Bloomfield, Essex County, Vermont Property Taxes

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

Median Bloomfield, VT effective property tax rate: 1.96%, significantly higher than the national median of 1.02%, but lower than the Vermont state median of 2.11%.
Median Bloomfield, VT home value: $104,100
Median annual Bloomfield, VT tax bill: $1,953, $447 lower than the national median property tax bill of $2,400.

How are property taxes in Essex calculated?

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

Last Updated March 1, 2025

Bloomfield, Essex County, Vermont Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.82%

Estimate Property Tax Bill

$2,016

$1,870

Ownwell’s Bloomfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bloomfield with just two data points.

By entering your property's estimated assessed value, our calculator applies Bloomfield’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 Essex County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bloomfield, Essex County, Vermont

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variance occurs because each county must annually estimate its budgetary needs to provide essential services and then divide that amount by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Though votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In Bloomfield, located in Essex County, Vermont, the effective property tax rate stands out when compared to other cities in the state. Vermont's median property tax rate is notably higher than the national median of 1.02%, reflecting the state's approach to funding local services. Bloomfield's rate is consistent with the state's median, indicating a uniform approach across Essex County. This alignment suggests that Bloomfield residents experience similar property tax obligations as those in other parts of Vermont. Understanding these rates is crucial for homeowners considering property tax appeals or exemptions, as even slight variations can significantly impact annual tax bills.

Property Tax Rates Across Bloomfield, Essex County, Vermont

Source: Ownwell

1.18%

1.50%

1.82%

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 Bloomfield Tax Rate

1.82%

Median Effective Essex County Tax Rate

1.62%

Median Effective Vermont Tax Rate

1.92%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bloomfield, Essex County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
05905	1.72%	1.72%	1.82%	1.86%	1.96%

Source: Ownwell

Property Tax Assessment Values Across Bloomfield, Essex County, Vermont

When examining property taxes in Bloomfield, 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 Essex 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 Essex County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Bloomfield. For example, the median home price in Bloomfield is $104,100, with tax bills ranging significantly across the county. Zip code 05905 has the highest median home price at $104,100.

Property Tax Assessment Values Across Bloomfield, Essex County, Vermont

Source: Ownwell

$19,050

$126,625

$234,200

Median Bloomfield Market Value

$110,750

Median Essex County Market Value

$116,800

Median Vermont Market Value

$206,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bloomfield, Essex County, Vermont

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
05905	$16,800	$49,925	$110,750	$158,975	$244,500

Source: Ownwell

Property Tax Bills Across Bloomfield, Essex County, Vermont

In Bloomfield, Essex County, VT, property tax bills are determined by the assessed value of a home, which is then multiplied by the local tax rate. With a median home price of $104,100, homeowners here face a property tax bill that varies significantly. The tax bill at the 25th percentile is $953, while at the 75th percentile, it rises to $2,944, and at the 90th percentile, it reaches $4,539. This variability can significantly impact homeowners, especially when compared to the national median property tax rate of 1.02% and a median bill of $2,400. For Bloomfield residents, understanding these figures is crucial to managing their financial responsibilities effectively. Ownwell offers a solution by providing property tax appeal and exemption services, helping homeowners potentially lower their tax bills. By leveraging local expertise and a deep understanding of property tax regulations, Ownwell assists homeowners in navigating the complexities of property taxes, ensuring they pay only what is necessary and potentially saving them a substantial amount of money.

Property Tax Bills Across Bloomfield, Essex County, Vermont

Source: Ownwell

$217

$2,260

$4,303

Median Bloomfield Tax Bill

$2,048

Median Essex County Tax Bill

$1,797

Median Vermont Tax Bill

$4,235

Median United States Tax Bill

$2,400

Property Tax Bills Across Bloomfield, Essex County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
05905	$325	$882	$2,048	$2,929	$4,355

Source: Ownwell