Stowe, Lamoille County, Vermont Property Taxes
Median Stowe, VT effective property tax rate: 0.58%, significantly lower than the national median of 1.02%, but lower than the Vermont state median of 2.11%.
Median Stowe, VT home value: $381,000
Median annual Stowe, VT tax bill: $2,532, $132 higher than the national median property tax bill of $2,400.
How are property taxes in Lamoille County calculated?
Property taxes in Stowe, 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 Stowe’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stowe, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Stowe, Lamoille County, Vermont Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.58%
Estimate Property Tax Bill
$2,210
$2,051
Property Tax Rates Across Stowe, Lamoille County, Vermont
Local government entities set tax rates, which can vary widely within a state. 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. Below, you can compare Stowe’s effective property tax rate to other cities in Vermont and the median property tax rates in Vermont and the U.S.
In Stowe, located in Lamoille County, the property tax rate stands at 0.58%. This rate is notably lower than the national median property tax rate of 1.02%. Vermont’s property tax rates can vary, but Stowe offers a more favorable rate compared to the national average. With the national median property tax bill being $2,400, residents in Stowe benefit from a lower tax burden, making it an attractive option for homeowners. Understanding these differences can help property owners make informed decisions about their real estate investments and financial planning.
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 Stowe Tax Rate
0.58%
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 Lamoille County Tax Rate
2.18%
Median Effective Vermont Tax Rate
2.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Stowe, Lamoille County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05672 | 0.20% | 0.55% | 0.58% | 0.65% | 2.28% |
Source: Ownwell
Property Tax Assessment Values Across Stowe, Lamoille County, Vermont
When examining property taxes in Stowe, 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 Lamoille 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 Lamoille 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 Stowe. For example, the median home price in Stowe is $381,000, with tax bills ranging significantly across the county. 05672 has the highest median home price at $381,000.
Property Tax Assessment Values Across Stowe, Lamoille County, Vermont
Source: Ownwell
$125,650
$285,025
$444,400
Median Stowe Market Value
$381,000
Median Lamoille County Market Value
$219,600
Median Vermont Market Value
$199,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Stowe, Lamoille County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05672 | $171,730 | $252,950 | $381,000 | $581,300 | $952,350 |
Source: Ownwell
Property Tax Bills Across Stowe, Lamoille County, Vermont
Median Stowe Tax Bill
$2,532
Median Lamoille County Tax Bill
$3,189
Median Vermont Tax Bill
$3,843
Median United States Tax Bill
$2,400
Property Tax Bills Across Stowe, Lamoille County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05672 | $419 | $1,297 | $2,532 | $5,009 | $10,690 |
Source: Ownwell