Does Texas or Vermont have lower taxes? We answer that in a variety of ways below:
Texas vs Vermont Income Tax Comparison
Texas | Vermont | |
Income Tax Rates & Thresholds | None |
|
Median Income | $74,640 | $72,190 |
Income Tax Paid On Median Household Income | $9,189 | $11,377 |
Income After Tax Based on Median Household Income | $65,451 | $60,813 |
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Texas vs Vermont Property Tax Comparison
Texas | Vermont | |
Average Property Tax Rate | 1.25% | 1.43% |
Average House Price By State | $305,497 | $383,882 |
Average Property Tax Owed Per Year | $3,819 | $5,490 |
Income After Income Taxes & Property Taxes Based On Median State Household Income | $61,632 | $55,323 |
Texas vs Vermont Sales Tax Comparison
Texas | Vermont | |
Average State Sales Tax | 6.25% | 6.00% |
Average Local Sales Tax Across the State | 1.95% | 0.24% |
Average Combined Sales Tax Rate | 8.20% | 6.24% |
Maximum Amount of Sales Tax Paid Based on Median Household Income | $4,671 | $3,249 |
Maximum Disposable Income Based on Median Household Income | $56,961 | $52,074 |
After Tax Comparison Earning $40,000 Per Year Filing As Single
Texas | Vermont | |
Income Tax Owed | $3,040 | $4,022 |
After Tax Income | $36,960 | $35,978 |
Income After Income & Property Tax | $33,141 | $30,488 |
Maximum Disposable Income After Income, Property & Sales Taxes | $30,630 | $28,698 |
After Tax Comparison Earning $60,000 Per Year Filing As Single
Texas | Vermont | |
Income Tax Owed | $5,968 | $7,891 |
After Tax Income | $54,032 | $52,109 |
Income After Income & Property Tax | $50,213 | $46,619 |
Maximum Disposable Income After Income, Property & Sales Taxes | $46,408 | $43,881 |
After Tax Comparison Earning $80,000 Per Year Filing As Single
Texas | Vermont | |
Income Tax Owed | $10,368 | $13,611 |
After Tax Income | $69,632 | $66,389 |
Income After Income & Property Tax | $65,813 | $60,899 |
Maximum Disposable Income After Income, Property & Sales Taxes | $60,826 | $57,323 |
After Tax Comparison Earning $100,000 Per Year Filing As Single
Texas | Vermont | |
Income Tax Owed | $14,768 | $19,331 |
After Tax Income | $85,232 | $80,669 |
Income After Income & Property Tax | $81,413 | $75,179 |
Maximum Disposable Income After Income, Property & Sales Taxes | $75,243 | $70,764 |
After Tax Comparison Earning $100,000 Per Year Filing As Married Filing Jointly
Texas | Vermont | |
Income Tax Owed | $8,481 | $11,445 |
After Tax Income | $91,519 | $88,555 |
Income After Income & Property Tax | $87,700 | $83,065 |
Maximum Disposable Income After Income, Property & Sales Taxes | $81,054 | $78,187 |
After Tax Comparison Earning $150,000 Per Year Filing As Married Filing Jointly
Texas | Vermont | |
Income Tax Owed | $18,536 | $24,800 |
After Tax Income | $131,464 | $125,200 |
Income After Income & Property Tax | $127,645 | $119,710 |
Maximum Disposable Income After Income, Property & Sales Taxes | $117,972 | $112,679 |
After Tax Comparison Earning $200,000 Per Year Filing As Married Filing Jointly
Texas | Vermont | |
Income Tax Owed | $29,536 | $39,233 |
After Tax Income | $170,464 | $160,767 |
Income After Income & Property Tax | $166,645 | $155,277 |
Maximum Disposable Income After Income, Property & Sales Taxes | $154,016 | $146,157 |
After Tax Comparison Earning $250,000 Per Year Filing As Married Filing Jointly
Texas | Vermont | |
Income Tax Owed | $41,455 | $54,952 |
After Tax Income | $208,545 | $195,048 |
Income After Income & Property Tax | $204,726 | $189,558 |
Maximum Disposable Income After Income, Property & Sales Taxes | $189,211 | $178,425 |
FAQ
Does Texas or Vermont have lower income taxes?
Texas’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 Texas or Vermont have lower property taxes?
Texas has an average property tax rate of 1.25%
In comparison, Vermont has an average property tax rate of 1.43%
Does Texas or Vermont have lower sales taxes?
Texas has a state sales tax rate of 6.25% and an average local rate of 1.95% for a combined total rate of 8.20%.
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 Texas or Vermont?
Based on median household income after income, property and sales taxes Texas gives you a maximum amount of disposable income of $56,961
In comparison, Vermont gives you $52,074.
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