1Vermont
Lowest21.2%
Overall effective tax rate
- Net
- Federal
- State
- FICA
- Federal income tax
- $7,670
- State income tax
- $2,490
- Payroll tax (FICA)
- $5,738
- Total tax
- $15,897
- Net income (annual)
- $59,103
Tax year 2026 · state vs state
Minnesota vs Vermont Income Tax Comparison (2026)
On a $75,000 salary (single filer, 2026), you pay $1,087 less state income tax a year in Vermont than in Minnesota, which is about $91 a month. At $150,000 the gap is $1,329 in favor of Vermont.
Minnesota: up to 9.85%Vermont: up to 8.75%Updated October 10, 2026
Compare Minnesota and Vermont for your income
Estimate for education only, not tax advice. 2026 federal and state rules, standard deductions, no local taxes. How we calculate.
State comparison
Comparing 2 states, sorted by lowest overall tax rate.
2Minnesota
22.6%
Overall effective tax rate
- Net
- Federal
- State
- FICA
- Federal income tax
- $7,670
- State income tax
- $3,577
- Payroll tax (FICA)
- $5,738
- Total tax
- $16,984
- Net income (annual)
- $58,016
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💰 Monthly breakdown
Your take-home pay, spread across the year
Vermont
Monthly gross$6,250
Monthly tax$1,325
Monthly take-home$4,925
Minnesota
Monthly gross$6,250
Monthly tax$1,415
Monthly take-home$4,835
Estimates use 2026 federal and state rates, the standard deduction for your filing status and no local taxes. Rankings use state income tax only.
Minnesota vs Vermont: how the two systems differ
| Minnesota | Vermont | |
|---|---|---|
| Wage income tax | Progressive, 4 brackets | Progressive, 4 brackets |
| Top rate | 9.85% | 8.75% |
| Lowest rate | 5.35% | 3.35% |
| Deductions and credits (single) | $15,300 standard deduction | $7,650 standard deduction, $5,300 personal exemption |
State income tax and take-home pay at every salary
The same salary can leave you with different take-home pay depending on the state. This table applies each state’s 2026 rules to a single filer with no pre-tax contributions.
| Income | MN state tax | VT state tax | Difference | MN take-home | VT take-home |
|---|---|---|---|---|---|
| $30,000 | $786 | $571 | $215 less in Vermont | $25,499 | $25,714 |
| $40,000 | $1,321 | $906 | $415 less in Vermont | $32,999 | $33,414 |
| $50,000 | $1,877 | $1,241 | $635 less in Vermont | $40,478 | $41,114 |
| $60,000 | $2,557 | $1,576 | $980 less in Vermont | $47,833 | $48,814 |
| $75,000 | $3,577 | $2,490 | $1,087 less in Vermont | $58,016 | $59,103 |
| $100,000 | $5,277 | $4,140 | $1,137 less in Vermont | $73,903 | $75,040 |
| $150,000 | $8,942 | $7,613 | $1,329 less in Vermont | $104,849 | $106,178 |
| $250,000 | $17,423 | $15,213 | $2,210 less in Vermont | $165,759 | $167,969 |
Single filer, 2026, federal standard deduction. Take-home is after federal, state and payroll tax. No local taxes.
Married filing jointly
| Income | MN state tax | VT state tax | Difference | MN take-home | VT take-home |
|---|---|---|---|---|---|
| $75,000 | $2,375 | $1,645 | $731 less in Vermont | $62,247 | $62,978 |
| $100,000 | $4,013 | $2,482 | $1,531 less in Vermont | $80,697 | $82,228 |
| $150,000 | $7,413 | $5,509 | $1,904 less in Vermont | $115,772 | $117,676 |
| $250,000 | $14,485 | $12,356 | $2,129 less in Vermont | $182,983 | $185,112 |
Married filing jointly, 2026, federal standard deduction. Uses each state's joint brackets where they differ.
Does the lower-tax state change as income rises?
For a single filer, Minnesota and Vermont charge the same state income tax (nothing) up to roughly $15,000 of income. Above that, Minnesota is the lower-tax state. The order flips again near $20,000, so the better state depends on where your income falls.
Rates side by side
Minnesota (single filers)
| 5.35% | Up to $33,310 |
| 6.8% | $33,311 to $109,430 |
| 7.85% | $109,431 to $203,150 |
| 9.85% | Over $203,150 |
Vermont (single filers)
| 3.35% | Up to $49,400 |
| 6.6% | $49,401 to $119,700 |
| 7.6% | $119,701 to $249,700 |
| 8.75% | Over $249,700 |
Full details for each state: Minnesota income tax calculator and Vermont income tax calculator. Federal rates are on the 2026 federal tax brackets page.
Minnesota vs Vermont FAQ
Which has lower income tax, Minnesota or Vermont?+
Vermont is lower at $75,000: $2,490 of state income tax versus $3,577 in Minnesota. At $150,000 it is $8,942 in Minnesota and $7,613 in Vermont. For a single filer, Minnesota and Vermont charge the same state income tax (nothing) up to roughly $15,000 of income. Above that, Minnesota is the lower-tax state. The order flips again near $20,000, so the better state depends on where your income falls.
How much more do I keep on $100,000 in Minnesota versus Vermont?+
A single filer keeping $73,903 a year in Minnesota would keep $75,040 in Vermont after federal, state and payroll tax. The difference is $1,137 a year, or $95 a month.
How do the Minnesota and Vermont income tax systems differ?+
Minnesota uses progressive rates up to 9.85%; Vermont uses progressive rates up to 8.75%. State deductions and exemptions also differ, which changes how much income is taxed.
Are local taxes included in this Minnesota vs Vermont comparison?+
No. It covers federal income tax, Social Security, Medicare and state income tax only. City, county, sales and property taxes are not included, and they can change the real cost of living in each state.
Should I move from Minnesota to Vermont to save on taxes?+
State income tax is one cost among many. Property and sales taxes, housing, insurance and wages also differ, and you may owe tax to both states in the year you move. Use this comparison as one input and confirm details with a tax professional.
Sources
- Tax Foundation: 2026 state individual income tax rates and brackets
- IRS: Tax inflation adjustments for tax year 2026
Last checked October 10, 2026. Confirm with your state tax agency before filing.
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Estimates for education only, not tax, legal or financial advice. Not a substitute for a tax professional or your state revenue department.