Taxes in Vermont

Each state’s tax code is a multifaceted system with many moving parts, and Vermont is no exception. The first step towards understanding Vermont’s tax code is knowing the basics.

How does Vermont rank?  Below, we have highlighted a number of tax rates, ranks, and measures detailing Vermont’s income tax, business tax, sales tax, and property tax systems. Click the tabs below to explore!

Top Individual Income Tax Rate

8.95%

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State and Local Individual Income Tax Collections per Capita

$1133

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State and Local Tax Burden

10.3%

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Tax Freedom Day

April 18

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Top Corporate Income Tax Rate

8.50%

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State Business Tax Climate Index Ranking

47

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State Sales Tax Rate

6.00%

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Average Local Sales Tax Rate

0.18%

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Combined State and Average Local Sales Tax Rate

6.18%

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State and Local General Sales Tax Collections per Capita

$605

State Gasoline Tax Rate (cents per gallon)

30.72¢

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State Cigarette Tax Rate (dollars per 20-pack)

$3.08

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Property Taxes Paid as a Percentage of Owner-Occupied Housing Value

1.72%

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State and Local Property Tax Collections Per Capita

$2542


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2018 State Business Tax Climate Index

October 17, 2017


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