West Rutland, Rutland County, Vermont Property Taxes
Median West Rutland, VT effective property tax rate: 2.27%, significantly higher than the national median of 1.02%, but lower than the Vermont state median of 2.11%.
Median West Rutland, VT home value: $147,800
Median annual West Rutland, VT tax bill: $3,257, $857 higher than the national median property tax bill of $2,400.
How are property taxes in Rutland calculated?
Property taxes in West Rutland, 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 West Rutland’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in West Rutland, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
West Rutland, Rutland County, Vermont Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.27%
Estimate Property Tax Bill
$3,355
$3,113
Property Tax Rates Across West Rutland, Rutland County, Vermont
Local government entities set tax rates, which can vary widely within a state. This is because 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.
In West Rutland, located in Rutland County, Vermont, the effective property tax rate stands at 2.27%. This is notably higher than the national median property tax rate of 1.02%. The median property tax rate in Vermont is also 2.27%, which is consistent with the rate in West Rutland. This suggests that West Rutland’s tax rate is reflective of broader state trends. When compared to the national median property tax bill of $2,400, the tax burden in West Rutland is considerably higher. Understanding these rates and their implications can empower property owners to make informed decisions about their tax liabilities and explore potential avenues for appeal or exemption.
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 West Rutland Tax Rate
2.27%
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 West Rutland, Rutland County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05777 | 2.27% | 2.27% | 2.27% | 2.27% | 2.40% |
Source: Ownwell
Property Tax Assessment Values Across West Rutland, Rutland County, Vermont
When examining property taxes in West Rutland, 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 West Rutland. For example, the median home price in West Rutland is $147,800, with tax bills ranging significantly across the county. Zip code 05777 has the highest median home price at $147,800.
Property Tax Assessment Values Across West Rutland, Rutland County, Vermont
Source: Ownwell
$78,800
$178,250
$277,700
Median West Rutland Market Value
$147,800
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 West Rutland, Rutland County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05777 | $82,220 | $115,900 | $147,800 | $197,100 | $273,540 |
Source: Ownwell
Property Tax Bills Across West Rutland, Rutland County, Vermont
In West Rutland, VT, property tax bills are determined by the assessed value of a home and the local tax rate. The assessed value is a percentage of the home's market value, which is then multiplied by the local tax rate to calculate the tax bill. Homeowners in West Rutland face a median property tax bill of $3,257, which is significantly higher than the national median of $2,400. Factors such as property size, location, and improvements can influence the assessed value, thus affecting the tax bill. For homeowners, this can mean higher costs of living, particularly if their property's assessed value increases.
Ownwell assists homeowners in West Rutland by offering property tax appeal and exemption services. By analyzing property data and identifying discrepancies in assessments, Ownwell can help homeowners potentially reduce their tax bills. This not only provides financial relief but also ensures that homeowners are paying a fair amount. With expertise in navigating the complexities of property tax laws, Ownwell offers a valuable service to those looking to save on their property taxes.
Median West Rutland Tax Bill
$3,257
Median Rutland County Tax Bill
$2,337
Median Vermont Tax Bill
$3,843
Median United States Tax Bill
$2,400
Property Tax Bills Across West Rutland, Rutland County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05777 | $1,952 | $2,616 | $3,257 | $4,050 | $5,684 |
Source: Ownwell