Cambridge, Chittenden County, Vermont Property Taxes

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

Median Cambridge, VT effective property tax rate: 0.49%, significantly lower than the national median of 1.02%, but lower than the Vermont state median of 2.11%.
Median Cambridge, VT home value: $337,000
Median annual Cambridge, VT tax bill: $950, $1,450 lower than the national median property tax bill of $2,400.

How are property taxes in Chittenden calculated?

Property taxes in Cambridge, 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 Cambridge’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cambridge, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Cambridge, Chittenden County, Vermont Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.49%

Estimate Property Tax Bill

$1,651

$1,532

Ownwell’s Cambridge Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cambridge with just two data points. By entering your property's estimated assessed value, our calculator applies Cambridge’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your 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 Chittenden. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cambridge, Chittenden County, Vermont

Local government entities set tax rates, which can vary widely within a state. This is because each year, counties estimate their required budgets to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell. Cambridge in Chittenden County, Vermont, is no exception to this process. The effective property tax rate in Cambridge is notably lower than both the state and national medians. Vermont's median property tax rate is higher than the national median of 1.02%, making Cambridge's rate particularly appealing for property owners. This lower rate can result in significant savings on property taxes, especially when compared to other cities within Vermont and across the U.S. For property owners in Cambridge, this translates to a more favorable tax environment, offering a compelling reason to consider property investments in this area.

Property Tax Rates Across Cambridge, Chittenden County, Vermont

Source: Ownwell

0.51%

2.91%

5.31%

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 Cambridge Tax Rate

0.49%

Median Effective Chittenden County Tax Rate

1.83%

Median Effective Vermont Tax Rate

2.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cambridge, Chittenden County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
05444	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Cambridge, Chittenden County, Vermont

When examining property taxes in Cambridge, 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 Chittenden 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 Chittenden 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 Cambridge. For example, the median home price in Cambridge is $337,000, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Cambridge, Chittenden County, Vermont

Source: Ownwell

$183,250

$318,425

$453,600

Median Cambridge Market Value

$337,000

Median Chittenden County Market Value

$281,900

Median Vermont Market Value

$199,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cambridge, Chittenden County, Vermont

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
05444	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Cambridge, Chittenden County, Vermont

In Cambridge, Vermont, property tax bills are calculated based on the assessed value of a home, which is typically determined by the local assessor's office. With a median home price of $337,000, homeowners in Cambridge can expect their property tax bills to vary significantly. While the national median property tax bill is $2,400, Cambridge homeowners may find themselves paying less, with the 25th percentile tax bill at $840, and the 75th percentile at $1,463. However, those at the 90th percentile could pay as much as $1,770. Factors influencing these tax bills include the assessed value of the property, local tax rates, and any applicable exemptions or deductions. High property taxes can be a financial burden for homeowners, but Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging their expertise, Ownwell helps homeowners navigate the complexities of property tax assessments and identify potential savings, ensuring they pay only their fair share.

Property Tax Bills Across Cambridge, Chittenden County, Vermont

Source: Ownwell

$4,441

$8,881

Median Cambridge Tax Bill

$950

Median Chittenden County Tax Bill

$5,508

Median Vermont Tax Bill

$3,843

Median United States Tax Bill

$2,400

Property Tax Bills Across Cambridge, Chittenden County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
05444	N/A	N/A	N/A	N/A	N/A

Source: Ownwell