Vermont Property Tax Calculator 2026

Calculate property taxes in Vermont. The average effective property tax rate in VT is 1.4%, which is above the national average of 0.89%. Estimate your annual property tax bill.

By Konstantin Iakovlev · Updated October 19, 2026 · Methodology

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Annual Property Tax

$4,900.00

Monthly Equivalent

$408.33

Effective Rate

1.400%

Property Tax Breakdown

Assessed Value$350,000.00
Homestead Exemption$0.00
Taxable Value$350,000.00
Annual Tax$4,900.00
Monthly Equivalent$408.33

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

Vermont Property Tax Guide

Vermont carries one of the heaviest property tax loads in the country, averaging an effective rate near 1.40% of a home's value against a national figure around 0.9%. The tax is assessed and billed locally: towns and municipalities set assessed values and then combine a municipal component with the statewide education portion into the bill a homeowner receives. On a property assessed at $300,000, a 1.40% effective rate lands near $4,200 a year, though the real number swings with the town and with how recently the property was reassessed.

Vermont blunts that load for residents through an income-sensitive property tax adjustment. Homeowners who declare their property as a homestead and qualify by household income can have part of the education portion of the bill reduced, claimed alongside the state income tax return. To rough out a bill, multiply the assessed value by your town's effective rate; for a tighter estimate, split the municipal and education pieces and apply any homestead adjustment you're eligible for. Your town's grand list and tax rate sheet hold the exact local figures.

Vermont Property Tax Details (2026)

Avg. Effective Property Tax Rate 1.4%
National Average 0.89%
vs. National Average 0.51 points above
Estate Tax Yes (exemption: $5,000,000)
State Sales Tax 6%
State Income Tax progressive (up to 8.75%)

Official Sources:

Vermont Property Tax FAQ

Why is Vermont's property tax rate so high?
Vermont funds a large share of public education through property taxes, and the statewide education component sits on top of local municipal rates, pushing the average effective rate to about 1.40%, well above the roughly 0.9% national average. Towns still assess and bill locally, but the education funding model is the main reason the overall burden ranks among the nation's highest.
How do I estimate my Vermont property tax bill?
Begin with the assessed value and multiply by your town's effective rate; at the 1.40% statewide average, a $300,000 home implies roughly $4,200 a year. For a sharper number, separate the municipal rate from the statewide education rate and apply any income-sensitive homestead adjustment you qualify for. The town's grand list and rate sheet give the exact local figures for the current year.
What is the Vermont homestead declaration?
Vermont homeowners must declare their primary residence as a homestead each year, which determines whether the property is taxed at the homestead education rate rather than the nonresidential rate. Declaring also opens the door to the income-sensitive property tax adjustment for those who qualify. The declaration is filed with the Vermont Department of Taxes, typically alongside the income tax return.
Can my income reduce my Vermont property tax?
Yes, on the education portion. Vermont's income-sensitive adjustment lowers part of a qualifying homeowner's education property tax based on household income, so two neighbors with similar homes can owe different amounts. You apply by declaring your homestead and filing the property tax credit claim with your income tax return; eligibility and the size of the reduction both depend on income.

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