Concord, Caledonia County, Vermont Property Taxes
Median Concord, VT effective property tax rate: 3.18%, significantly higher than the national median of 1.02%, but lower than the Vermont state median of 2.11%.
Median Concord, VT home value: $162,700
Median annual Concord, VT tax bill: $3,566, $1,166 higher than the national median property tax bill of $2,400.
How are property taxes in Caledonia calculated?
Property taxes in Concord, 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 Concord’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Concord, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Concord, Caledonia County, Vermont Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.18%
Estimate Property Tax Bill
$5,179
$4,806
Property Tax Rates Across Concord, Caledonia County, Vermont
Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Concord in Caledonia County, the effective property tax rate is significantly higher than the national median property tax rate of 1.02%. This means property owners in Concord may face higher tax bills compared to the national average. However, it's important to consider that these taxes fund essential services like schools, roads, and emergency services, contributing to the community's overall quality of life.
When comparing Concord's property tax rate to other cities in Vermont, it stands out as one of the highest, matching the highest rate in the state. This highlights the importance of exploring potential property tax appeals and exemptions to ensure you're not overpaying.
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 Concord Tax Rate
3.18%
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 Caledonia County Tax Rate
2.48%
Median Effective Vermont Tax Rate
1.92%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Concord, Caledonia County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05824 | 3.18% | 3.18% | 3.18% | 3.18% | 3.18% |
Source: Ownwell
Property Tax Assessment Values Across Concord, Caledonia County, Vermont
When examining property taxes in Concord, 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 Caledonia 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.
Assessment notices:
In Caledonia 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 Concord.
For example, the median home price in Concord is $162,700, with tax bills ranging significantly across the county. 05824 has the highest median home price at $162,700.
Property Tax Assessment Values Across Concord, Caledonia County, Vermont
Source: Ownwell
$67,300
$237,875
$408,450
Median Concord Market Value
$162,850
Median Caledonia County Market Value
$154,600
Median Vermont Market Value
$206,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Concord, Caledonia County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05824 | $54,450 | $113,450 | $162,850 | $221,325 | $296,770 |
Source: Ownwell
Property Tax Bills Across Concord, Caledonia County, Vermont
Median Concord Tax Bill
$4,142
Median Caledonia County Tax Bill
$3,702
Median Vermont Tax Bill
$4,235
Median United States Tax Bill
$2,400
Property Tax Bills Across Concord, Caledonia County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05824 | $1,737 | $3,276 | $4,142 | $5,175 | $6,123 |
Source: Ownwell