Middlebury, Addison County, Vermont Property Taxes

Name: Property Tax Bills Across Middlebury, Addison County, Vermont
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Middlebury, VT effective property tax rate: 2.39%, significantly higher than the national median of 1.02%, but lower than the Vermont state median of 2.11%. Median Middlebury, VT home value: $267,650. Median annual Middlebury, VT tax bill: $6,339, $3,939 higher than the national median property tax bill of $2,400. How are property taxes in Addison County calculated? Property taxes in Middlebury, VT are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding Middlebury’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Middlebury, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Middlebury, Addison County, Vermont Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.39%

Estimate Property Tax Bill

$6,397

$5,936

Ownwell’s Middlebury Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Middlebury with just two data points. By entering your property's estimated assessed value, our calculator applies Middlebury’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Addison County — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Addison County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Middlebury, Addison County, Vermont

Local government entities determine tax rates, leading to significant variations within a state. This process involves each county estimating its necessary budget to fund services and dividing it by the total value of all taxable property within its borders, resulting in the property tax rate. While setting these rates and budgets involves votes and legal considerations, this annual calculation is the core process.

In Middlebury, located in Addison County, the effective property tax rate stands at 2.39%. This rate is notably higher than the national median property tax rate of 1.02%. This means that property owners in Middlebury pay a higher percentage of their property's assessed value in taxes compared to the national average.

When comparing Middlebury’s property tax rate to other cities in Vermont, it aligns with the state’s highest and lowest median rates, which are also 2.39%. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively. By comparing local rates to state and national averages, property owners can gain valuable insights into their tax obligations and potential savings opportunities.

Property Tax Rates Across Middlebury, Addison County, Vermont

Source: Ownwell

1.55%

2.12%

2.69%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Middlebury Tax Rate

2.39%

Median Effective Addison County Tax Rate

2.21%

Median Effective Vermont Tax Rate

2.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Middlebury, Addison County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
05753	2.39%	2.39%	2.39%	2.39%	2.39%

Source: Ownwell

Property Tax Assessment Values Across Middlebury, Addison County, Vermont

When examining property taxes in Middlebury, VT, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Addison County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. In Addison County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Middlebury. For example, the median home price in Middlebury is $267,650, with tax bills ranging significantly across the county. Zip code 05753 has the highest median home price at $267,650.

Property Tax Assessment Values Across Middlebury, Addison County, Vermont

Source: Ownwell

$48,850

$211,200

$373,550

Median Middlebury Market Value

$267,650

Median Addison County Market Value

$233,600

Median Vermont Market Value

$199,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Middlebury, Addison County, Vermont

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
05753	$158,540	$210,150	$267,650	$345,925	$433,910

Source: Ownwell

Property Tax Bills Across Middlebury, Addison County, Vermont

In MIDDLEBURY, Addison County, VT, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the town's assessor and is meant to reflect the market value of the property. Vermont's property tax rate is typically higher than the national median rate of 1.02%, contributing to substantial tax bills for homeowners. In MIDDLEBURY, the median property tax bill is $6,339, significantly higher than the national median of $2,400. Factors such as the property's location, size, and improvements can influence the assessed value, impacting the overall tax bill. This can place a financial burden on homeowners, especially when the tax bill falls in the 75th percentile at $8,219 or the 90th percentile at $10,095. Ownwell assists homeowners by reviewing their property assessments and identifying potential savings opportunities. By appealing incorrect assessments or applying for exemptions, Ownwell helps reduce the tax burden, ensuring homeowners pay only their fair share.

Property Tax Bills Across Middlebury, Addison County, Vermont

Source: Ownwell

$1,078

$4,351

$7,624

Median Middlebury Tax Bill

$6,339

Median Addison County Tax Bill

$5,451

Median Vermont Tax Bill

$3,843

Median United States Tax Bill

$2,400

Property Tax Bills Across Middlebury, Addison County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
05753	$3,751	$4,976	$6,339	$8,219	$10,095

Source: Ownwell