| Economic Outlook Data |
|
Overall Outlook Rank
|
19th
|
25th
|
|
Top Marginal Personal Income Tax Rate
|
6.65%
|
6.00%
|
|
Top Marginal Corporate Income Tax Rate
|
8.00%
|
3.61%
|
|
Personal Income Tax Progressivity
(change in tax liability per $1,000 of income)
|
$3.29
|
$12.79
|
|
Property Tax Burden
(per $1,000 of personal income)
|
$30.45
|
$28.57
|
|
Sales Tax Burden
(per $1,000 of personal income)
|
$21.74
|
$24.50
|
|
Remaining Tax Burden
(per $1,000 of personal income)
|
$14.85
|
$17.52
|
|
Estate / Inheritance Tax Levied?
|
No
|
No
|
|
Recently Legislated Tax Changes
|
-$3.36
|
-$1.92
|
|
Debt Service as a Share of Tax Revenue
|
5.00%
|
4.99%
|
|
Public Employees Per 10,000 of Population
(full-time equivalent)
|
434.4
|
506.2
|
|
State Liability System Costs
(as a share of state GDP)
|
1.98%
|
1.50%
|
|
State Minimum Wage
(federal floor is $7.25)
|
$10.56
|
$10.70
|
|
Average Workers' Compensation Costs
(per $100 of payroll)
|
$1.00
|
$0.77
|
|
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
|
37
|
| State Gross Domestic Product |
52.63%
|
56.22%
|
| Absolute Domestic Migration |
-232,033
|
-170,155
|
| Non-Farm Payroll Employment |
7.12%
|
6.05%
|
|
Michigan Profile
|
Ohio Profile
|
