the commonwealth!

As for what do with this information, just add the amount for your state to your tab for your personal share of the national debt, which you can see in the MyGovCost calculator‘s “This Year” tab for your personalized results!




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