Average American Pays Over $524,000 in Taxes Over a Lifetime

New study reveals lifetime tax burden across U.S. states, highlighting significant regional variations.

A recent study by Self.inc shows that the average American will pay approximately $524,625 in taxes throughout their lifetime, which is about 34.7% of their estimated lifetime earnings.
New Jersey residents face the highest tax burden, paying nearly $987,117, while Wyoming residents pay the least at $358,407.
The study breaks down taxes into categories including income, property, personal spending, and vehicle taxes, with income taxes being the largest expense.
Ohio, Tennessee, and Arizona show varied tax burdens, with Ohio ranking 30th, Tennessee among the states with the lowest, and Arizona 28th in total lifetime taxes.
The methodology includes data from the U.S. Census Bureau's American Community Survey, inflation adjustments, and various state-specific tax data.