Vermont Property Tax Calculator
Calculate property taxes in Vermont. VT effective property tax rate is 1.9% with a median home value of $350,000. Includes VT assessment ratios and exemptions.
Vermont at a Glance
$350,000
Median Home Price
1.9%
Property Tax Rate
$1,200
Avg Home Insurance
$472,030
FHA Loan Limit
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Reviewed & Methodology
Every calculator is built using industry-standard formulas, validated against authoritative sources, and reviewed by a credentialed financial professional. State-specific data is sourced from official government publications.
Property Tax Calculator in Vermont
The median home price in Vermont is $350,000, which is 17% below the national average of $420,000. Vermont's effective property tax rate of 1.9% is 0.8 percentage points higher than the national average of 1.1%.
| Metric | Vermont (VT) | National Avg | vs National Average |
|---|---|---|---|
| Median Home Price | $350,000 | $420,000 | -17% |
| Property Tax Rate | 1.9% | 1.1% | +0.80% |
| Home Insurance (Annual) | $1,200 | $2,300 | -48% |
| State Sales Tax | 6% | 5% | +1.0% |
| FHA Loan Limit | $472,030 | $472,030 | Standard |
| Conforming Loan Limit | $766,550 | $766,550 | Standard |
Homeownership in Vermont
Vermont has one of the tightest housing markets in the country relative to its size -- inventory is chronically low, and remote work migration from Boston, New York, and beyond has pushed the median price to around $350,000, up dramatically from pre-pandemic levels. The state's property tax is high at 1.90% and includes a unique statewide education property tax that applies to all Vermont homeowners. Vermont's income tax tops out at 8.75%, but the Education Grand List system for funding schools is distinct from most states.
Tips for Vermont Homebuyers and Homeowners
- Vermont's property tax includes both a municipal rate and a statewide education rate -- the education tax is set annually by the legislature and can fluctuate significantly based on school spending decisions.
- The Homestead Declaration must be filed annually with the Vermont Department of Taxes to qualify for the lower homestead rate versus the non-residential rate -- don't miss the April 15 filing deadline.
- Vermont has an income-based property tax adjustment for homeowners with household income below $128,000 -- the state subsidizes a portion of property taxes so they don't exceed a percentage of your income.
- Heating and weatherization costs in Vermont's cold climate are substantial -- the Vermont Climate Economy Plan offers incentives for heat pumps and weatherization, and Efficiency Vermont provides rebates that can offset $3,000-$8,000 in upgrade costs.
Vermont Programs and Assistance
- Vermont Housing Finance Agency (VHFA) MOVE Program -- below-market rate mortgages for first-time and repeat buyers with income and purchase price limits.
- VHFA ASSIST Second Loan -- provides $5,000-$10,000 in 0% interest deferred second mortgage financing for down payment and closing costs.
- NeighborWorks Alliance of Vermont -- provides financial literacy education and home repair assistance programs for Vermont homeowners.
Did you know? Vermont funds its K-12 public education through a statewide property tax on all Vermont property -- this means homeowners pay a state education tax regardless of whether they have children in school, creating a tax structure unique among U.S. states.