Does Indiana or Vermont have lower taxes? We answer that in a variety of ways below:
Indiana vs Vermont Income Tax Comparison
Indiana | Vermont | |
Income Tax Rates & Thresholds | 3.23% |
|
Median Income | $70,030 | $72,190 |
Income Tax Paid On Median Household Income | $10,404 | $11,377 |
Income After Tax Based on Median Household Income | $59,626 | $60,813 |
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Indiana vs Vermont Property Tax Comparison
Indiana | Vermont | |
Average Property Tax Rate | 0.74% | 1.43% |
Average House Price By State | $232,390 | $383,882 |
Average Property Tax Owed Per Year | $1,720 | $5,490 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $57,906 | $55,323 |
Indiana vs Vermont Sales Tax Comparison
Indiana | Vermont | |
Average State Sales Tax | 7.00% | 6.00% |
Average Local Sales Tax Across the State | 0.00% | 0.24% |
Average Combined Sales Tax Rate | 7.00% | 6.24% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,788 | $3,249 |
Maximum Disposable Income Based on Median Household Income | $54,118 | $52,074 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Indiana | Vermont | |
Income Tax Owed | $4,300 | $4,022 |
After Tax Income | $35,700 | $35,978 |
Income After Income & Property Tax | $33,980 | $30,488 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,757 | $28,698 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Indiana | Vermont | |
Income Tax Owed | $7,873 | $7,891 |
After Tax Income | $52,127 | $52,109 |
Income After Income & Property Tax | $50,407 | $46,619 |
Maximum Disposable Income After Income, Property & Sales Taxes | $47,110 | $43,881 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Indiana | Vermont | |
Income Tax Owed | $12,919 | $13,611 |
After Tax Income | $67,081 | $66,389 |
Income After Income & Property Tax | $65,361 | $60,899 |
Maximum Disposable Income After Income, Property & Sales Taxes | $61,085 | $57,323 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Indiana | Vermont | |
Income Tax Owed | $17,965 | $19,331 |
After Tax Income | $82,035 | $80,669 |
Income After Income & Property Tax | $80,315 | $75,179 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,061 | $70,764 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Indiana | Vermont | |
Income Tax Owed | $11,646 | $11,445 |
After Tax Income | $88,354 | $88,555 |
Income After Income & Property Tax | $86,634 | $83,065 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,967 | $78,187 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Indiana | Vermont | |
Income Tax Owed | $23,316 | $24,800 |
After Tax Income | $126,684 | $125,200 |
Income After Income & Property Tax | $124,964 | $119,710 |
Maximum Disposable Income After Income, Property & Sales Taxes | $116,789 | $112,679 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Indiana | Vermont | |
Income Tax Owed | $35,931 | $39,233 |
After Tax Income | $164,069 | $160,767 |
Income After Income & Property Tax | $162,349 | $155,277 |
Maximum Disposable Income After Income, Property & Sales Taxes | $151,728 | $146,157 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Indiana | Vermont | |
Income Tax Owed | $49,465 | $54,952 |
After Tax Income | $200,535 | $195,048 |
Income After Income & Property Tax | $198,815 | $189,558 |
Maximum Disposable Income After Income, Property & Sales Taxes | $185,809 | $178,425 |
FAQ
Does Indiana or Vermont have lower income taxes?
Indiana’s income tax falls into the following range: 3.23%
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 Indiana or Vermont have lower property taxes?
Indiana has an average property tax rate of 0.74%
In comparison, Vermont has an average property tax rate of 1.43%
Does Indiana or Vermont have lower sales taxes?
Indiana has a state sales tax rate of 7.00% and an average local rate of 0.00% for a combined total rate of 7.00%.
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 Indiana or Vermont?
Based on median household income after income, property and sales taxes Indiana gives you a maximum amount of disposable income of $54,118
In comparison, Vermont gives you $52,074.
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