Government budget and revenue in Massachusetts, United States: official figures
Massachusetts' state government took in $82.6 billion in fiscal year 2024, $11,577 per resident, 10th highest of 50 states per person (all states: $9,318 per person). The total includes taxes, federal funds, charges and pension-fund investment income.
How much does the Massachusetts state government spend?
The Massachusetts state government spent $86.1 billion in fiscal year 2024, or $12,056 per resident, 10th highest of 50 states (all states: $9,444). Spending was 24.4% higher than in fiscal year 2019 ($69.2 billion), before adjusting for inflation.
Source: U.S. Census Bureau · saved copyHow much debt does the Massachusetts state government have?
Massachusetts state government debt outstanding was $65.9 billion at the end of fiscal year 2024, $9,227 per resident, 2nd highest of 50 states (all states: $3,248). That equals 80% of one year's general revenue; in fiscal year 2019 the debt was $78.7 billion.
Source: U.S. Census Bureau · saved copyHow much federal funding does Massachusetts get?
The federal government provided $24.4 billion to the Massachusetts state government in fiscal year 2024, $3,415 per resident and 29.8% of its general revenue, 11th lowest share of 50 states (all states: 34.2%).
Source: U.S. Census Bureau · saved copyWhat are federal funds to Massachusetts spent on?
Public welfare programmes, mainly Medicaid, accounted for $15.4 billion or 63% of Massachusetts' federal funds in fiscal year 2024, and education for $2.7 billion (11%).
Source: U.S. Census Bureau · saved copyWhat does the Massachusetts state government spend its money on?
Direct state spending on public welfare was $4,803 per resident in fiscal year 2024, 3rd highest of 50 states (all states: $3,000); higher education took $904 per resident and highways $381.
Source: U.S. Census Bureau · saved copyHow much does Massachusetts give to local governments and schools?
18.1% of Massachusetts' state general spending in fiscal year 2024 ($14.9 billion) was paid to other governments, mostly local governments and school districts, 6th lowest share of 50 states (all states: 27.7%).
Source: U.S. Census Bureau · saved copyHow much tax does Massachusetts collect?
Massachusetts collected $46.2 billion in state taxes in fiscal year 2025, $6,454 per resident, 9th highest of 50 states (all states: $4,503). That was 7.2% more than in fiscal year 2024 ($43.1 billion); across all states collections rose 4.3%.
Source: U.S. Census Bureau · saved copyWhat taxes does Massachusetts rely on?
The individual income tax raised $24.5 billion (53.0% of state taxes, 2nd highest share of 50 states) in fiscal year 2025. The general sales tax raised $9.7 billion (21.0%, 10th lowest share of 50 states). The largest single tax was the individual income tax (53.0%), followed by the general sales and gross receipts tax (21.0%).
Source: U.S. Census Bureau · saved copyDoes Massachusetts have corporate, property or severance taxes?
In fiscal year 2025, in Massachusetts, corporate net income tax raised $6.4 billion (13.8% of state taxes); state property tax raised $17.8 million; no severance tax on oil, gas, coal and minerals was collected.
Source: U.S. Census Bureau · saved copyHow much money does the Massachusetts state government hold in reserves?
The Massachusetts state government held $90.7 billion in cash and securities at the end of fiscal year 2024, $12,702 per resident, of which $85.4 billion was in insurance trust funds such as public employee pension systems.
Source: U.S. Census Bureau · saved copyHow Massachusetts compares with other states
State government revenue per person (2024)
Massachusetts ranks 10 of 50, highest first. All revenue of the state government, including insurance trust income, divided by 1 July population
| Rank | Region | State government revenue per person |
|---|---|---|
| 7 | New York | $13,131 |
| 8 | Delaware | $12,996 |
| 9 | California | $12,139 |
| 10 | Massachusetts | $11,577 |
| 11 | Oregon | $11,361 |
| 12 | Rhode Island | $11,182 |
| 13 | Minnesota | $10,873 |
State government spending per person (2024)
Massachusetts ranks 10 of 50, highest first. Total expenditure of the state government divided by 1 July population
| Rank | Region | State government spending per person |
|---|---|---|
| 7 | Hawaii | $12,865 |
| 8 | Oregon | $12,574 |
| 9 | North Dakota | $12,154 |
| 10 | Massachusetts | $12,056 |
| 11 | Wyoming | $11,158 |
| 12 | Rhode Island | $11,099 |
| 13 | West Virginia | $10,880 |
State government debt per person (2024)
Massachusetts ranks 2 of 50, highest first. Debt outstanding at the end of the fiscal year divided by 1 July population
| Rank | Region | State government debt per person |
|---|---|---|
| 1 | Rhode Island | $10,277 |
| 2 | Massachusetts | $9,227 |
| 3 | Connecticut | $9,053 |
| 4 | West Virginia | $8,533 |
| 5 | Hawaii | $8,166 |
| 6 | Alaska | $7,768 |
| 7 | North Dakota | $6,163 |
Federal funds received by the state government per person (2024)
Massachusetts ranks 19 of 50, highest first. Intergovernmental revenue from the federal government
| Rank | Region | Federal funds received by the state government per person |
|---|---|---|
| 16 | Arkansas | $3,555 |
| 17 | North Dakota | $3,504 |
| 18 | Oklahoma | $3,477 |
| 19 | Massachusetts | $3,415 |
| 20 | Pennsylvania | $3,410 |
| 21 | Indiana | $3,403 |
| 22 | California | $3,398 |
Federal funds as a share of state general revenue (2024)
Massachusetts ranks 40 of 50, highest first.
| Rank | Region | Federal funds as a share of state general revenue |
|---|---|---|
| 37 | Illinois | 30.4% |
| 38 | Wisconsin | 30.3% |
| 39 | Washington | 30.2% |
| 40 | Massachusetts | 29.8% |
| 41 | New Jersey | 29.8% |
| 42 | Connecticut | 29.6% |
| 43 | Delaware | 28.9% |
State tax collections per person (2025)
Massachusetts ranks 9 of 50, highest first.
| Rank | Region | State tax collections per person |
|---|---|---|
| 6 | Connecticut | $6,711 |
| 7 | New York | $6,563 |
| 8 | Delaware | $6,557 |
| 9 | Massachusetts | $6,454 |
| 10 | Minnesota | $6,327 |
| 11 | New Jersey | $5,662 |
| 12 | Illinois | $5,606 |
Individual income tax as a share of state taxes (2025)
Massachusetts ranks 2 of 50, highest first.
| Rank | Region | Individual income tax as a share of state taxes |
|---|---|---|
| 1 | Oregon | 63.7% |
| 2 | Massachusetts | 53.0% |
| 3 | Montana | 47.7% |
| 4 | Virginia | 47.3% |
| 5 | Georgia | 47.3% |
| 6 | California | 46.8% |
| 7 | New York | 46.6% |
General sales tax as a share of state taxes (2025)
Massachusetts ranks 41 of 50, highest first.
| Rank | Region | General sales tax as a share of state taxes |
|---|---|---|
| 38 | Colorado | 23.2% |
| 39 | Illinois | 22.9% |
| 40 | Maryland | 21.5% |
| 41 | Massachusetts | 21.0% |
| 42 | California | 19.4% |
| 43 | Virginia | 18.8% |
| 44 | New York | 15.5% |
State spending on public welfare per person (2024)
Massachusetts ranks 3 of 50, highest first. Direct general expenditure on public welfare, mainly Medicaid
| Rank | Region | State spending on public welfare per person |
|---|---|---|
| 1 | New Mexico | $5,041 |
| 2 | New York | $4,868 |
| 3 | Massachusetts | $4,803 |
| 4 | Oregon | $4,799 |
| 5 | Kentucky | $4,481 |
| 6 | Alaska | $4,438 |
| 7 | Vermont | $4,164 |
More on Massachusetts: overview · economy and jobs · health · education and schools · poverty and living standards · the United States
Sources
- U.S. Census Bureau: Annual Survey of State Government Finances: State Government Finances, U.S. and States, 2012-2024 (table GS00STATEFIN01, amounts in thousands of dollars), read 23 October 2026 · saved copy (SHA-256 72ff59b48414…)
- U.S. Census Bureau: Annual Survey of State Government Tax Collections: historical database, fiscal years to 2025 (thousands of dollars), read 23 October 2026 · saved copy (SHA-256 bdf560cd3d8f…)
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