North Vermont Real Estate Update

News and observations on the Vermont Real Estate market concentrating on Stowe and the surrounding Lamoille County Area. Factors which might effect people buying property are part of the discusion.

Saturday, June 10, 2006

Vermont Residents pay 16.2% of Income in Taxes

AP reports that Vermont residents pay 16.2% of their income in State and local taxes. This was second highest in the New England Area (Maine was 17.3%). New Hampshire (12.3), Connecticut (13.5%) and Massachusetts (13.7%) where the lowest.

Figures were obtained by comparing total personal income with the total taxes raised by state and local governments.

The national average is 15.1%.

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