Vermont Property Taxes

Property taxes are a significant source of revenue for local governments in Vermont and are used to fund essential services such as schools, roads, and public safety. Property owners in Vermont are responsible for paying property taxes annually, based on the assessed value of their property.

Assessment Process

The local town assessor is responsible for determining the assessed value of a property in Vermont. The assessed value is based on the market value of the property and takes into account recent sales of similar properties in the area, as well as the physical characteristics of the property itself. The assessed value is then used to calculate the property tax owed.

Tax Rates

Property tax rates in Vermont vary by municipality and can range from 0.6% to 1.5% of the assessed value. Tax rates are set by local government and take into account the services provided by the local government.


Vermont offers several exemptions to property owners to reduce the amount of property tax owed. Some of the most common exemptions include:

Homestead Exemption: A reduction in property taxes for eligible homeowners who occupy their primary residence.

Agricultural Land Exemption: A reduction in property taxes for eligible agricultural land used for farming or forestry.

Current Use Program: A program that allows eligible property owners to receive a reduction in property taxes in exchange for keeping their land in its natural state or used for agriculture or forestry.


If a property owner disagrees with the assessed value of their property, they can file an appeal with the local town assessor. The appeal process typically involves a hearing where the property owner can present evidence to support their case.

In conclusion, property taxes play a crucial role in funding local government services in Vermont. Property owners in Vermont can take advantage of various exemptions and appeal processes to lower their property tax bill. It is important for property owners to understand the assessment process, tax rates, and exemptions available to better plan for and manage their property taxes.