Tennessee vs Vermont Taxes: Income, Property & Sales

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

Tennessee vs Vermont Income Tax Comparison

	Tennessee	Vermont
Income Tax Rates & Thresholds	None	3.35%: $0-$42,150 6.60%: $42,151-$102,200 7.60%: $102,201-$213,150 8.75%: $213,151+
Median Income	$65,380	$72,190
Income Tax Paid On Median Household Income	$7,151	$11,377
Income After Tax Based on Median Household Income	$58,229	$60,813

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Tennessee vs Vermont Property Tax Comparison

	Tennessee	Vermont
Average Property Tax Rate	0.42%	1.43%
Average House Price By State	$310,782	$383,882
Average Property Tax Owed Per Year	$1,305	$5,490
Income After Income Taxes & Property Taxes Based On Median State Household Income	$56,924	$55,323

Tennessee vs Vermont Sales Tax Comparison

	Tennessee	Vermont
Average State Sales Tax	7.00%	6.00%
Average Local Sales Tax Across the State	2.55%	0.24%
Average Combined Sales Tax Rate	9.55%	6.24%
Maximum Amount of Sales Tax Paid Based on Median Household Income	$4,962	$3,249
Maximum Disposable Income Based on Median Household Income	$51,961	$52,074

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

	Tennessee	Vermont
Income Tax Owed	$3,040	$4,022
After Tax Income	$36,960	$35,978
Income After Income & Property Tax	$35,655	$30,488
Maximum Disposable Income After Income, Property & Sales Taxes	$32,547	$28,698

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

	Tennessee	Vermont
Income Tax Owed	$5,968	$7,891
After Tax Income	$54,032	$52,109
Income After Income & Property Tax	$52,727	$46,619
Maximum Disposable Income After Income, Property & Sales Taxes	$48,130	$43,881

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

	Tennessee	Vermont
Income Tax Owed	$10,368	$13,611
After Tax Income	$69,632	$66,389
Income After Income & Property Tax	$68,327	$60,899
Maximum Disposable Income After Income, Property & Sales Taxes	$62,370	$57,323

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

	Tennessee	Vermont
Income Tax Owed	$14,768	$19,331
After Tax Income	$85,232	$80,669
Income After Income & Property Tax	$83,927	$75,179
Maximum Disposable Income After Income, Property & Sales Taxes	$76,610	$70,764

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

	Tennessee	Vermont
Income Tax Owed	$8,481	$11,445
After Tax Income	$91,519	$88,555
Income After Income & Property Tax	$90,214	$83,065
Maximum Disposable Income After Income, Property & Sales Taxes	$82,349	$78,187

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

	Tennessee	Vermont
Income Tax Owed	$18,536	$24,800
After Tax Income	$131,464	$125,200
Income After Income & Property Tax	$130,159	$119,710
Maximum Disposable Income After Income, Property & Sales Taxes	$118,812	$112,679

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

	Tennessee	Vermont
Income Tax Owed	$29,536	$39,233
After Tax Income	$170,464	$160,767
Income After Income & Property Tax	$169,159	$155,277
Maximum Disposable Income After Income, Property & Sales Taxes	$154,412	$146,157

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

	Tennessee	Vermont
Income Tax Owed	$41,455	$54,952
After Tax Income	$208,545	$195,048
Income After Income & Property Tax	$207,240	$189,558
Maximum Disposable Income After Income, Property & Sales Taxes	$189,174	$178,425

FAQ

Does Tennessee or Vermont have lower income taxes?

Tennessee’s income tax falls into the following range: None

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 Tennessee or Vermont have lower property taxes?

Tennessee has an average property tax rate of 0.42%

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

Does Tennessee or Vermont have lower sales taxes?

Tennessee has a state sales tax rate of 7.00% and an average local rate of 2.55% for a combined total rate of 9.55%.

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 Tennessee or Vermont?

Based on median household income after income, property and sales taxes Tennessee gives you a maximum amount of disposable income of $51,961

In comparison, Vermont gives you $52,074.

More Comparisons:

Tennessee vs Wyoming
Massachusetts vs Indiana
Massachusetts vs Missouri
Massachusetts vs Maryland
Massachusetts vs Wisconsin

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/