New Hampshire vs Vermont Taxes: Income, Property & Sales

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

New Hampshire vs Vermont Income Tax Comparison

	New Hampshire	Vermont
Income Tax Rates & Thresholds	5% on interest and dividends only	3.35%: $0-$42,150 6.60%: $42,151-$102,200 7.60%: $102,201-$213,150 8.75%: $213,151+
Median Income	$84,970	$72,190
Income Tax Paid On Median Household Income	$11,461	$11,377
Income After Tax Based on Median Household Income	$73,509	$60,813

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New Hampshire vs Vermont Property Tax Comparison

	New Hampshire	Vermont
Average Property Tax Rate	1.28%	1.43%
Average House Price By State	$467,775	$383,882
Average Property Tax Owed Per Year	$5,988	$5,490
Income After Income Taxes & Property Taxes Based On Median State Household Income	$67,521	$55,323

New Hampshire vs Vermont Sales Tax Comparison

	New Hampshire	Vermont
Average State Sales Tax	0.00%	6.00%
Average Local Sales Tax Across the State	0.00%	0.24%
Average Combined Sales Tax Rate	0.00%	6.24%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$0	$3,249
Maximum Disposable Income Based on Median Household Income	$67,521	$52,074

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

	New Hampshire	Vermont
Income Tax Owed	$3,040	$4,022
After Tax Income	$36,960	$35,978
Income After Income & Property Tax	$30,972	$30,488
Maximum Disposable Income After Income, Property & Sales Taxes	$30,972	$28,698

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

	New Hampshire	Vermont
Income Tax Owed	$5,968	$7,891
After Tax Income	$54,032	$52,109
Income After Income & Property Tax	$48,044	$46,619
Maximum Disposable Income After Income, Property & Sales Taxes	$48,044	$43,881

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

	New Hampshire	Vermont
Income Tax Owed	$10,368	$13,611
After Tax Income	$69,632	$66,389
Income After Income & Property Tax	$63,644	$60,899
Maximum Disposable Income After Income, Property & Sales Taxes	$63,644	$57,323

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

	New Hampshire	Vermont
Income Tax Owed	$14,768	$19,331
After Tax Income	$85,232	$80,669
Income After Income & Property Tax	$79,244	$75,179
Maximum Disposable Income After Income, Property & Sales Taxes	$79,244	$70,764

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

	New Hampshire	Vermont
Income Tax Owed	$8,481	$11,445
After Tax Income	$91,519	$88,555
Income After Income & Property Tax	$85,531	$83,065
Maximum Disposable Income After Income, Property & Sales Taxes	$85,531	$78,187

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

	New Hampshire	Vermont
Income Tax Owed	$18,536	$24,800
After Tax Income	$131,464	$125,200
Income After Income & Property Tax	$125,476	$119,710
Maximum Disposable Income After Income, Property & Sales Taxes	$125,476	$112,679

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

	New Hampshire	Vermont
Income Tax Owed	$29,536	$39,233
After Tax Income	$170,464	$160,767
Income After Income & Property Tax	$164,476	$155,277
Maximum Disposable Income After Income, Property & Sales Taxes	$164,476	$146,157

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

	New Hampshire	Vermont
Income Tax Owed	$41,455	$54,952
After Tax Income	$208,545	$195,048
Income After Income & Property Tax	$202,557	$189,558
Maximum Disposable Income After Income, Property & Sales Taxes	$202,557	$178,425

FAQ

Does New Hampshire or Vermont have lower income taxes?

New Hampshire’s income tax falls into the following range: 5% on interest and dividends only

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 New Hampshire or Vermont have lower property taxes?

New Hampshire has an average property tax rate of 1.28%

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

Does New Hampshire or Vermont have lower sales taxes?

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

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 New Hampshire or Vermont?

Based on median household income after income, property and sales taxes New Hampshire gives you a maximum amount of disposable income of $67,521

In comparison, Vermont gives you $52,074.

More Comparisons:

New Hampshire vs Wyoming
Maine vs Montana
Maine vs Rhode Island
Maine vs Delaware
Maine vs South 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/