Vermont Taxes, Wages and Living Costs (2026)

Vermont has a top income tax rate of 8.75%, the 20th lowest combined sales tax (6.43%) and a $14.42 minimum wage as of 2026.

State income tax
8.75%
Top rate, graduated
Combined sales tax
6.43%
6.00% state + 0.43% avg. local
Minimum wage
$14.42
State rate, July 1, 2026
Property tax
1.51%
Effective rate on home value
Electricity
23.75¢/kWh
Residential average, July 2026

What It Adds Up To

$11,542 a year: that is roughly what a Vermont homeowner earning $75,000 pays in state income tax ($2,840), sales tax on $25,000 of purchases ($1,608), property tax on a $300,000 house ($4,530) and electricity at 900 kWh a month ($2,565).

Vermont Income Tax in 2026

Vermont uses a graduated scale with 4 rates, topping out at 8.75%. Single filers' standard deduction: $7,650. On $50,000 of wages, a single filer's Vermont tax works out to about $1,419 (2.8% of wages); on $100,000 it is about $4,490 (4.5%). Source: Tax Foundation, January 1, 2026.

RateSingle filersMarried filing jointly
3.35%over $0over $0
6.6%over $49,400over $82,500
7.6%over $119,700over $199,450
8.75%over $249,700over $304,000

Take-Home Pay in Vermont

Estimated 2026 take-home pay for a single filer with no pre-tax deductions, using the federal brackets and $16,100 standard deduction, Social Security and Medicare, and Vermont's brackets above. Open the paycheck calculator set to Vermont to add a 401(k), change pay frequency or filing status.

SalaryFederal taxFICAState taxTake-home (year)Per biweekly check
$50,000$3,820$3,825$1,419$40,936$1,574
$75,000$7,670$5,738$2,840$58,753$2,260
$100,000$13,170$7,650$4,490$74,690$2,873

Sales Tax

The state rate is 6.00% and local governments add 0.43% on average, for a combined 6.43%, 20th lowest of the 50 states and D.C. (median 7.00%). A $1,000 purchase carries about $64 in sales tax at the average combined rate. Source: Tax Foundation, July 1, 2026.

Minimum Wage

The Vermont minimum wage is $14.42 an hour, 19th highest in the country, or $29,994 a year for full-time work, $14,914 more than the federal $7.25. Source: U.S. Department of Labor, July 1, 2026.

Property Tax

Homeowners in Vermont paid property taxes equal to 1.51% of home value on average, the 4th highest effective rate (median state 0.79%). On a $300,000 home that is about $4,530 a year, or $378 a month in escrow. Source: Tax Foundation (Census ACS data), 2024 data.

Electricity Prices

Residential electricity averaged 23.75¢ per kWh in July 2026, the 12th highest of the 50 states and D.C. (median 16.09¢). A household using 900 kWh a month would pay about $214 before fixed charges. Source: U.S. EIA, July 2026 data.

Vermont Compared with Its Neighbors

Among the 3 states it borders, Vermont has the highest property tax rate of its neighbors (1.51%) and the lowest electricity price of its neighbors (23.75¢).

StateTop income taxSales taxMin. wageProperty taxElectricity
Vermont8.75%6.43%$14.421.51%23.75¢
Massachusetts9%6.25%$15.001.00%30.49¢
New HampshireNone0.00%$7.251.50%26.60¢
New York10.9%8.54%$16.001.30%29.90¢

Vermont figures use statewide averages and skip credits, exemptions and local income taxes; check Vermont revenue and labor department sites before filing or hiring.

💰 Finance & Tax Calculators
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Vermont Income Tax Calculator
Vermont brackets, top rate 8.75%
VT rates
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Mortgage Calculator
Payment plus Vermont property tax at 1.51%
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Home Affordability
Budget with 1.51% property tax
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Salary Converter
Hourly to annual; Vermont minimum $14.42
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Federal Tax Estimator
Federal 2026 tax plus 8.75% top Vermont rate
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Retirement Calculator
Plan around Vermont 8.75% top income tax
⚖ Legal Reference Calculators
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Small Claims Calculator
Vermont limit: $5,000
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Statute of Limitations
Filing deadlines for Vermont legal claims
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Workers' Comp Estimator
Estimate Vermont workers' compensation benefits
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Alimony Estimator
Spousal support estimates for Vermont

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