| Economic Outlook Data |
|
Overall Outlook Rank
|
32nd
|
15th
|
|
Top Marginal Personal Income Tax Rate
|
6.65%
|
5.25%
|
|
Top Marginal Corporate Income Tax Rate
|
8.00%
|
3.60%
|
|
Personal Income Tax Progressivity
(change in tax liability per $1,000 of income)
|
$3.09
|
$0.74
|
|
Property Tax Burden
(per $1,000 of personal income)
|
$30.71
|
$27.07
|
|
Sales Tax Burden
(per $1,000 of personal income)
|
$21.48
|
$23.41
|
|
Remaining Tax Burden
(per $1,000 of personal income)
|
$14.53
|
$16.78
|
|
Estate / Inheritance Tax Levied?
|
No
|
No
|
|
Recently Legislated Tax Changes
|
$1.52
|
-$1.44
|
|
Debt Service as a Share of Tax Revenue
|
4.63%
|
4.11%
|
|
Public Employees Per 10,000 of Population
(full-time equivalent)
|
434.89
|
501.68
|
|
State Liability System Costs
(as a share of state GDP)
|
1.98%
|
1.50%
|
|
State Minimum Wage
(federal floor is $7.25)
|
$13.73
|
$11.00
|
|
Average Workers' Compensation Costs
(per $100 of payroll)
|
$0.90
|
$0.68
|
|
Right-to-Work State?
(option to join or support a union)
|
No
|
No
|
|
Tax Expenditure Limits
|
2
|
1
|
| Economic Performance Data |
| Overall Performance Rank |
35
|
34
|
| State Gross Domestic Product |
54.92%
|
55.36%
|
| Absolute Domestic Migration |
-84,362
|
-28,649
|
| Non-Farm Payroll Employment |
5.76%
|
4.04%
|
|
Michigan Profile
|
Ohio Profile
|
