Colorado vs Vermont Taxes: Income, Property & Sales

Does Colorado or Vermont have lower taxes? We answer that in a variety of ways below:

Colorado vs Vermont Income Tax Comparison

	Colorado	Vermont
Income Tax Rates & Thresholds	4.40%	3.35%: $0-$42,150 6.60%: $42,151-$102,200 7.60%: $102,201-$213,150 8.75%: $213,151+
Median Income	$89,930	$72,190
Income Tax Paid On Median Household Income	$16,055	$11,377
Income After Tax Based on Median Household Income	$73,875	$60,813

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Colorado vs Vermont Property Tax Comparison

	Colorado	Vermont
Average Property Tax Rate	0.40%	1.43%
Average House Price By State	$555,300	$383,882
Average Property Tax Owed Per Year	$2,221	$5,490
Income After Income Taxes & Property Taxes Based On Median State Household Income	$71,654	$55,323

Colorado vs Vermont Sales Tax Comparison

	Colorado	Vermont
Average State Sales Tax	2.90%	6.00%
Average Local Sales Tax Across the State	4.87%	0.24%
Average Combined Sales Tax Rate	7.77%	6.24%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$5,166	$3,249
Maximum Disposable Income Based on Median Household Income	$66,488	$52,074

After Tax Comparison Earning $40,000 Per Year Filing As Single

	Colorado	Vermont
Income Tax Owed	$4,271	$4,022
After Tax Income	$35,729	$35,978
Income After Income & Property Tax	$33,508	$30,488
Maximum Disposable Income After Income, Property & Sales Taxes	$31,092	$28,698

After Tax Comparison Earning $60,000 Per Year Filing As Single

	Colorado	Vermont
Income Tax Owed	$8,109	$7,891
After Tax Income	$51,891	$52,109
Income After Income & Property Tax	$49,670	$46,619
Maximum Disposable Income After Income, Property & Sales Taxes	$46,089	$43,881

After Tax Comparison Earning $80,000 Per Year Filing As Single

	Colorado	Vermont
Income Tax Owed	$13,419	$13,611
After Tax Income	$66,581	$66,389
Income After Income & Property Tax	$64,360	$60,899
Maximum Disposable Income After Income, Property & Sales Taxes	$59,720	$57,323

After Tax Comparison Earning $100,000 Per Year Filing As Single

	Colorado	Vermont
Income Tax Owed	$18,729	$19,331
After Tax Income	$81,271	$80,669
Income After Income & Property Tax	$79,050	$75,179
Maximum Disposable Income After Income, Property & Sales Taxes	$73,350	$70,764

After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly

	Colorado	Vermont
Income Tax Owed	$11,852	$11,445
After Tax Income	$88,148	$88,555
Income After Income & Property Tax	$85,927	$83,065
Maximum Disposable Income After Income, Property & Sales Taxes	$79,732	$78,187

After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly

	Colorado	Vermont
Income Tax Owed	$24,182	$24,800
After Tax Income	$125,818	$125,200
Income After Income & Property Tax	$123,597	$119,710
Maximum Disposable Income After Income, Property & Sales Taxes	$114,686	$112,679

After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly

	Colorado	Vermont
Income Tax Owed	$37,457	$39,233
After Tax Income	$162,543	$160,767
Income After Income & Property Tax	$160,322	$155,277
Maximum Disposable Income After Income, Property & Sales Taxes	$148,763	$146,157

After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly

	Colorado	Vermont
Income Tax Owed	$51,651	$54,952
After Tax Income	$198,349	$195,048
Income After Income & Property Tax	$196,128	$189,558
Maximum Disposable Income After Income, Property & Sales Taxes	$181,987	$178,425

FAQ

Does Colorado or Vermont have lower income taxes?

Colorado’s income tax falls into the following range: 4.40%

Whereas Vermont’s income tax is the following

• 3.35%: $0-$42,150
• 6.60%: $42,151-$102,200
• 7.60%: $102,201-$213,150
• 8.75%: $213,151+

Does Colorado or Vermont have lower property taxes?

Colorado has an average property tax rate of 0.40%

In comparison, Vermont has an average property tax rate of 1.43%

Does Colorado or Vermont have lower sales taxes?

Colorado has a state sales tax rate of 2.90% and an average local rate of 4.87% for a combined total rate of 7.77%.

In contrast, Vermont has a state sales tax rate of 6.00% and an average local rate of 0.24% for a combined total rate of 6.24%.

Do you get to keep more money in Colorado or Vermont?

Based on median household income after income, property and sales taxes Colorado gives you a maximum amount of disposable income of $66,488

In comparison, Vermont gives you $52,074.

More Comparisons:

Colorado vs Wyoming
Minnesota vs South Carolina
Minnesota vs Alabama
Minnesota vs Louisiana
Minnesota vs Kentucky

Sources:

https://en.wikipedia.org/wiki/State_income_tax#Rates_by_jurisdiction

https://www.bankrate.com/real-estate/property-tax-by-state/#by-state

https://fred.stlouisfed.org/release/tables?eid=259515&rid=249

https://www.fool.com/the-ascent/research/average-house-price-state/

https://taxfoundation.org/data/all/state/2022-sales-taxes/

https://www.forbes.com/advisor/income-tax-calculator/