Government budget and revenue in Nevada, United States: official figures
Nevada's state government took in $26.2 billion in fiscal year 2024, $8,039 per resident, 11th 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 Nevada state government spend?
The Nevada state government spent $24.5 billion in fiscal year 2024, or $7,536 per resident, 6th lowest of 50 states (all states: $9,444). Spending was 38.0% higher than in fiscal year 2019 ($17.8 billion), before adjusting for inflation.
Source: U.S. Census Bureau · saved copyHow much debt does the Nevada state government have?
Nevada state government debt outstanding was $2.9 billion at the end of fiscal year 2024, $888 per resident, 3rd lowest of 50 states (all states: $3,248). That equals 11% of one year's general revenue; in fiscal year 2019 the debt was $3.3 billion.
Source: U.S. Census Bureau · saved copyHow much federal funding does Nevada get?
The federal government provided $8.3 billion to the Nevada state government in fiscal year 2024, $2,564 per resident and 31.9% of its general revenue, 17th lowest share of 50 states (all states: 34.2%).
Source: U.S. Census Bureau · saved copyWhat are federal funds to Nevada spent on?
Public welfare programmes, mainly Medicaid, accounted for $5.1 billion or 61% of Nevada's federal funds in fiscal year 2024, and education for $900.1 million (11%).
Source: U.S. Census Bureau · saved copyWhat does the Nevada state government spend its money on?
Direct state spending on public welfare was $2,036 per resident in fiscal year 2024, 10th lowest of 50 states (all states: $3,000); higher education took $659 per resident and highways $312.
Source: U.S. Census Bureau · saved copyHow much does Nevada give to local governments and schools?
41.6% of Nevada's state general spending in fiscal year 2024 ($10.2 billion) was paid to other governments, mostly local governments and school districts, the highest share of 50 states (all states: 27.7%).
Source: U.S. Census Bureau · saved copyHow much tax does Nevada collect?
Nevada collected $14.5 billion in state taxes in fiscal year 2025, $4,424 per resident, 19th highest of 50 states (all states: $4,503). That was 3.4% less than in fiscal year 2024 ($15.0 billion); across all states collections rose 4.3%.
Source: U.S. Census Bureau · saved copyWhat taxes does Nevada rely on?
Nevada recorded no individual income tax collections in fiscal year 2025. The general sales tax raised $7.6 billion (52.4%, 6th highest share of 50 states). The largest single tax was the general sales and gross receipts tax (52.4%), followed by the property tax (13.8%).
Source: U.S. Census Bureau · saved copyDoes Nevada have corporate, property or severance taxes?
In fiscal year 2025, in Nevada, no corporate net income tax was collected; state property tax raised $2.0 billion; severance tax on oil, gas, coal and minerals raised $111.8 million (0.8% of state taxes).
Source: U.S. Census Bureau · saved copyHow much money does the Nevada state government hold in reserves?
The Nevada state government held $67.3 billion in cash and securities at the end of fiscal year 2024, $20,675 per resident, of which $64.0 billion was in insurance trust funds such as public employee pension systems.
Source: U.S. Census Bureau · saved copyHow Nevada compares with other states
State government revenue per person (2024)
Nevada ranks 40 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 |
|---|---|---|
| 37 | Ohio | $8,401 |
| 38 | Indiana | $8,305 |
| 39 | Arizona | $8,056 |
| 40 | Nevada | $8,039 |
| 41 | Idaho | $7,958 |
| 42 | North Carolina | $7,883 |
| 43 | Colorado | $7,595 |
State government spending per person (2024)
Nevada ranks 45 of 50, highest first. Total expenditure of the state government divided by 1 July population
| Rank | Region | State government spending per person |
|---|---|---|
| 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 |
| 48 | Texas | $6,740 |
State government debt per person (2024)
Nevada ranks 48 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 |
|---|---|---|
| 44 | Indiana | $1,229 |
| 45 | North Carolina | $1,188 |
| 46 | Missouri | $1,119 |
| 47 | Arizona | $911 |
| 48 | Nevada | $888 |
| 49 | Florida | $866 |
| 50 | Idaho | $364 |
Federal funds received by the state government per person (2024)
Nevada ranks 42 of 50, highest first. Intergovernmental revenue from the federal government
| Rank | Region | Federal funds received by the state government per person |
|---|---|---|
| 39 | Colorado | $2,737 |
| 40 | South Carolina | $2,729 |
| 41 | Wisconsin | $2,571 |
| 42 | Nevada | $2,564 |
| 43 | Virginia | $2,517 |
| 44 | Utah | $2,416 |
| 45 | Kansas | $2,410 |
Federal funds as a share of state general revenue (2024)
Nevada ranks 34 of 50, highest first.
| Rank | Region | Federal funds as a share of state general revenue |
|---|---|---|
| 31 | Texas | 32.9% |
| 32 | South Carolina | 32.8% |
| 33 | Iowa | 32.6% |
| 34 | Nevada | 31.9% |
| 35 | Minnesota | 31.0% |
| 36 | New Mexico | 30.9% |
| 37 | Illinois | 30.4% |
State tax collections per person (2025)
Nevada ranks 19 of 50, highest first.
| Rank | Region | State tax collections per person |
|---|---|---|
| 16 | Maine | $4,889 |
| 17 | Oregon | $4,802 |
| 18 | Virginia | $4,533 |
| 19 | Nevada | $4,424 |
| 20 | Kansas | $4,406 |
| 21 | Idaho | $4,376 |
| 22 | Wyoming | $4,363 |
Individual income tax as a share of state taxes (2025)
Nevada ranks 47 of 50, highest first.
| Rank | Region | Individual income tax as a share of state taxes |
|---|---|---|
| 44 | Tennessee | 0.0% |
| 45 | Texas | 0.0% |
| 46 | Florida | 0.0% |
| 47 | Nevada | 0.0% |
| 48 | South Dakota | 0.0% |
| 49 | Alaska | 0.0% |
| 50 | Wyoming | 0.0% |
General sales tax as a share of state taxes (2025)
Nevada ranks 6 of 50, highest first.
| Rank | Region | General sales tax as a share of state taxes |
|---|---|---|
| 3 | South Dakota | 61.6% |
| 4 | Washington | 59.4% |
| 5 | Tennessee | 57.5% |
| 6 | Nevada | 52.4% |
| 7 | Arizona | 50.7% |
| 8 | Mississippi | 49.4% |
| 9 | Hawaii | 44.9% |
State spending on public welfare per person (2024)
Nevada ranks 41 of 50, highest first. Direct general expenditure on public welfare, mainly Medicaid
| Rank | Region | State spending on public welfare per person |
|---|---|---|
| 38 | Colorado | $2,275 |
| 39 | Tennessee | $2,266 |
| 40 | South Dakota | $2,110 |
| 41 | Nevada | $2,036 |
| 42 | Utah | $1,975 |
| 43 | New Hampshire | $1,939 |
| 44 | Alabama | $1,886 |
More on Nevada: 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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