Maryland vs Vermont Taxes: Income, Property & Sales

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

Maryland vs Vermont Income Tax Comparison

	Maryland	Vermont
Income Tax Rates & Thresholds	2.00%: $0-$1,000 3.00%: $1,001-$2,000 4.00%: $2,001-$3,000 4.75%: $3,001-$100,000 5.00%: $100,001-$125,000 5.25%: $125,001-$150,000 5.50%: $150,001-$250,000 5.75%: $250,001+	3.35%: $0-$42,150 6.60%: $42,151-$102,200 7.60%: $102,201-$213,150 8.75%: $213,151+
Median Income	$108,200	$72,190
Income Tax Paid On Median Household Income	$21,525	$11,377
Income After Tax Based on Median Household Income	$86,675	$60,813

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Maryland vs Vermont Property Tax Comparison

	Maryland	Vermont
Average Property Tax Rate	0.76%	1.43%
Average House Price By State	$416,643	$383,882
Average Property Tax Owed Per Year	$3,166	$5,490
Income After Income Taxes & Property Taxes Based On Median State Household Income	$83,509	$55,323

Maryland vs Vermont Sales Tax Comparison

	Maryland	Vermont
Average State Sales Tax	6.00%	6.00%
Average Local Sales Tax Across the State	0.00%	0.24%
Average Combined Sales Tax Rate	6.00%	6.24%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,727	$3,249
Maximum Disposable Income Based on Median Household Income	$78,782	$52,074

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

	Maryland	Vermont
Income Tax Owed	$4,624	$4,022
After Tax Income	$35,376	$35,978
Income After Income & Property Tax	$32,210	$30,488
Maximum Disposable Income After Income, Property & Sales Taxes	$30,386	$28,698

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

	Maryland	Vermont
Income Tax Owed	$8,502	$7,891
After Tax Income	$51,498	$52,109
Income After Income & Property Tax	$48,332	$46,619
Maximum Disposable Income After Income, Property & Sales Taxes	$45,596	$43,881

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

	Maryland	Vermont
Income Tax Owed	$13,852	$13,611
After Tax Income	$66,148	$66,389
Income After Income & Property Tax	$62,982	$60,899
Maximum Disposable Income After Income, Property & Sales Taxes	$59,417	$57,323

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

	Maryland	Vermont
Income Tax Owed	$19,202	$19,331
After Tax Income	$80,798	$80,669
Income After Income & Property Tax	$77,632	$75,179
Maximum Disposable Income After Income, Property & Sales Taxes	$73,237	$70,764

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

	Maryland	Vermont
Income Tax Owed	$12,651	$11,445
After Tax Income	$87,349	$88,555
Income After Income & Property Tax	$84,183	$83,065
Maximum Disposable Income After Income, Property & Sales Taxes	$79,417	$78,187

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

	Maryland	Vermont
Income Tax Owed	$25,081	$24,800
After Tax Income	$124,919	$125,200
Income After Income & Property Tax	$121,753	$119,710
Maximum Disposable Income After Income, Property & Sales Taxes	$114,861	$112,679

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

	Maryland	Vermont
Income Tax Owed	$38,588	$39,233
After Tax Income	$161,412	$160,767
Income After Income & Property Tax	$158,246	$155,277
Maximum Disposable Income After Income, Property & Sales Taxes	$149,288	$146,157

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

	Maryland	Vermont
Income Tax Owed	$53,167	$54,952
After Tax Income	$196,833	$195,048
Income After Income & Property Tax	$193,667	$189,558
Maximum Disposable Income After Income, Property & Sales Taxes	$182,704	$178,425

FAQ

Does Maryland or Vermont have lower income taxes?

Maryland’s income tax falls into the following range:

• 2.00%: $0-$1,000
• 3.00%: $1,001-$2,000
• 4.00%: $2,001-$3,000
• 4.75%: $3,001-$100,000
• 5.00%: $100,001-$125,000
• 5.25%: $125,001-$150,000
• 5.50%: $150,001-$250,000
• 5.75%: $250,001+

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 Maryland or Vermont have lower property taxes?

Maryland has an average property tax rate of 0.76%

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

Does Maryland or Vermont have lower sales taxes?

Maryland has a state sales tax rate of 6.00% and an average local rate of 0.00% for a combined total rate of 6.00%.

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 Maryland or Vermont?

Based on median household income after income, property and sales taxes Maryland gives you a maximum amount of disposable income of $78,782

In comparison, Vermont gives you $52,074.

More Comparisons:

Maryland vs Wyoming
Wisconsin vs Colorado
Wisconsin vs Minnesota
Wisconsin vs South Carolina
Wisconsin vs Alabama

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/