New York Eats More Of Your Paycheck Than Any Other State: Study

NEW YORK — There's a reason New Yorkers might be shocked when they see how little of their salaries actually goes in their pockets. The Empire State has the nation's heftiest tax burden, meaning it takes a bigger bite out of workers' earnings than any other state, a new WalletHub study shows.

The personal finance website compared property, income and sales and excise taxes as a share of personal income across the 50 states to determine which ones tax their residents most heavily.

New Yorkers have to put 12.97 percent of their income toward state and local taxes, a figure that well outpaces second-place Hawaii's burden of 11.71 percent, according the study published Tuesday.

Individual income taxes alone eat up 4.81 percent of New Yorkers' earnings, which is also the nation's highest burden in that category, the study shows. Another 4.57 percent goes to property taxes and 3.59 percent goes to sales and excise taxes, WalletHub found.

Several other northeastern states also placed in the top 10, including Maine, Vermont, Rhode Island, New Jersey and Connecticut.

While WalletHub says Alaska has the nation's smallest tax burden, New Yorkers wouldn't have to make a huge move to fork over less of their cash to the government. Taxes eat up just 5.55 percent of one's earnings in nearby Delaware, which ranks 49th on the list.

Here are the 10 states with the biggest tax burdens, according to WalletHub. Read the full study here.

1. New York — 12.97 percent
2. Hawaii — 11.71 percent
3. Maine — 10.84 percent
4. Vermont — 10.77 percent
5. Minnesota — 10.25 percent
6. Rhode Island — 10.2 percent
7. New Jersey — 9.86 percent
8. Connecticut — 9.7 percent
9. Illinois — 9.67 percent
10. Iowa — 9.49 percent