Vermont variant. This is a Vermont-specific version of the Workers Comp Cost Estimator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Workers Comp Cost Estimator.
Workers' compensation premiums in Vermont are priced per $100 of payroll, by job classification. On a $74,014 salary at an illustrative $1.00 rate, the annual premium is about $740.
How Vermont workers' comp is priced
Premium = (payroll ÷ 100) × class rate × experience modifier. Clerical roles carry low rates; construction and trucking carry much higher ones.
Vermont sets its own rules and rates. The calculator above lets you enter your real payroll, class rate, and mod factor for an accurate Vermont estimate.
About taxes and housing in Vermont
Vermont uses a graduated income tax with a top marginal rate near 8.75%.
Vermont has a relatively high effective property tax rate around 1.78%, with median home values near $380,000.
Vermont's economy is rooted in agriculture and dairy, tourism and skiing, and small-scale specialty manufacturing.
Worked example: $74,014 payroll
($74,014 ÷ 100) × $1.00 = $740/year at a sample clerical rate. A construction class rate of $8.00 would make it $5,921.
Quick reference
- State income tax: 3.35-8.75% across 4 brackets
- State sales tax: 6% (plus 0.36% avg local)
- Median home value: $380,000
- Median household income: $74,014
- Effective property tax rate: 1.78%
- Avg auto insurance: $1,063/yr
Frequently Asked Questions
How is workers' comp calculated in Vermont?
By payroll ÷ 100 × class rate × experience modifier, using Vermont's approved rates.
Is workers' comp required in Vermont?
Most Vermont employers must carry coverage once they have employees; rules vary by industry and headcount.