Illinois vs Vermont Taxes: Income, Property & Sales

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

Illinois vs Vermont Income Tax Comparison

	Illinois	Vermont
Income Tax Rates & Thresholds	4.95%	3.35%: $0-$42,150 6.60%: $42,151-$102,200 7.60%: $102,201-$213,150 8.75%: $213,151+
Median Income	$78,020	$72,190
Income Tax Paid On Median Household Income	$13,677	$11,377
Income After Tax Based on Median Household Income	$64,343	$60,813

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Illinois vs Vermont Property Tax Comparison

	Illinois	Vermont
Average Property Tax Rate	1.78%	1.43%
Average House Price By State	$254,128	$383,882
Average Property Tax Owed Per Year	$4,523	$5,490
Income After Income Taxes & Property Taxes Based On Median State Household Income	$59,820	$55,323

Illinois vs Vermont Sales Tax Comparison

	Illinois	Vermont
Average State Sales Tax	6.25%	6.00%
Average Local Sales Tax Across the State	2.56%	0.24%
Average Combined Sales Tax Rate	8.81%	6.24%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,843	$3,249
Maximum Disposable Income Based on Median Household Income	$54,976	$52,074

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

	Illinois	Vermont
Income Tax Owed	$4,903	$4,022
After Tax Income	$35,097	$35,978
Income After Income & Property Tax	$30,574	$30,488
Maximum Disposable Income After Income, Property & Sales Taxes	$28,098	$28,698

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

	Illinois	Vermont
Income Tax Owed	$8,820	$7,891
After Tax Income	$51,180	$52,109
Income After Income & Property Tax	$46,657	$46,619
Maximum Disposable Income After Income, Property & Sales Taxes	$42,879	$43,881

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

	Illinois	Vermont
Income Tax Owed	$14,210	$13,611
After Tax Income	$65,790	$66,389
Income After Income & Property Tax	$61,267	$60,899
Maximum Disposable Income After Income, Property & Sales Taxes	$56,306	$57,323

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

	Illinois	Vermont
Income Tax Owed	$19,600	$19,331
After Tax Income	$80,400	$80,669
Income After Income & Property Tax	$75,877	$75,179
Maximum Disposable Income After Income, Property & Sales Taxes	$69,733	$70,764

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

	Illinois	Vermont
Income Tax Owed	$13,196	$11,445
After Tax Income	$86,804	$88,555
Income After Income & Property Tax	$82,281	$83,065
Maximum Disposable Income After Income, Property & Sales Taxes	$75,619	$78,187

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

	Illinois	Vermont
Income Tax Owed	$25,726	$24,800
After Tax Income	$124,274	$125,200
Income After Income & Property Tax	$119,751	$119,710
Maximum Disposable Income After Income, Property & Sales Taxes	$110,055	$112,679

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

	Illinois	Vermont
Income Tax Owed	$39,201	$39,233
After Tax Income	$160,799	$160,767
Income After Income & Property Tax	$156,276	$155,277
Maximum Disposable Income After Income, Property & Sales Taxes	$143,622	$146,157

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

	Illinois	Vermont
Income Tax Owed	$53,595	$54,952
After Tax Income	$196,405	$195,048
Income After Income & Property Tax	$191,882	$189,558
Maximum Disposable Income After Income, Property & Sales Taxes	$176,345	$178,425

FAQ

Does Illinois or Vermont have lower income taxes?

Illinois’s income tax falls into the following range: 4.95%

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 Illinois or Vermont have lower property taxes?

Illinois has an average property tax rate of 1.78%

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

Does Illinois or Vermont have lower sales taxes?

Illinois has a state sales tax rate of 6.25% and an average local rate of 2.56% for a combined total rate of 8.81%.

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 Illinois or Vermont?

Based on median household income after income, property and sales taxes Illinois gives you a maximum amount of disposable income of $54,976

In comparison, Vermont gives you $52,074.

More Comparisons:

Illinois vs Wyoming
Ohio vs Georgia
Ohio vs North Carolina
Ohio vs Michigan
Ohio vs New Jersey

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/