Vermont Minimum Wage and Income Tax 2026
What it costs to pay people and earn money in Vermont.
Minimum wage$14.42per hour
Income tax3.35% to 8.75%
State sales tax6.00%about 6.43% with local tax
Corporate tax8.50%
Minimum wage in Vermont
The minimum wage is $14.42 an hour, $7.17 above the federal $7.25. For employers with 2 or more employees.
Full time at 40 hours, that is $577 a week or $29,994 a year. It ranks 19 of 51, higher than 32 others.
As of July 1, 2026. Source: U.S. Department of Labor.
Income tax in Vermont
Vermont income tax runs from 3.35% to 8.75% across 4 brackets.
The top rate ranks 9 of 51.
Single filers, as of January 1, 2026. Source: Tax Foundation.
Corporate tax in Vermont
The top corporate income tax rate is 8.50%. Graduated from 6.00% to 8.50%.
It ranks 8 of 51.
As of April 2, 2026. Source: Tax Foundation.
Sales tax in Vermont
The state rate is 6.00%. With the average local tax, shoppers pay about 6.43%.
As of July 1, 2026. Source: Tax Foundation.