Does Idaho or Vermont have lower taxes? We answer that in a variety of ways below:
Idaho vs Vermont Income Tax Comparison
Idaho | Vermont | |
Income Tax Rates & Thresholds |
|
|
Median Income | $72,580 | $72,190 |
Income Tax Paid On Median Household Income | $13,701 | $11,377 |
Income After Tax Based on Median Household Income | $58,879 | $60,813 |
Top Accounting Software:
Idaho vs Vermont Property Tax Comparison
Idaho | Vermont | |
Average Property Tax Rate | 0.46% | 1.43% |
Average House Price By State | $443,638 | $383,882 |
Average Property Tax Owed Per Year | $2,041 | $5,490 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $56,838 | $55,323 |
Idaho vs Vermont Sales Tax Comparison
Idaho | Vermont | |
Average State Sales Tax | 6.00% | 6.00% |
Average Local Sales Tax Across the State | 0.02% | 0.24% |
Average Combined Sales Tax Rate | 6.02% | 6.24% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,227 | $3,249 |
Maximum Disposable Income Based on Median Household Income | $53,611 | $52,074 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Idaho | Vermont | |
Income Tax Owed | $4,441 | $4,022 |
After Tax Income | $35,559 | $35,978 |
Income After Income & Property Tax | $33,518 | $30,488 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,615 | $28,698 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Idaho | Vermont | |
Income Tax Owed | $8,568 | $7,891 |
After Tax Income | $51,432 | $52,109 |
Income After Income & Property Tax | $49,391 | $46,619 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,587 | $43,881 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Idaho | Vermont | |
Income Tax Owed | $14,168 | $13,611 |
After Tax Income | $65,832 | $66,389 |
Income After Income & Property Tax | $63,791 | $60,899 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,169 | $57,323 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Idaho | Vermont | |
Income Tax Owed | $19,768 | $19,331 |
After Tax Income | $80,232 | $80,669 |
Income After Income & Property Tax | $78,191 | $75,179 |
Maximum Disposable Income After Income, Property & Sales Taxes | $73,751 | $70,764 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Idaho | Vermont | |
Income Tax Owed | $12,482 | $11,445 |
After Tax Income | $87,518 | $88,555 |
Income After Income & Property Tax | $85,477 | $83,065 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,624 | $78,187 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Idaho | Vermont | |
Income Tax Owed | $25,537 | $24,800 |
After Tax Income | $124,463 | $125,200 |
Income After Income & Property Tax | $122,422 | $119,710 |
Maximum Disposable Income After Income, Property & Sales Taxes | $115,471 | $112,679 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Idaho | Vermont | |
Income Tax Owed | $39,537 | $39,233 |
After Tax Income | $160,463 | $160,767 |
Income After Income & Property Tax | $158,422 | $155,277 |
Maximum Disposable Income After Income, Property & Sales Taxes | $149,427 | $146,157 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Idaho | Vermont | |
Income Tax Owed | $54,456 | $54,952 |
After Tax Income | $195,544 | $195,048 |
Income After Income & Property Tax | $193,503 | $189,558 |
Maximum Disposable Income After Income, Property & Sales Taxes | $182,516 | $178,425 |
FAQ
Does Idaho or Vermont have lower income taxes?
Idaho’s income tax falls into the following range:
- 1.00%: $0-$1,662
- 3.00%: $1,663-$4,987
- 4.50%: $4,988-$8,311
- 6.00%: $8,312+
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 Idaho or Vermont have lower property taxes?
Idaho has an average property tax rate of 0.46%
In comparison, Vermont has an average property tax rate of 1.43%
Does Idaho or Vermont have lower sales taxes?
Idaho has a state sales tax rate of 6.00% and an average local rate of 0.02% for a combined total rate of 6.02%.
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 Idaho or Vermont?
Based on median household income after income, property and sales taxes Idaho gives you a maximum amount of disposable income of $53,611
In comparison, Vermont gives you $52,074.
More Comparisons:
Idaho vs Wyoming
West Virginia vs Hawaii
West Virginia vs New Hampshire
West Virginia vs Maine
West Virginia vs Montana
Sources: