Does Florida or Vermont have lower taxes? We answer that in a variety of ways below:
Florida vs Vermont Income Tax Comparison
Florida | Vermont | |
Income Tax Rates & Thresholds | None |
|
Median Income | $65,370 | $72,190 |
Income Tax Paid On Median Household Income | $7,149 | $11,377 |
Income After Tax Based on Median Household Income | $58,221 | $60,813 |
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Florida vs Vermont Property Tax Comparison
Florida | Vermont | |
Average Property Tax Rate | 0.67% | 1.43% |
Average House Price By State | $406,896 | $383,882 |
Average Property Tax Owed Per Year | $2,726 | $5,490 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $55,495 | $55,323 |
Florida vs Vermont Sales Tax Comparison
Florida | Vermont | |
Average State Sales Tax | 6.00% | 6.00% |
Average Local Sales Tax Across the State | 1.01% | 0.24% |
Average Combined Sales Tax Rate | 7.01% | 6.24% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,635 | $3,249 |
Maximum Disposable Income Based on Median Household Income | $51,859 | $52,074 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Florida | Vermont | |
Income Tax Owed | $3,040 | $4,022 |
After Tax Income | $36,960 | $35,978 |
Income After Income & Property Tax | $34,234 | $30,488 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,991 | $28,698 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Florida | Vermont | |
Income Tax Owed | $5,968 | $7,891 |
After Tax Income | $54,032 | $52,109 |
Income After Income & Property Tax | $51,306 | $46,619 |
Maximum Disposable Income After Income, Property & Sales Taxes | $47,945 | $43,881 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Florida | Vermont | |
Income Tax Owed | $10,368 | $13,611 |
After Tax Income | $69,632 | $66,389 |
Income After Income & Property Tax | $66,906 | $60,899 |
Maximum Disposable Income After Income, Property & Sales Taxes | $62,523 | $57,323 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Florida | Vermont | |
Income Tax Owed | $14,768 | $19,331 |
After Tax Income | $85,232 | $80,669 |
Income After Income & Property Tax | $82,506 | $75,179 |
Maximum Disposable Income After Income, Property & Sales Taxes | $77,101 | $70,764 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Florida | Vermont | |
Income Tax Owed | $8,481 | $11,445 |
After Tax Income | $91,519 | $88,555 |
Income After Income & Property Tax | $88,793 | $83,065 |
Maximum Disposable Income After Income, Property & Sales Taxes | $82,976 | $78,187 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Florida | Vermont | |
Income Tax Owed | $18,536 | $24,800 |
After Tax Income | $131,464 | $125,200 |
Income After Income & Property Tax | $128,738 | $119,710 |
Maximum Disposable Income After Income, Property & Sales Taxes | $120,304 | $112,679 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Florida | Vermont | |
Income Tax Owed | $29,536 | $39,233 |
After Tax Income | $170,464 | $160,767 |
Income After Income & Property Tax | $167,738 | $155,277 |
Maximum Disposable Income After Income, Property & Sales Taxes | $156,750 | $146,157 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Florida | Vermont | |
Income Tax Owed | $41,455 | $54,952 |
After Tax Income | $208,545 | $195,048 |
Income After Income & Property Tax | $205,819 | $189,558 |
Maximum Disposable Income After Income, Property & Sales Taxes | $192,336 | $178,425 |
FAQ
Does Florida or Vermont have lower income taxes?
Florida’s income tax falls into the following range: None
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 Florida or Vermont have lower property taxes?
Florida has an average property tax rate of 0.67%
In comparison, Vermont has an average property tax rate of 1.43%
Does Florida or Vermont have lower sales taxes?
Florida has a state sales tax rate of 6.00% and an average local rate of 1.01% for a combined total rate of 7.01%.
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 Florida or Vermont?
Based on median household income after income, property and sales taxes Florida gives you a maximum amount of disposable income of $51,859
In comparison, Vermont gives you $52,074.
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