Does North Carolina or Vermont have lower taxes? We answer that in a variety of ways below:
North Carolina vs Vermont Income Tax Comparison
North Carolina | Vermont | |
Income Tax Rates & Thresholds | 4.99% |
|
Median Income | $65,070 | $72,190 |
Income Tax Paid On Median Household Income | $9,694 | $11,377 |
Income After Tax Based on Median Household Income | $55,376 | $60,813 |
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North Carolina vs Vermont Property Tax Comparison
North Carolina | Vermont | |
Average Property Tax Rate | 0.52% | 1.43% |
Average House Price By State | $321,447 | $383,882 |
Average Property Tax Owed Per Year | $1,672 | $5,490 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $53,704 | $55,323 |
North Carolina vs Vermont Sales Tax Comparison
North Carolina | Vermont | |
Average State Sales Tax | 4.75% | 6.00% |
Average Local Sales Tax Across the State | 2.23% | 0.24% |
Average Combined Sales Tax Rate | 6.98% | 6.24% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,504 | $3,249 |
Maximum Disposable Income Based on Median Household Income | $50,200 | $52,074 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
North Carolina | Vermont | |
Income Tax Owed | $4,400 | $4,022 |
After Tax Income | $35,600 | $35,978 |
Income After Income & Property Tax | $33,928 | $30,488 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,715 | $28,698 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
North Carolina | Vermont | |
Income Tax Owed | $8,326 | $7,891 |
After Tax Income | $51,674 | $52,109 |
Income After Income & Property Tax | $50,002 | $46,619 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,740 | $43,881 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
North Carolina | Vermont | |
Income Tax Owed | $13,724 | $13,611 |
After Tax Income | $66,276 | $66,389 |
Income After Income & Property Tax | $64,604 | $60,899 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,389 | $57,323 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
North Carolina | Vermont | |
Income Tax Owed | $19,122 | $19,331 |
After Tax Income | $80,878 | $80,669 |
Income After Income & Property Tax | $79,206 | $75,179 |
Maximum Disposable Income After Income, Property & Sales Taxes | $74,039 | $70,764 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
North Carolina | Vermont | |
Income Tax Owed | $12,198 | $11,445 |
After Tax Income | $87,802 | $88,555 |
Income After Income & Property Tax | $86,130 | $83,065 |
Maximum Disposable Income After Income, Property & Sales Taxes | $80,511 | $78,187 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
North Carolina | Vermont | |
Income Tax Owed | $24,748 | $24,800 |
After Tax Income | $125,252 | $125,200 |
Income After Income & Property Tax | $123,580 | $119,710 |
Maximum Disposable Income After Income, Property & Sales Taxes | $115,517 | $112,679 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
North Carolina | Vermont | |
Income Tax Owed | $38,243 | $39,233 |
After Tax Income | $161,757 | $160,767 |
Income After Income & Property Tax | $160,085 | $155,277 |
Maximum Disposable Income After Income, Property & Sales Taxes | $149,641 | $146,157 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
North Carolina | Vermont | |
Income Tax Owed | $52,657 | $54,952 |
After Tax Income | $197,343 | $195,048 |
Income After Income & Property Tax | $195,671 | $189,558 |
Maximum Disposable Income After Income, Property & Sales Taxes | $182,905 | $178,425 |
FAQ
Does North Carolina or Vermont have lower income taxes?
North Carolina’s income tax falls into the following range: 4.99%
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 North Carolina or Vermont have lower property taxes?
North Carolina has an average property tax rate of 0.52%
In comparison, Vermont has an average property tax rate of 1.43%
Does North Carolina or Vermont have lower sales taxes?
North Carolina has a state sales tax rate of 4.75% and an average local rate of 2.23% for a combined total rate of 6.98%.
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 North Carolina or Vermont?
Based on median household income after income, property and sales taxes North Carolina gives you a maximum amount of disposable income of $50,200
In comparison, Vermont gives you $52,074.
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