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Saturday, February 22, 2025

Q4 2022: New Hampshire's combined tax revenues down 5.8% since Q3 2022

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Lindsey M. Stepp, Commissioner of Revenue | New Hampshire Department of Revenue Administration

Lindsey M. Stepp, Commissioner of Revenue | New Hampshire Department of Revenue Administration

New Hampshire collected $580 million in total tax revenues during the fourth quarter of 2022, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

These tax revenues stem from various sources, including property tax, sales and gross receipts tax, licenses, income tax, and miscellaneous tax.

The majority of the state’s tax revenue was collected through alcoholic beverages sales tax ($217 million) and income taxes ($187 million).

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Q4 2022 New Hampshire Tax Collections
Type of TaxAmount (millions)
Sales and Gross Receipts Taxes$217
Income Taxes$187
License Taxes$103
Other Taxes$64
Property Taxes$10

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