Vermont Sales Tax Overview
The Vermont state sales tax rate is 6%, with some cities and counties adding a local sales tax up to 1%, for a maximum combined sales tax of 7%. Exemptions include groceries, clothing, and prescription drugs.
Vermont Sales Tax Rates
- Lowest sales tax rate: 6% in 245 cities
- Highest sales tax rate: 7% in 48 cities
Vermont Income Tax Information
Vermont has graduated individual and corporate income tax rates. Individual rates range from 3.35% to 8.75%, and corporate rates range from 6% to 8.5%. For example, if you make $167,000 a year in Vermont, you will pay $40,363 in taxes.
The income tax withholding allowance has changed from $4,500 to $4,850, and the single and married withholding tables have been updated.
Property Taxes and Other Details
Vermont property taxes are relatively high, with a median rate of $1,924 per $100,000 of home value. Social Security benefits in Vermont are taxed based on income.
Food Tax in Vermont
The state sales tax rate is 6%, with exemptions for groceries, clothing, prescription drugs, and non-prescription drugs. Some cities and counties may add up to 1% in additional sales tax.
Income Limits for Vermont Food Stamps
The income limits for Vermont Food Stamps vary based on household size, with the limit set at $18,954 per year for a one-person household and $25,636 per year for a two-person household.