Rochester, Rutland County, Vermont Property Taxes
Median Rochester, VT effective property tax rate: 1.63%, significantly higher than the national median of 1.02%, but lower than the Vermont state median of 2.11%.
Median Rochester, VT home value: $90,750
Median annual Rochester, VT tax bill: $1,320, $1,080 lower than the national median property tax bill of $2,400.
How are property taxes in Rutland calculated?
Property taxes in Rochester, 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 Rochester’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rochester, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rochester, Rutland County, Vermont Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.63%
Estimate Property Tax Bill
$1,479
$1,373
Property Tax Rates Across Rochester, Rutland County, Vermont
Local government entities determine property tax rates, which can significantly differ within a state. This variation occurs because each county, like Rutland, calculates its budget needs for services annually and divides this by the total assessed value of all taxable property within its boundaries. This process determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the fundamental approach taken each year.
In Rochester, located in Rutland County, the effective property tax rate is 1.63%. This is notably higher than the national median property tax rate of 1.02%. When comparing Rochester’s rate to other cities in Vermont and the national average, it's clear that residents face a higher tax burden. Such differences highlight the importance of understanding local tax structures and their impact on property owners. By being aware of these rates, property owners can better navigate the financial responsibilities associated with property taxes and explore opportunities for appeals or exemptions.
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 Rochester Tax Rate
1.63%
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 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 Rochester, Rutland County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05767 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Rochester, Rutland County, Vermont
When examining property taxes in Rochester, 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 Rochester. For example, the median home price in Rochester is $90,750, with tax bills ranging significantly across the county. 05767 has the highest median home price.
Property Tax Assessment Values Across Rochester, Rutland County, Vermont
Source: Ownwell
$78,800
$178,250
$277,700
Median Rochester Market Value
$90,750
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 Rochester, Rutland County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05767 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Rochester, Rutland County, Vermont
In Rochester, Vermont, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. With a median home price of $90,750 in Rutland County, homeowners often find their property tax bills to vary significantly. While the national median property tax rate is 1.02%, Rochester's tax bills can range from $800 at the 25th percentile to $4,990 at the 90th percentile, reflecting the diverse property values in the area.
These property taxes fund essential services such as schools, public safety, and infrastructure, directly impacting the community. However, high property taxes can be a burden for homeowners. This is where Ownwell comes in, offering property tax appeal and exemption services to help homeowners potentially reduce their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist in filing appeals, ensuring homeowners pay only their fair share.
Median Rochester Tax Bill
$1,320
Median Rutland County Tax Bill
$2,337
Median Vermont Tax Bill
$3,843
Median United States Tax Bill
$2,400
Property Tax Bills Across Rochester, Rutland County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05767 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell