Idaho ranks 40th in the U.S. for the most insurance premiums sales tax paid in 2022

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In 2022, Idaho collected $137,183,000 in insurance premiums sales tax, ranking it 40th in the United States, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.

The Census Bureau cautions it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Below is a breakdown of how taxes were classified by the bureau and how much was collected.

U.S. insurance premiums sales tax by State in 2022
Rank State Amount
1 California $3,319,048,000
2 Texas $3,121,923,000
3 New York $2,409,677,000
4 Florida $1,571,412,000
5 Tennessee $1,223,183,000
6 Louisiana $1,080,293,000
7 North Carolina $1,003,553,000
8 Pennsylvania $913,085,000
9 Washington $823,878,000
10 Maryland $791,320,000
11 New Jersey $747,723,000
12 Arizona $732,224,000
13 Minnesota $718,431,000
14 Virginia $683,923,000
15 Ohio $675,158,000
16 Massachusetts $587,997,000
17 Nevada $518,019,000
18 Alabama $513,226,000
19 Illinois $491,053,000
20 Georgia $482,092,000
21 Kansas $466,396,000
22 Missouri $465,920,000
23 Michigan $398,371,000
24 Mississippi $383,652,000
25 Oklahoma $349,723,000
26 Arkansas $345,234,000
27 Colorado $338,355,000
28 South Carolina $289,114,000
29 Indiana $257,529,000
30 Wisconsin $247,174,000
31 New Mexico $235,866,000
32 Hawaii $201,859,000
33 Connecticut $191,176,000
34 Utah $189,609,000
35 Kentucky $179,015,000
36 Rhode Island $159,612,000
37 Montana $153,056,000
38 Iowa $152,546,000
39 Delaware $146,051,000
40 Idaho $137,183,000
41 New Hampshire $136,733,000
42 Maine $136,120,000
43 West Virginia $135,847,000
44 South Dakota $97,571,000
45 Oregon $85,403,000
46 Nebraska $78,815,000
47 North Dakota $75,216,000
48 Vermont $68,799,000
49 Alaska $68,590,000
50 Wyoming $33,611,000

Source: U.S. Census Bureau



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