Massachusetts vs Vermont Taxes: Income, Property & Sales

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

Massachusetts vs Vermont Income Tax Comparison

	Massachusetts	Vermont
Income Tax Rates & Thresholds	5.00%	3.35%: $0-$42,150 6.60%: $42,151-$102,200 7.60%: $102,201-$213,150 8.75%: $213,151+
Median Income	$93,550	$72,190
Income Tax Paid On Median Household Income	$17,806	$11,377
Income After Tax Based on Median Household Income	$75,744	$60,813

Top Accounting Software:

Massachusetts vs Vermont Property Tax Comparison

	Massachusetts	Vermont
Average Property Tax Rate	0.94%	1.43%
Average House Price By State	$608,542	$383,882
Average Property Tax Owed Per Year	$5,720	$5,490
Income After Income Taxes & Property Taxes Based On Median State Household Income	$70,024	$55,323

Massachusetts vs Vermont Sales Tax Comparison

	Massachusetts	Vermont
Average State Sales Tax	6.25%	6.00%
Average Local Sales Tax Across the State	0.00%	0.24%
Average Combined Sales Tax Rate	6.25%	6.24%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,119	$3,249
Maximum Disposable Income Based on Median Household Income	$65,905	$52,074

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

	Massachusetts	Vermont
Income Tax Owed	$4,820	$4,022
After Tax Income	$35,180	$35,978
Income After Income & Property Tax	$29,460	$30,488
Maximum Disposable Income After Income, Property & Sales Taxes	$27,727	$28,698

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

	Massachusetts	Vermont
Income Tax Owed	$8,748	$7,891
After Tax Income	$51,252	$52,109
Income After Income & Property Tax	$45,532	$46,619
Maximum Disposable Income After Income, Property & Sales Taxes	$42,853	$43,881

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

	Massachusetts	Vermont
Income Tax Owed	$14,148	$13,611
After Tax Income	$65,852	$66,389
Income After Income & Property Tax	$60,132	$60,899
Maximum Disposable Income After Income, Property & Sales Taxes	$56,595	$57,323

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

	Massachusetts	Vermont
Income Tax Owed	$19,548	$19,331
After Tax Income	$80,452	$80,669
Income After Income & Property Tax	$74,732	$75,179
Maximum Disposable Income After Income, Property & Sales Taxes	$70,336	$70,764

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

	Massachusetts	Vermont
Income Tax Owed	$13,041	$11,445
After Tax Income	$86,959	$88,555
Income After Income & Property Tax	$81,239	$83,065
Maximum Disposable Income After Income, Property & Sales Taxes	$76,460	$78,187

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

	Massachusetts	Vermont
Income Tax Owed	$25,596	$24,800
After Tax Income	$124,404	$125,200
Income After Income & Property Tax	$118,684	$119,710
Maximum Disposable Income After Income, Property & Sales Taxes	$111,702	$112,679

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

	Massachusetts	Vermont
Income Tax Owed	$39,096	$39,233
After Tax Income	$160,904	$160,767
Income After Income & Property Tax	$155,184	$155,277
Maximum Disposable Income After Income, Property & Sales Taxes	$146,055	$146,157

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

	Massachusetts	Vermont
Income Tax Owed	$53,515	$54,952
After Tax Income	$196,485	$195,048
Income After Income & Property Tax	$190,765	$189,558
Maximum Disposable Income After Income, Property & Sales Taxes	$179,543	$178,425

FAQ

Does Massachusetts or Vermont have lower income taxes?

Massachusetts’s income tax falls into the following range: 5.00%

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 Massachusetts or Vermont have lower property taxes?

Massachusetts has an average property tax rate of 0.94%

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

Does Massachusetts or Vermont have lower sales taxes?

Massachusetts has a state sales tax rate of 6.25% and an average local rate of 0.00% for a combined total rate of 6.25%.

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 Massachusetts or Vermont?

Based on median household income after income, property and sales taxes Massachusetts gives you a maximum amount of disposable income of $65,905

In comparison, Vermont gives you $52,074.

More Comparisons:

Massachusetts vs Wyoming
Indiana vs Missouri
Indiana vs Maryland
Indiana vs Wisconsin
Indiana vs Colorado

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/