Rhode Island vs Vermont Taxes: Income, Property & Sales

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

Rhode Island vs Vermont Income Tax Comparison

	Rhode Island	Vermont
Income Tax Rates & Thresholds	3.75%: $0-$68,200 4.75%: $68,201-$155,050 5.99%: $155,051+	3.35%: $0-$42,150 6.60%: $42,151-$102,200 7.60%: $102,201-$213,150 8.75%: $213,151+
Median Income	$80,650	$72,190
Income Tax Paid On Median Household Income	$13,023	$11,377
Income After Tax Based on Median Household Income	$67,627	$60,813

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Rhode Island vs Vermont Property Tax Comparison

	Rhode Island	Vermont
Average Property Tax Rate	1.01%	1.43%
Average House Price By State	$442,945	$383,882
Average Property Tax Owed Per Year	$4,474	$5,490
Income After Income Taxes & Property Taxes Based On Median State Household Income	$63,153	$55,323

Rhode Island vs Vermont Sales Tax Comparison

	Rhode Island	Vermont
Average State Sales Tax	7.00%	6.00%
Average Local Sales Tax Across the State	0.00%	0.24%
Average Combined Sales Tax Rate	7.00%	6.24%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,132	$3,249
Maximum Disposable Income Based on Median Household Income	$59,022	$52,074

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

	Rhode Island	Vermont
Income Tax Owed	$4,029	$4,022
After Tax Income	$35,971	$35,978
Income After Income & Property Tax	$31,497	$30,488
Maximum Disposable Income After Income, Property & Sales Taxes	$29,437	$28,698

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

	Rhode Island	Vermont
Income Tax Owed	$7,706	$7,891
After Tax Income	$52,294	$52,109
Income After Income & Property Tax	$47,820	$46,619
Maximum Disposable Income After Income, Property & Sales Taxes	$44,692	$43,881

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

	Rhode Island	Vermont
Income Tax Owed	$12,856	$13,611
After Tax Income	$67,144	$66,389
Income After Income & Property Tax	$62,670	$60,899
Maximum Disposable Income After Income, Property & Sales Taxes	$58,570	$57,323

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

	Rhode Island	Vermont
Income Tax Owed	$18,187	$19,331
After Tax Income	$81,813	$80,669
Income After Income & Property Tax	$77,339	$75,179
Maximum Disposable Income After Income, Property & Sales Taxes	$72,280	$70,764

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

	Rhode Island	Vermont
Income Tax Owed	$11,252	$11,445
After Tax Income	$88,748	$88,555
Income After Income & Property Tax	$84,274	$83,065
Maximum Disposable Income After Income, Property & Sales Taxes	$78,761	$78,187

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

	Rhode Island	Vermont
Income Tax Owed	$23,682	$24,800
After Tax Income	$126,318	$125,200
Income After Income & Property Tax	$121,844	$119,710
Maximum Disposable Income After Income, Property & Sales Taxes	$113,873	$112,679

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

	Rhode Island	Vermont
Income Tax Owed	$37,276	$39,233
After Tax Income	$162,724	$160,767
Income After Income & Property Tax	$158,250	$155,277
Maximum Disposable Income After Income, Property & Sales Taxes	$147,897	$146,157

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

	Rhode Island	Vermont
Income Tax Owed	$52,190	$54,952
After Tax Income	$197,810	$195,048
Income After Income & Property Tax	$193,336	$189,558
Maximum Disposable Income After Income, Property & Sales Taxes	$180,688	$178,425

FAQ

Does Rhode Island or Vermont have lower income taxes?

Rhode Island’s income tax falls into the following range:

• 3.75%: $0-$68,200
• 4.75%: $68,201-$155,050
• 5.99%: $155,051+

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 Rhode Island or Vermont have lower property taxes?

Rhode Island has an average property tax rate of 1.01%

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

Does Rhode Island or Vermont have lower sales taxes?

Rhode Island has a state sales tax rate of 7.00% and an average local rate of 0.00% for a combined total rate of 7.00%.

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 Rhode Island or Vermont?

Based on median household income after income, property and sales taxes Rhode Island gives you a maximum amount of disposable income of $59,022

In comparison, Vermont gives you $52,074.

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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/