How Much Do You Take Home on Minimum Wage in Vermont?
The minimum wage in Vermont is $14.42 per hour in 2026. Working a standard 40-hour week for 52 weeks, your gross annual income is $29,994. After federal income tax, Social Security, and Medicare, your estimated take-home pay is $26,280 per year.
Note: This calculator shows federal taxes only. Vermont also has state income tax which will further reduce take-home pay.
| Time Period | Gross Pay | Federal Tax Est. | Take Home |
|---|---|---|---|
| Hourly | $14.42 | $1.79 | $12.63 |
| Weekly (40 hrs) | $577 | $71 | $505 |
| Monthly | $2,499.47 | $309.48 | $2,190 |
| Annual | $29,994 | $3,714 | $26,280 |
What Taxes Come Out of a Minimum Wage Paycheck in Vermont?
Working at the Vermont minimum wage of $14.42/hr, three federal taxes are deducted from every paycheck:
- Federal Income Tax - After the $16,100 standard deduction for 2026 (single filer), $13,893.60 of your $29,993.60 annual income is taxable, starting in the 10% federal bracket.
- Social Security (6.2%) - Deducted on all earned income up to the 2026 wage base of $184,500. Minimum wage earnings are always fully subject to it.
- Medicare (1.45%) - Deducted on all earned income with no cap.
Vermont Minimum Wage Details for 2026
Vermont's minimum wage is $14.42/hr in 2026, indexed to inflation each year.
Take-home pay: A full-time Vermont worker at $14.42/hr earns $29,994 per year before taxes. After 2026 federal income tax ($1,419) and FICA ($2,295), estimated take-home is about $26,280 per year - roughly $2,190 per month or $505 per week. Vermont also levies a state income tax, so your actual net pay will be somewhat lower than this federal-only estimate.
Local rates: No Vermont city sets a wage above the state rate.
Scheduled changes: Vermont adjusts its minimum wage every January based on a set formula, so 2027 will bring another increase.
Cost of living: Vermont's rural cost of living is moderate, but Burlington-area housing has grown expensive relative to the indexed $14.42 wage.
Wage figure verified against the U.S. Department of Labor state minimum wage table (updated July 1, 2026). Federal tax estimates use the 2026 IRS standard deduction of $16,100 for single filers. This is an estimate, not tax advice.
How This Is Calculated: Vermont Worked Example
Every figure in the table above comes from the same four-step calculation, using the 2026 IRS standard deduction, 2026 federal tax brackets, and current FICA rates. Here is the full math for one year of full-time work at the Vermont minimum wage:
- Step 1 - Annual gross pay: $14.42/hour × 40 hours × 52 weeks = $29,993.60.
- Step 2 - Apply the standard deduction: The 2026 IRS standard deduction for a single filer is $16,100.
- Step 3 - Federal income tax: Taxable income is $29,993.60 − $16,100 = $13,893.60. The first $12,400 is taxed at 10% ($1,240) and the remaining $1,493.60 at 12% ($179.23), for a total of $1,419.23.
- Step 4 - FICA taxes: Social Security (6.2%) plus Medicare (1.45%) equals 7.65% of gross pay: $29,993.60 × 0.0765 = $2,294.51. FICA applies from the first dollar earned - the standard deduction does not reduce it.
Annual take-home: $29,993.60 − $1,419.23 − $2,294.51 = $26,279.86. That matches the Annual row in the table above. Assumptions: single filer, no dependents, standard deduction, no state or local income tax withheld in this federal estimate, no pre-tax benefits. Your actual paycheck may differ - this is an educational estimate, not tax advice.
Vermont Minimum Wage FAQ
Data sources: Minimum wage rates from U.S. Department of Labor, Wage and Hour Division. Tax calculations based on 2026 IRS federal tax brackets. State-specific rates verified against state labor department websites. Last updated: April 2026
Disclaimer: These calculators provide estimates for federal taxes only and should not be considered tax advice. Actual take-home pay may vary based on additional deductions, state/local taxes, filing status, and other factors. Consult a tax professional for personalized advice.