East Burke, Caledonia County, Vermont Property Taxes
Median East Burke, VT effective property tax rate: 2.48%, significantly higher than the national median of 1.02%, but lower than the Vermont state median of 2.11%. Median East Burke, VT home value: $201,400. Median annual East Burke, VT tax bill: $5,022, $2,622 higher than the national median property tax bill of $2,400.
How are property taxes in Caledonia calculated?
Property taxes in East Burke, 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 East Burke’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in East Burke, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
East Burke, Caledonia County, Vermont Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.48%
Estimate Property Tax Bill
$4,995
$4,635
Property Tax Rates Across East Burke, Caledonia County, Vermont
Local government entities set tax rates, which can vary widely within a state. 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 East Burke, located in Caledonia County, VT, the effective property tax rate is 2.48%. This rate is significantly higher than the national median property tax rate of 1.02%. When compared to other cities in Vermont, East Burke's rate stands out, as it represents the highest median tax rate in the state. The effective tax rate in East Burke is also notably higher than the national median property tax bill of $2,400.
Understanding these differences can highlight the variations in property tax burdens across different regions. This knowledge can be valuable when considering property investments or understanding your own property tax obligations.
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 East Burke Tax Rate
2.48%
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
2.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across East Burke, Caledonia County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05832 | 2.48% | 2.48% | 2.48% | 2.48% | 2.48% |
Source: Ownwell
Property Tax Assessment Values Across East Burke, Caledonia County, Vermont
When examining property taxes in East Burke, 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.
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 East Burke. For example, the median home price in East Burke is $201,400, with tax bills ranging significantly across the county. Zip code 05832 has the highest median home price at $201,400.
Property Tax Assessment Values Across East Burke, Caledonia County, Vermont
Source: Ownwell
$63,600
$165,900
$268,200
Median East Burke Market Value
$201,400
Median Caledonia County Market Value
$151,500
Median Vermont Market Value
$199,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across East Burke, Caledonia County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05832 | $101,440 | $146,300 | $201,400 | $277,500 | $421,500 |
Source: Ownwell
Property Tax Bills Across East Burke, Caledonia County, Vermont
Median East Burke Tax Bill
$5,022
Median Caledonia County Tax Bill
$3,630
Median Vermont Tax Bill
$3,843
Median United States Tax Bill
$2,400
Property Tax Bills Across East Burke, Caledonia County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05832 | $2,516 | $3,612 | $5,022 | $6,995 | $11,228 |
Source: Ownwell