27. January 2014 03:48
It’s hard to believe we are just about a month into 2014, with January winding down that means tax season is right around the corner. For most of us we will be waiting for our W-2s in the mail, finding our old recipes and hoping we don’t get audited. While nobody enjoys paying taxes, tax season can be a great time for home improvement projects. Unexpected tax refunds make for a great investment into your home.
While your refund may be about the same every year, have you ever wondered how it compares to the rest of the country? We've put together a map of the average tax refunds throughout the United States. Want to see if your refund is above average, curious about which state has the lowest average refund or which state has the highest percentage of refunds explore the map to find out.
Across all 50 states there was a difference of about $1,000 between the highest average refund and the lowest. The national average was $2,719.52 with Connecticut having the highest at $3,217.71 and Montana having the lowest at $2,322.07. Of the over 140 million tax returns filed just over 83% of them resulted in refunds, and the state with the highest total percentage of refunds was Florida with 87%.
Happy with your tax return? This is the perfect time to consider new additions to your home. From storage sheds to carports, full barns to mudrooms, Probuilt Steel offers a wide range of custom steel buildings for you to chose from. Use our quote toolto get started on your next project today!
Map compiled by Burton Hohman