| Economic Outlook Data |
|
Overall Outlook Rank
|
17th
|
19th
|
|
Top Marginal Personal Income Tax Rate
|
6.65%
|
6.49%
|
|
Top Marginal Corporate Income Tax Rate
|
8.00%
|
3.68%
|
|
Personal Income Tax Progressivity
(change in tax liability per $1,000 of income)
|
$2.83
|
$15.51
|
|
Property Tax Burden
(per $1,000 of personal income)
|
$31.40
|
$28.17
|
|
Sales Tax Burden
(per $1,000 of personal income)
|
$19.84
|
$22.51
|
|
Remaining Tax Burden
(per $1,000 of personal income)
|
$16.09
|
$15.37
|
|
Estate / Inheritance Tax Levied?
|
No
|
No
|
|
Recently Legislated Tax Changes
|
$0.00
|
-$1.28
|
|
Debt Service as a Share of Tax Revenue
|
7.37%
|
6.13%
|
|
Public Employees Per 10,000 of Population
(full-time equivalent)
|
439.1
|
497.5
|
|
State Liability System Survey
(tort litigation treatment, judicial impartiality, etc.)
|
68.8
|
67.7
|
|
State Minimum Wage
(federal floor is $7.25)
|
$9.87
|
$9.30
|
|
Average Workers’ Compensation Costs
(per $100 of payroll)
|
$1.14
|
$1.11
|
|
Right-to-Work State?
(option to join or support a union)
|
Yes
|
No
|
|
Tax Expenditure Limits
|
2
|
1
|
| Economic Performance Data |
| Overall Performance Rank |
35
|
31
|
| State Gross Domestic Product |
32.07%
|
35.37%
|
| Absolute Domestic Migration |
-278,245
|
-232,316
|
| Non-Farm Payroll Employment |
4.06%
|
4.13%
|
|
Michigan Profile
|
Ohio Profile
|
