Taxes in Rutland, Vermont
Complete tax guide for Rutland, VT. State income tax up to 8.75%, 2.05% property tax, 7% sales tax. Calculate your total tax burden.
State Income Tax
8.75%
Vermont
Property Tax
2.05%
Effective rate
Sales Tax
7%
Combined rate
Tax Burden
High
Rutland, VT Tax Overview
High property tax rates
Population
15,807
Median Income
$41,318
Cost of Living
92.5 (100 = avg)
State Income Tax
8.75%
Median Home Price
$175,000
Rutland Tax Calculator
Pre-filled with Rutland median: $41,318
Total Tax Burden in Rutland
$9,696
Take-Home: $31,622 · Effective Rate: 23.47%
Federal Tax
$2,920
7.07% eff.
VT State
$3,615
8.75% eff.
FICA
$3,161
7.65% eff.
Take-Home
$31,622
76.53% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $41,318.00 | $3,443.17 |
| Federal Income Tax | -$2,919.66 | -$243.30 |
| Vermont State Tax | -$3,615.33 | -$301.28 |
| Social Security (6.2%) | -$2,561.72 | -$213.48 |
| Medicare (1.45%) | -$599.11 | -$49.93 |
| Take-Home Pay | $31,622.19 | $2,635.18 |
Property Tax in Rutland
Median Home
$175,000
Annual Tax
$3,587
Monthly Tax
$299
Effective Rate
2.05%
Sales Tax in Rutland
Combined Rate
7%
State Portion
~4.5%
Local Portion
~2.5%
The combined sales tax rate in Rutland is 7%, which is below the national average of 7.12%. On a $100 purchase, you would pay $7.00 in sales tax.
Tax Burden Comparison
| Tax Type | Rutland | Vermont Avg | National Avg |
|---|---|---|---|
| Income Tax | 8.75% | 8.75% | 4.6% |
| Property Tax | 2.05% | ~2.05% | 1.1% |
| Sales Tax | 7% | ~7% | 7.12% |
| Overall Burden | High | — | Moderate |
Tax Saving Tips for Rutland Residents
- Vermont's income tax rate of 8.75% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
- Property tax in Rutland (2.05%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in Vermont
Calculate Your Full Vermont Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Rutland, VT?
Rutland, Vermont has a state income tax rate up to 8.75%. The property tax rate is 2.05% and the combined sales tax rate is 7%. High property tax rates
How much is property tax in Rutland?
The effective property tax rate in Rutland is 2.05%. On the median home price of $175,000, this equals approximately $3,587 per year or $299 per month. This is above the national average of 1.1%.
What is the sales tax rate in Rutland?
The combined sales tax rate in Rutland is 7%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.
How does Rutland's tax burden compare to other cities?
Rutland has a high overall tax burden. The effective total tax rate for a median-income household is approximately 31.8%. The combination of 8.75% state income tax, 2.05% property tax, and 7% sales tax determines the total burden. Cost of living index is 92.5 (100 = national average).
Are there any local taxes in Rutland?
Rutland does not impose a separate local or city income tax. Residents pay the state income tax of 8.75%, federal income tax, and FICA (Social Security and Medicare). High property tax rates