Here's how much Americans pay in taxes over their lifetime. And what you pay in DC, Maryland & Virginia

WASHINGTON - Everyone knows taxes are a big part of life. But a new report shows just how big. A new study by Self Financial says Americans will pay $524,625 in taxes throughout their lifetime.

That’s around a third of all estimated lifetime earnings – or 34.7% of an estimated $1,494,986 on various state and federal taxes.

Taxes paid on wages is where most of it will come from, the study says, with the average American paying $270,414 in a lifetime of income tax.

Property taxes will take off an additional $165,492 - on top of the purchase price and cost of upkeep.

Residents of New Jersey will pay the most in lifetime taxes at $987,117. Residents of West Virginia will pay the least amount, at $358,407.

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How Much Tax Will Residents of Washington, D.C., Maryland, and Virginia Pay Over Their Lifetime?

Washington, D.C. ranks second on the list with the average resident paying $884,820 in lifetime total taxes.

Maryland ranks tenth on the list with the average resident paying $655,454 in total lifetime taxes.

Virginia ranks 14 with the average resident paying $581,874 in total lifetime taxes.

"It is important to understand that this analysis accounts specifically for tax on income and specific expenditure categories: cars, homes, clothing, food/drink, entertainment, and personal care," Self Financial said. "Other potential expenditures that may cause taxes to be paid throughout an individual’s life are not included in this study."

The study also includes a state-by-state breakdown of the average lifetime earnings compared to estimated lifetime taxes, and the percentage of earnings that will go toward tax payments.

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How Much Tax Will Americans Pay Over Their Lifetime?

1. New Jersey $987,117
2. D.C. $884,820
3. Connecticut $855,307
4. Massachusetts $816,700
5. New York $748,199
6. New Hampshire $722,610
7. Rhode Island $684,828
8. Illinois $665,286
9. California $659,224
10. Maryland $655,454
11. Vermont $651,434
12. Washington $631,249
13. Minnesota $589,066
14. Virginia $581,874
15. Maine $581,750
16. Wisconsin $562,204
17. Nebraska $546,354
18. Colorado $540,680
19. Pennsylvania $532,077
20. Texas $531,438
21. Kansas $525,482
22. Iowa $524,580
23. Hawaii $521,966
24. Oregon $521,500
25. Utah $493,368
26. Michigan $487,842
27. Mississippi $481,017
28. Arizona $470,554
29. Missouri $463,997
30. Ohio $453,333
31. North Carolina $450,446
32. Indiana $443,271
33. Nevada $440,737
34. Georgia $426,896
35. North Dakota $422,314
36. Idaho $420,886
37. South Carolina $416,183
38. Kentucky $411,333
39. Montana $406,829
40. Alaska $400,742
41. Wyoming $394,772
42. Delaware $392,091
43. Tennessee $390,663
44. Arkansas $381,758
45. South Dakota $380,130
46. New Mexico $379,638
47. Florida $377,379
48. Oklahoma $371,432
49. Alabama $360,053
50. Louisiana $358,611
51. West Virginia $358,407

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