East Ryegate, Caledonia County, Vermont Property Taxes
Median East Ryegate, VT effective property tax rate: 2.15%, significantly higher than the national median of 1.02%, but lower than the Vermont state median of 2.11%.
Median East Ryegate, VT home value: $176,800
Median annual East Ryegate, VT tax bill: $20,375, $17,975 higher than the national median property tax bill of $2,400.
How are property taxes in Caledonia calculated?
Property taxes in East Ryegate, 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 Ryegate’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in East Ryegate, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
East Ryegate, Caledonia County, Vermont Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.15%
Estimate Property Tax Bill
$3,801
$3,527
Property Tax Rates Across East Ryegate, Caledonia County, Vermont
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 Ryegate Tax Rate
2.15%
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 Ryegate, Caledonia County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05042 | 2.15% | 2.15% | 2.15% | 2.15% | 2.15% |
Source: Ownwell
Property Tax Assessment Values Across East Ryegate, Caledonia County, Vermont
When examining property taxes in East Ryegate, 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 the season. 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 Ryegate. For example, the median home price in East Ryegate is $176,800, with tax bills ranging significantly across the county. Zip code 05042 has the highest median home price at $176,800.
Property Tax Assessment Values Across East Ryegate, Caledonia County, Vermont
Source: Ownwell
$63,600
$165,900
$268,200
Median East Ryegate Market Value
$176,800
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 Ryegate, Caledonia County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05042 | $67,180 | $112,900 | $176,800 | $251,200 | $354,500 |
Source: Ownwell
Property Tax Bills Across East Ryegate, Caledonia County, Vermont
In East Ryegate, located in Caledonia County, VT, property tax bills are calculated based on the assessed value of a property. This value is determined by local assessors who evaluate the property's market worth. The property tax rate is then applied to this assessed value to determine the final tax bill. Homeowners in East Ryegate face a median tax bill of $20,375, which is significantly higher than the national median of $2,400. This discrepancy highlights the importance of accurate assessments, as overvaluation can lead to unnecessarily high tax bills.
Factors influencing the assessed value include property size, location, and market conditions. High property taxes can strain homeowners' finances, particularly if their property is over-assessed. Ownwell offers assistance by reviewing assessments and identifying opportunities for appeal, potentially reducing the tax burden. By leveraging local expertise, Ownwell helps homeowners ensure their property taxes align more closely with their property's true market value, offering significant savings and financial relief.
Property Tax Bills Across East Ryegate, Caledonia County, Vermont
Source: Ownwell
$1,512
$10,944
$20,375
Median East Ryegate Tax Bill
$20,375
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 Ryegate, Caledonia County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05042 | $20,375 | $20,375 | $20,375 | $20,375 | $20,375 |
Source: Ownwell