Government budget and revenue in Missouri, United States: official figures
Missouri's state government took in $46.1 billion in fiscal year 2024, $7,376 per resident, 7th lowest 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 Missouri state government spend?
The Missouri state government spent $47.4 billion in fiscal year 2024, or $7,584 per resident, 7th lowest of 50 states (all states: $9,444). Spending was 31.8% higher than in fiscal year 2019 ($35.9 billion), before adjusting for inflation.
Source: U.S. Census Bureau · saved copyHow much debt does the Missouri state government have?
Missouri state government debt outstanding was $7.0 billion at the end of fiscal year 2024, $1,119 per resident, 5th lowest of 50 states (all states: $3,248). That equals 15% of one year's general revenue; in fiscal year 2019 the debt was $18.1 billion.
Source: U.S. Census Bureau · saved copyHow much federal funding does Missouri get?
The federal government provided $19.9 billion to the Missouri state government in fiscal year 2024, $3,188 per resident and 43.2% of its general revenue, 6th highest share of 50 states (all states: 34.2%).
Source: U.S. Census Bureau · saved copyWhat are federal funds to Missouri spent on?
Public welfare programmes, mainly Medicaid, accounted for $11.3 billion or 57% of Missouri's federal funds in fiscal year 2024, and education for $2.9 billion (15%).
Source: U.S. Census Bureau · saved copyWhat does the Missouri state government spend its money on?
Direct state spending on public welfare was $2,510 per resident in fiscal year 2024, 19th lowest of 50 states (all states: $3,000); higher education took $679 per resident and highways $409.
Source: U.S. Census Bureau · saved copyHow much does Missouri give to local governments and schools?
18.6% of Missouri's state general spending in fiscal year 2024 ($8.8 billion) was paid to other governments, mostly local governments and school districts, 9th lowest share of 50 states (all states: 27.7%).
Source: U.S. Census Bureau · saved copyHow much tax does Missouri collect?
Missouri collected $18.0 billion in state taxes in fiscal year 2025, $2,871 per resident, 5th lowest of 50 states (all states: $4,503). That was 1.2% more than in fiscal year 2024 ($17.8 billion); across all states collections rose 4.3%.
Source: U.S. Census Bureau · saved copyWhat taxes does Missouri rely on?
The individual income tax raised $7.8 billion (43.2% of state taxes, 10th highest share of 50 states) in fiscal year 2025. The general sales tax raised $5.4 billion (29.7%, 23rd lowest share of 50 states). The largest single tax was the individual income tax (43.2%), followed by the general sales and gross receipts tax (29.7%).
Source: U.S. Census Bureau · saved copyDoes Missouri have corporate, property or severance taxes?
In fiscal year 2025, in Missouri, corporate net income tax raised $1.6 billion (8.8% of state taxes); state property tax raised $47.5 million; no severance tax on oil, gas, coal and minerals was collected.
Source: U.S. Census Bureau · saved copyHow much money does the Missouri state government hold in reserves?
The Missouri state government held $93.9 billion in cash and securities at the end of fiscal year 2024, $15,045 per resident, of which $91.7 billion was in insurance trust funds such as public employee pension systems.
Source: U.S. Census Bureau · saved copyHow Missouri compares with other states
State government revenue per person (2024)
Missouri ranks 44 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 |
|---|---|---|
| 41 | Idaho | $7,958 |
| 42 | North Carolina | $7,883 |
| 43 | Colorado | $7,595 |
| 44 | Missouri | $7,376 |
| 45 | South Dakota | $7,353 |
| 46 | New Hampshire | $7,194 |
| 47 | Tennessee | $6,833 |
State government spending per person (2024)
Missouri ranks 44 of 50, highest first. Total expenditure of the state government divided by 1 July population
| Rank | Region | State government spending per person |
|---|---|---|
| 41 | Montana | $7,942 |
| 42 | South Dakota | $7,895 |
| 43 | New Hampshire | $7,601 |
| 44 | Missouri | $7,584 |
| 45 | Nevada | $7,536 |
| 46 | Idaho | $7,346 |
| 47 | Tennessee | $6,829 |
State government debt per person (2024)
Missouri ranks 46 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 |
|---|---|---|
| 43 | Tennessee | $1,245 |
| 44 | Indiana | $1,229 |
| 45 | North Carolina | $1,188 |
| 46 | Missouri | $1,119 |
| 47 | Arizona | $911 |
| 48 | Nevada | $888 |
| 49 | Florida | $866 |
Federal funds received by the state government per person (2024)
Missouri ranks 30 of 50, highest first. Intergovernmental revenue from the federal government
| Rank | Region | Federal funds received by the state government per person |
|---|---|---|
| 27 | Maryland | $3,263 |
| 28 | Ohio | $3,236 |
| 29 | Iowa | $3,219 |
| 30 | Missouri | $3,188 |
| 31 | Connecticut | $3,157 |
| 32 | New Jersey | $3,125 |
| 33 | South Dakota | $3,058 |
Federal funds as a share of state general revenue (2024)
Missouri ranks 6 of 50, highest first.
| Rank | Region | Federal funds as a share of state general revenue |
|---|---|---|
| 3 | Arizona | 45.3% |
| 4 | Kentucky | 44.3% |
| 5 | Montana | 43.8% |
| 6 | Missouri | 43.2% |
| 7 | Mississippi | 42.0% |
| 8 | South Dakota | 41.6% |
| 9 | Indiana | 41.0% |
State tax collections per person (2025)
Missouri ranks 46 of 50, highest first.
| Rank | Region | State tax collections per person |
|---|---|---|
| 43 | Oklahoma | $3,164 |
| 44 | Georgia | $3,040 |
| 45 | South Dakota | $2,874 |
| 46 | Missouri | $2,871 |
| 47 | Texas | $2,836 |
| 48 | Florida | $2,709 |
| 49 | New Hampshire | $2,383 |
Individual income tax as a share of state taxes (2025)
Missouri ranks 10 of 50, highest first.
| Rank | Region | Individual income tax as a share of state taxes |
|---|---|---|
| 7 | New York | 46.6% |
| 8 | Connecticut | 45.3% |
| 9 | Colorado | 43.5% |
| 10 | Missouri | 43.2% |
| 11 | Utah | 42.8% |
| 12 | North Carolina | 42.1% |
| 13 | Wisconsin | 40.4% |
General sales tax as a share of state taxes (2025)
Missouri ranks 28 of 50, highest first.
| Rank | Region | General sales tax as a share of state taxes |
|---|---|---|
| 25 | North Carolina | 30.9% |
| 26 | Rhode Island | 30.6% |
| 27 | New Mexico | 30.3% |
| 28 | Missouri | 29.7% |
| 29 | Pennsylvania | 28.5% |
| 30 | New Jersey | 27.4% |
| 31 | Alabama | 27.2% |
State spending on public welfare per person (2024)
Missouri ranks 32 of 50, highest first. Direct general expenditure on public welfare, mainly Medicaid
| Rank | Region | State spending on public welfare per person |
|---|---|---|
| 29 | Virginia | $2,685 |
| 30 | North Dakota | $2,638 |
| 31 | Montana | $2,551 |
| 32 | Missouri | $2,510 |
| 33 | Nebraska | $2,478 |
| 34 | Washington | $2,475 |
| 35 | Michigan | $2,416 |
More on Missouri: 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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