Dorset, Rutland County, Vermont Property Taxes

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

Median Dorset, 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 Dorset, VT home value: $202,800
Median annual Dorset, VT tax bill: $3,971, $1,571 higher than the national median property tax bill of $2,400.

How are property taxes in Rutland calculated?

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

Last Updated March 1, 2025

Dorset, Rutland County, Vermont Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.96%

Estimate Property Tax Bill

$3,975

$3,689

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

By entering your property's estimated assessed value, our calculator applies Dorset’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 Rutland.

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

Property Tax Rates Across Dorset, Rutland County, Vermont

Local government entities determine property tax rates, which can vary significantly within a state. Each county annually estimates the budget needed to provide services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. This process, though influenced by votes and laws, essentially governs annual property tax assessments.

In Dorset, located in Rutland County, Vermont, the effective property tax rate is a key figure for property owners. Compared to Vermont's median property tax rate of 1.96%, Dorset's rate provides insight into the local tax landscape. When measured against the national median property tax rate of 1.02%, it becomes clear how Vermont's rates stand on a broader scale. With the national median property tax bill at $2400, understanding these figures can help property owners anticipate their financial obligations.

Analyzing Dorset's property tax rate alongside others in Vermont and the national average offers a perspective on local taxation's role in funding essential services. This comparison is crucial for property owners making informed decisions about their investments and financial planning.

Property Tax Rates Across Dorset, Rutland County, Vermont

Source: Ownwell

0.84%

1.73%

2.61%

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 Dorset Tax Rate

1.96%

Median Effective Rutland County Tax Rate

1.74%

Median Effective Vermont Tax Rate

2.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Dorset, Rutland County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
05251	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Dorset, Rutland County, Vermont

When examining property taxes in Dorset, Vermont, 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 Rutland 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 Rutland 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 Dorset. For example, the median home price in Dorset is $202,800, with tax bills ranging significantly across the county. 05751 has the highest median home price at $202,800.

Property Tax Assessment Values Across Dorset, Rutland County, Vermont

Source: Ownwell

$78,800

$178,250

$277,700

Median Dorset Market Value

$202,800

Median Rutland County Market Value

$162,600

Median Vermont Market Value

$199,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Dorset, Rutland County, Vermont

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
05251	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Dorset, Rutland County, Vermont

In Dorset, located in Rutland County, VT, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The median home price in Dorset is $202,800, and property tax rates are applied to this assessed value to calculate the tax bill. The property tax bill at the 25th, 75th, and 90th percentiles is consistently $3,971, which is significantly higher than the national median property tax bill of $2,400. This disparity highlights the financial burden on Dorset homeowners, who pay a tax rate that exceeds the national median rate of 1.02%. Factors influencing the tax bill include the town's budgetary needs, local services, and school funding requirements. Ownwell assists homeowners in Dorset by providing expert property tax appeal and exemption services. By leveraging local market insights and assessment expertise, Ownwell helps homeowners potentially reduce their tax liabilities, ensuring they only pay their fair share and alleviating the financial strain of high property taxes.

Property Tax Bills Across Dorset, Rutland County, Vermont

Source: Ownwell

$1,139

$3,182

$5,224

Median Dorset Tax Bill

$3,971

Median Rutland County Tax Bill

$2,337

Median Vermont Tax Bill

$3,843

Median United States Tax Bill

$2,400

Property Tax Bills Across Dorset, Rutland County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
05251	N/A	N/A	N/A	N/A	N/A

Source: Ownwell