Maine vs Vermont Taxes: Income, Property & Sales

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

Maine vs Vermont Income Tax Comparison

	Maine	Vermont
Income Tax Rates & Thresholds	5.80%: $0-$23,000 6.75%: $23,001-$54,450 7.15%: $54,451+	3.35%: $0-$42,150 6.60%: $42,151-$102,200 7.60%: $102,201-$213,150 8.75%: $213,151+
Median Income	$75,160	$72,190
Income Tax Paid On Median Household Income	$12,997	$11,377
Income After Tax Based on Median Household Income	$62,163	$60,813

Top Accounting Software:

Maine vs Vermont Property Tax Comparison

	Maine	Vermont
Average Property Tax Rate	0.89%	1.43%
Average House Price By State	$380,374	$383,882
Average Property Tax Owed Per Year	$3,385	$5,490
Income After Income Taxes & Property Taxes Based On Median State Household Income	$58,778	$55,323

Maine vs Vermont Sales Tax Comparison

	Maine	Vermont
Average State Sales Tax	5.50%	6.00%
Average Local Sales Tax Across the State	0.00%	0.24%
Average Combined Sales Tax Rate	5.50%	6.24%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$3,064	$3,249
Maximum Disposable Income Based on Median Household Income	$55,713	$52,074

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

	Maine	Vermont
Income Tax Owed	$4,351	$4,022
After Tax Income	$35,649	$35,978
Income After Income & Property Tax	$32,264	$30,488
Maximum Disposable Income After Income, Property & Sales Taxes	$30,582	$28,698

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

	Maine	Vermont
Income Tax Owed	$8,625	$7,891
After Tax Income	$51,375	$52,109
Income After Income & Property Tax	$47,990	$46,619
Maximum Disposable Income After Income, Property & Sales Taxes	$45,488	$43,881

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

	Maine	Vermont
Income Tax Owed	$14,407	$13,611
After Tax Income	$65,593	$66,389
Income After Income & Property Tax	$62,208	$60,899
Maximum Disposable Income After Income, Property & Sales Taxes	$58,965	$57,323

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

	Maine	Vermont
Income Tax Owed	$20,237	$19,331
After Tax Income	$79,763	$80,669
Income After Income & Property Tax	$76,378	$75,179
Maximum Disposable Income After Income, Property & Sales Taxes	$72,396	$70,764

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

	Maine	Vermont
Income Tax Owed	$12,445	$11,445
After Tax Income	$87,555	$88,555
Income After Income & Property Tax	$84,170	$83,065
Maximum Disposable Income After Income, Property & Sales Taxes	$79,782	$78,187

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

	Maine	Vermont
Income Tax Owed	$25,900	$24,800
After Tax Income	$124,100	$125,200
Income After Income & Property Tax	$120,715	$119,710
Maximum Disposable Income After Income, Property & Sales Taxes	$114,421	$112,679

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

	Maine	Vermont
Income Tax Owed	$40,475	$39,233
After Tax Income	$159,525	$160,767
Income After Income & Property Tax	$156,140	$155,277
Maximum Disposable Income After Income, Property & Sales Taxes	$148,000	$146,157

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

	Maine	Vermont
Income Tax Owed	$55,969	$54,952
After Tax Income	$194,031	$195,048
Income After Income & Property Tax	$190,646	$189,558
Maximum Disposable Income After Income, Property & Sales Taxes	$180,707	$178,425

FAQ

Does Maine or Vermont have lower income taxes?

Maine’s income tax falls into the following range:

• 5.80%: $0-$23,000
• 6.75%: $23,001-$54,450
• 7.15%: $54,451+

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 Maine or Vermont have lower property taxes?

Maine has an average property tax rate of 0.89%

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

Does Maine or Vermont have lower sales taxes?

Maine has a state sales tax rate of 5.50% and an average local rate of 0.00% for a combined total rate of 5.50%.

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 Maine or Vermont?

Based on median household income after income, property and sales taxes Maine gives you a maximum amount of disposable income of $55,713

In comparison, Vermont gives you $52,074.

More Comparisons:

Maine vs Wyoming
Montana vs Rhode Island
Montana vs Delaware
Montana vs South Dakota
Montana vs North Dakota

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/