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Nine U.S. states—Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming—don’t tax residents’ income. But that doesn’t always mean more savings. Soaring Home Prices Nationwide, home prices rose 46.6% from 2019 to 2024. In no-income-tax states, some increases were even steeper: 🔹 Wyoming: 82.0% 🔹 New Hampshire: 76.5% 🔹 South Dakota: 65.0% 🔹 Tennessee: 52.7% Rising Costs Elsewhere 🔹 Florida’s homeowners insurance: $10,996/year (highest in the U.S.) 🔹 T
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Nine U.S. states—Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming—don’t tax residents’ income. But that doesn’t always mean more savings. Soaring Home Prices Nationwide, home prices rose 46.6% from 2019 to 2024. In no-income-tax states, some increases were even steeper: 🔹 Wyoming: 82.0% 🔹 New Hampshire: 76.5% 🔹 South Dakota: 65.0% 🔹 Tennessee: 52.7% Rising Costs Elsewhere 🔹 Florida’s homeowners insurance: $10,996/year (highest in the U.S.) 🔹 T
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