Oregon ranks 32nd in the U.S. for most documentary and stock transfer taxes paid in 2023

Tina Kotek, Governor of Oregon
Tina Kotek, Governor of Oregon
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In 2023, Oregon collected $1.5 million in documentary and stock transfer taxes, placing it 32nd among all U.S. states, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

This marked a 60.3% decrease from the $3.9 million generated in the previous year.

For comparison, Florida topped the national rankings in 2023, collecting $4.4 billion in documentary and stock transfer taxes.

The State Government Tax Collections (STC) survey tracks five major tax categories and up to 25 subcategories, gathering data from all 50 state governments and their dependent agencies.

The Census Bureau notes that it defines tax classifications consistently across states, which may differ from how individual states categorize them.

All figures in this article reflect taxes collected by state governments only, based on the STC. They do not include local taxes, such as most property taxes, which make up a significant portion of overall taxes paid by residents.

According to the U.S. Census Bureau, state and local governments collect a wide range of taxes to fund public programs and services. These revenues are typically allocated to areas such as transportation, education, and public safety. In 2024, state tax collections alone amounted to nearly $1.5 trillion nationwide, representing a significant part of overall government operations.

U.S. Documentary and Stock Transfer Taxes by State in 2023
Rank State Amount
1 Florida $4,408,231,000
2 New York $3,326,758,000
3 Washington $1,381,691,000
4 New Jersey $813,613,000
5 Pennsylvania $803,893,000
6 Virginia $560,314,000
7 Michigan $406,915,000
8 Tennessee $400,920,000
9 Massachusetts $386,010,000
10 Connecticut $283,920,000
11 Minnesota $268,839,000
12 Delaware $266,725,000
13 Maryland $219,433,000
14 New Hampshire $205,865,000
15 South Carolina $196,677,000
16 North Carolina $126,153,000
17 Nevada $119,199,000
18 Vermont $108,290,000
19 Wisconsin $98,757,000
20 Illinois $93,479,000
21 Hawaii $92,132,000
22 Arkansas $73,715,000
23 Alabama $57,424,000
24 Maine $52,020,000
25 Oklahoma $30,836,000
26 Iowa $30,410,000
27 Nebraska $24,673,000
28 Rhode Island $16,820,000
29 Missouri $16,160,000
30 West Virginia $12,706,000
31 Kentucky $9,285,000
32 Oregon $1,532,000
33 South Dakota $185,000

Information in this story was obtained from the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC). The source data can be found here.



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