Does South Carolina or Vermont have lower taxes? We answer that in a variety of ways below:
South Carolina vs Vermont Income Tax Comparison
South Carolina | Vermont | |
Income Tax Rates & Thresholds |
|
|
Median Income | $61,770 | $72,190 |
Income Tax Paid On Median Household Income | $9,230 | $11,377 |
Income After Tax Based on Median Household Income | $52,540 | $60,813 |
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South Carolina vs Vermont Property Tax Comparison
South Carolina | Vermont | |
Average Property Tax Rate | 0.46% | 1.43% |
Average House Price By State | $289,791 | $383,882 |
Average Property Tax Owed Per Year | $1,333 | $5,490 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $51,207 | $55,323 |
South Carolina vs Vermont Sales Tax Comparison
South Carolina | Vermont | |
Average State Sales Tax | 6.00% | 6.00% |
Average Local Sales Tax Across the State | 1.44% | 0.24% |
Average Combined Sales Tax Rate | 7.44% | 6.24% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $3,546 | $3,249 |
Maximum Disposable Income Based on Median Household Income | $47,661 | $52,074 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
South Carolina | Vermont | |
Income Tax Owed | $4,389 | $4,022 |
After Tax Income | $35,611 | $35,978 |
Income After Income & Property Tax | $34,278 | $30,488 |
Maximum Disposable Income After Income, Property & Sales Taxes | $31,904 | $28,698 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
South Carolina | Vermont | |
Income Tax Owed | $8,716 | $7,891 |
After Tax Income | $51,284 | $52,109 |
Income After Income & Property Tax | $49,951 | $46,619 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,492 | $43,881 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
South Carolina | Vermont | |
Income Tax Owed | $14,516 | $13,611 |
After Tax Income | $65,484 | $66,389 |
Income After Income & Property Tax | $64,151 | $60,899 |
Maximum Disposable Income After Income, Property & Sales Taxes | $59,709 | $57,323 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
South Carolina | Vermont | |
Income Tax Owed | $20,316 | $19,331 |
After Tax Income | $79,684 | $80,669 |
Income After Income & Property Tax | $78,351 | $75,179 |
Maximum Disposable Income After Income, Property & Sales Taxes | $72,925 | $70,764 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
South Carolina | Vermont | |
Income Tax Owed | $13,123 | $11,445 |
After Tax Income | $86,877 | $88,555 |
Income After Income & Property Tax | $85,544 | $83,065 |
Maximum Disposable Income After Income, Property & Sales Taxes | $79,620 | $78,187 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
South Carolina | Vermont | |
Income Tax Owed | $26,678 | $24,800 |
After Tax Income | $123,322 | $125,200 |
Income After Income & Property Tax | $121,989 | $119,710 |
Maximum Disposable Income After Income, Property & Sales Taxes | $113,541 | $112,679 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
South Carolina | Vermont | |
Income Tax Owed | $41,178 | $39,233 |
After Tax Income | $158,822 | $160,767 |
Income After Income & Property Tax | $157,489 | $155,277 |
Maximum Disposable Income After Income, Property & Sales Taxes | $146,583 | $146,157 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
South Carolina | Vermont | |
Income Tax Owed | $56,597 | $54,952 |
After Tax Income | $193,403 | $195,048 |
Income After Income & Property Tax | $192,070 | $189,558 |
Maximum Disposable Income After Income, Property & Sales Taxes | $178,770 | $178,425 |
FAQ
Does South Carolina or Vermont have lower income taxes?
South Carolina’s income tax falls into the following range:
- 0.00%: $0-$3,200
- 3.00%: $3,201-$16,040
- 6.50%: $16,041+
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 South Carolina or Vermont have lower property taxes?
South Carolina has an average property tax rate of 0.46%
In comparison, Vermont has an average property tax rate of 1.43%
Does South Carolina or Vermont have lower sales taxes?
South Carolina has a state sales tax rate of 6.00% and an average local rate of 1.44% for a combined total rate of 7.44%.
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 South Carolina or Vermont?
Based on median household income after income, property and sales taxes South Carolina gives you a maximum amount of disposable income of $47,661
In comparison, Vermont gives you $52,074.
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