Cabot, Washington County, Vermont Property Taxes

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

Median Cabot, VT effective property tax rate: 2.32%, significantly higher than the national median of 1.02%, but lower than the Vermont state median of 2.11%.
Median Cabot, VT home value: $174,000
Median annual Cabot, VT tax bill: $4,105, $1,705 higher than the national median property tax bill of $2,400.

How are property taxes in Washington calculated?

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

Last Updated March 1, 2025

Cabot, Washington County, Vermont Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.32%

Estimate Property Tax Bill

$4,037

$3,746

Ownwell’s Cabot Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cabot with just two data points. By entering your property's estimated assessed value, our calculator applies Cabot’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 Washington County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cabot, Washington County, Vermont

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? 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. Below, you can compare Cabot’s effective property tax rate to other cities in Vermont and the median property tax rates in Vermont and the U.S. Cabot, located in Washington County, experiences a property tax rate of 2.32%, which is significantly higher than the national median property tax rate of 1.02%. This high rate reflects the state’s approach to funding local services, which relies heavily on property taxes. Homeowners in Cabot should be aware of this rate, as it affects their annual tax bills and overall housing costs. Understanding these rates can help residents make informed decisions about property ownership and financial planning.

Property Tax Rates Across Cabot, Washington County, Vermont

Source: Ownwell

0.34%

1.59%

2.84%

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 Cabot Tax Rate

2.32%

Median Effective Washington County Tax Rate

2.08%

Median Effective Vermont Tax Rate

2.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cabot, Washington County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
05647	2.32%	2.32%	2.32%	2.32%	2.32%

Source: Ownwell

Property Tax Assessment Values Across Cabot, Washington County, Vermont

When examining property taxes in Cabot, 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 Washington 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 Washington 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 Cabot.

For example, the median home price in Cabot is $174,000, with tax bills ranging significantly across the county. 05647 has the highest median home price at $174,000.

Property Tax Assessment Values Across Cabot, Washington County, Vermont

Source: Ownwell

$129,700

$261,775

$393,850

Median Cabot Market Value

$174,000

Median Washington County Market Value

$205,330

Median Vermont Market Value

$199,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cabot, Washington County, Vermont

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
05647	$84,580	$126,700	$174,000	$258,950	$367,880

Source: Ownwell

Property Tax Bills Across Cabot, Washington County, Vermont

In Cabot, located in Washington County, VT, property tax bills are calculated based on the assessed value of your home, which is then multiplied by the local tax rate. With a median home price of $174,000, Cabot's property tax bills can vary significantly, ranging from the 25th percentile at $2,947 to the 90th percentile at $8,581. This variation highlights the impact of differing property values and tax rates on homeowners. Compared to the national median property tax bill of $2,400, Cabot's figures suggest a higher burden for some residents. Factors such as local government budgets and school funding needs influence these rates. For homeowners, this can mean a substantial portion of their budget is dedicated to property taxes. Ownwell offers a solution by providing expert property tax appeal and exemption services. By analyzing your property’s assessed value and identifying potential discrepancies, Ownwell can help reduce your tax liability, ensuring you only pay what is fair and potentially saving you hundreds or even thousands annually.

Property Tax Bills Across Cabot, Washington County, Vermont

Source: Ownwell

$1,229

$3,870

$6,510

Median Cabot Tax Bill

$4,105

Median Washington County Tax Bill

$3,773

Median Vermont Tax Bill

$3,843

Median United States Tax Bill

$2,400

Property Tax Bills Across Cabot, Washington County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
05647	$1,970	$2,947	$4,105	$6,122	$8,581

Source: Ownwell