Rutland Town, Rutland County, Vermont Property Taxes

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

Median Rutland Town, VT effective property tax rate: 1.74%, significantly higher than the national median of 1.02%, but lower than the Vermont state median of 2.11%.
Median Rutland Town, VT home value: $133,100
Median annual Rutland Town, VT tax bill: $2,316, $84 lower than the national median property tax bill of $2,400.

How are property taxes in Rutland calculated?

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

Last Updated March 1, 2025

Rutland Town, Rutland County, Vermont Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.74%

Estimate Property Tax Bill

$2,316

$2,149

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

By entering your property's estimated assessed value, our calculator applies Rutland Town’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 Rutland Town, Rutland County, Vermont

Local government entities determine tax rates, which can vary significantly across Vermont. Annually, each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although there are votes and laws involved in setting tax rates and budgets, this is essentially the annual process. Rutland Town in Rutland County has an effective property tax rate of 1.74%, which is notably higher than the national median property tax rate of 1.02%. This means property owners in Rutland Town might find themselves paying more in property taxes compared to other parts of the United States. However, it's essential to consider that these taxes fund important local services such as schools, infrastructure, and emergency services, contributing to the overall quality of life in the community. Comparing Rutland Town’s rate with other cities in Vermont and the national median provides valuable insights for property owners and potential buyers in the area.

Property Tax Rates Across Rutland Town, 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 Rutland Town Tax Rate

1.74%

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 Rutland Town, Rutland County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
05701	N/A	N/A	N/A	N/A	N/A
05736	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Rutland Town, Rutland County, Vermont

When examining property taxes in Rutland Town, 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 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 March. 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 Rutland Town.

For example, the median home price in Rutland Town is $133,100, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Rutland Town, Rutland County, Vermont

Source: Ownwell

$78,800

$178,250

$277,700

Median Rutland Town Market Value

$133,100

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 Rutland Town, Rutland County, Vermont

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
05701	N/A	N/A	N/A	N/A	N/A
05736	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Rutland Town, Rutland County, Vermont

In Rutland Town, VT, property tax bills are calculated based on the assessed value of a home, which is determined by the town's assessor. The local tax rate is then applied to this assessed value to calculate the annual tax bill. For homeowners in Rutland Town, the median property tax bill falls between $1,919 and $2,772, which is notably higher than the national median property tax bill of $2,400. This discrepancy can significantly impact homeowners, especially when the assessed value does not accurately reflect the market value of their property.

Various factors such as property location, market trends, and home improvements can influence the assessed value. For homeowners looking to reduce their property tax burden, Ownwell offers expert property tax appeal services. By thoroughly reviewing assessments and identifying discrepancies, Ownwell can help homeowners in Rutland Town potentially reduce their tax bills. This service ensures that homeowners only pay their fair share, providing peace of mind and potential savings.

Property Tax Bills Across Rutland Town, Rutland County, Vermont

Source: Ownwell

$1,139

$3,182

$5,224

Median Rutland Town Tax Bill

$2,316

Median Rutland County Tax Bill

$2,337

Median Vermont Tax Bill

$3,843

Median United States Tax Bill

$2,400

Property Tax Bills Across Rutland Town, Rutland County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
05701	N/A	N/A	N/A	N/A	N/A
05736	N/A	N/A	N/A	N/A	N/A

Source: Ownwell