Barre, Vermont vs. Wilmington, North Carolina

Tax Compare

Our Premium Cost of Living Calculator includes, State and Local Income Taxes, State and Local Sales Taxes, Real Estate Transfer Fees, Federal, State, and Local Consumer Taxes (Gasoline, Liquor, Beer, Cigarettes), Corporate Taxes, plus Auto Sales, Property and Registration Taxes, and an Online Tool to customize your own personal estimated tax burden. Click here to customize.

Taxes
  8.5% lower in Wilmington, North Carolina
than in Barre, Vermont
Assumptions
  • Single, standard deduction, one exemption
  • Sales tax includes food and services
  • Real tax taxes are based on the local median home price
  • Car taxes assume a new Honda Accord costing $25,000
   Cost of living
      State level
Barre, VT    Wilmington, NC    U.S. Avg
100 = US Avg. Below 100 means cheaper. Above 100 means more expensive. About our Cost of Living Index
   Customize Your Own Personal Estimated Taxes
Enter your income and we will give you your estimated taxes in Barre, Vermont, we will also give you your estimated taxes in Wilmington, North Carolina.
Barre, VTWilmington, NCDifference
2019 Federal Inc. Tax$4,342$4,342 
State Income Taxes$1,205$2,268  $1,063 higher
Sales Taxes$621$724  $103 higher
Real Estate Taxes$4,080$2,030  $2,050 lower
Motor Vehicle Taxes$0$311  $311 higher
Total Taxes$10,248$9,675  $573 lower
Marginal Rate3.6%5.5%
Effective Rate2.4%4.5%
   Annual taxes
      Based on $60,000 income
   Social security taxes
Barre, VTWilmington, NC
Tax Social SecurityYesNo
Social Security NoteTaxed to the extent they are taxed at the federal level 
   Estimated sales tax
      State level, based on annual income of $75,000
Barre, VT    Wilmington, NC    U.S. Avg
   Tax on food
Barre, VTWilmington, NC
Sales Tax On FoodNoYes - No state sales tax but partial local tax (2.00%). No rebate.
   Real estate tax
Barre, VT    Wilmington, NC    U.S. Avg
Assumes the local median home price and sales tax is amoritized over 13 years.
   Vehicle tax
Barre, VT    Wilmington, NC    U.S. Avg
Assumes a new $25,000 Honda Accord and Sales Tax is amortized over 6 years.
   Other taxes
      State level
Barre, VT    Wilmington, NC    U.S. Avg
* grt = Gross Receipts Tax. In this state, the corporation is required to pay the gross receipts tax on each sale instead of a traditional income tax based on its earnings. The effect is that a percentage of the total revenue or gross receipts for each sale has to be paid to the state as tax. The gross receipts tax is much like a Value Added Tax, only for businesses rather than individuals. Four states impose gross receipt taxes, Nevada, Ohio, Texas, and Washington.
Cost of Child care