Does Connecticut or Vermont have lower taxes? We answer that in a variety of ways below:
Connecticut vs Vermont Income Tax Comparison
Connecticut | Vermont | |
Income Tax Rates & Thresholds |
|
|
Median Income | $90,730 | $72,190 |
Income Tax Paid On Median Household Income | $16,444 | $11,377 |
Income After Tax Based on Median Household Income | $74,286 | $60,813 |
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Connecticut vs Vermont Property Tax Comparison
Connecticut | Vermont | |
Average Property Tax Rate | 1.57% | 1.43% |
Average House Price By State | $401,285 | $383,882 |
Average Property Tax Owed Per Year | $6,300 | $5,490 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $67,986 | $55,323 |
Connecticut vs Vermont Sales Tax Comparison
Connecticut | Vermont | |
Average State Sales Tax | 6.35% | 6.00% |
Average Local Sales Tax Across the State | 0.00% | 0.24% |
Average Combined Sales Tax Rate | 6.35% | 6.24% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,059 | $3,249 |
Maximum Disposable Income Based on Median Household Income | $63,926 | $52,074 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Connecticut | Vermont | |
Income Tax Owed | $4,090 | $4,022 |
After Tax Income | $35,910 | $35,978 |
Income After Income & Property Tax | $29,610 | $30,488 |
Maximum Disposable Income After Income, Property & Sales Taxes | $27,842 | $28,698 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Connecticut | Vermont | |
Income Tax Owed | $8,018 | $7,891 |
After Tax Income | $51,982 | $52,109 |
Income After Income & Property Tax | $45,682 | $46,619 |
Maximum Disposable Income After Income, Property & Sales Taxes | $42,954 | $43,881 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Connecticut | Vermont | |
Income Tax Owed | $13,493 | $13,611 |
After Tax Income | $66,507 | $66,389 |
Income After Income & Property Tax | $60,207 | $60,899 |
Maximum Disposable Income After Income, Property & Sales Taxes | $56,612 | $57,323 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Connecticut | Vermont | |
Income Tax Owed | $18,993 | $19,331 |
After Tax Income | $81,007 | $80,669 |
Income After Income & Property Tax | $74,707 | $75,179 |
Maximum Disposable Income After Income, Property & Sales Taxes | $70,246 | $70,764 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Connecticut | Vermont | |
Income Tax Owed | $11,881 | $11,445 |
After Tax Income | $88,119 | $88,555 |
Income After Income & Property Tax | $81,819 | $83,065 |
Maximum Disposable Income After Income, Property & Sales Taxes | $76,934 | $78,187 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Connecticut | Vermont | |
Income Tax Owed | $24,566 | $24,800 |
After Tax Income | $125,434 | $125,200 |
Income After Income & Property Tax | $119,134 | $119,710 |
Maximum Disposable Income After Income, Property & Sales Taxes | $112,021 | $112,679 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Connecticut | Vermont | |
Income Tax Owed | $38,316 | $39,233 |
After Tax Income | $161,684 | $160,767 |
Income After Income & Property Tax | $155,384 | $155,277 |
Maximum Disposable Income After Income, Property & Sales Taxes | $146,106 | $146,157 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Connecticut | Vermont | |
Income Tax Owed | $53,115 | $54,952 |
After Tax Income | $196,885 | $195,048 |
Income After Income & Property Tax | $190,585 | $189,558 |
Maximum Disposable Income After Income, Property & Sales Taxes | $179,205 | $178,425 |
FAQ
Does Connecticut or Vermont have lower income taxes?
Connecticut’s income tax falls into the following range:
- 3.00%: $0-$10,000
- 5.00%: $10,000-$50,000
- 5.50%: $50,001-$100,000
- 6.00%: $100,001-$200,000
- 6.50%: $200,001-$250,000
- 6.90%: $250,001-$500,000
- 6.99%: $500,001+
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 Connecticut or Vermont have lower property taxes?
Connecticut has an average property tax rate of 1.57%
In comparison, Vermont has an average property tax rate of 1.43%
Does Connecticut or Vermont have lower sales taxes?
Connecticut has a state sales tax rate of 6.35% and an average local rate of 0.00% for a combined total rate of 6.35%.
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 Connecticut or Vermont?
Based on median household income after income, property and sales taxes Connecticut gives you a maximum amount of disposable income of $63,926
In comparison, Vermont gives you $52,074.
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