Marshfield, Washington County, Vermont Property Taxes
Median Marshfield, VT effective property tax rate: 2.20%, significantly higher than the national median of 1.02%, but lower than the Vermont state median of 2.11%. Median Marshfield, VT home value: $167,800. Median annual Marshfield, VT tax bill: $3,513, $1,113 higher than the national median property tax bill of $2,400.
How are property taxes in Washington County calculated?
Property taxes in Marshfield, 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 Marshfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Marshfield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Marshfield, Washington County, Vermont Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.45%
Estimate Property Tax Bill
$2,317
$2,150
Property Tax Rates Across Marshfield, Washington County, Vermont
Local government entities determine property tax rates, which can vary significantly across a state. The reason for this variation lies in the annual budget-setting process. Each county estimates the budget required to provide essential services and divides it by the total value of all taxable properties within its jurisdiction. This calculation yields the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is the fundamental process.
In Marshfield, Vermont, located in Washington County, the effective property tax rate is notably higher than both the state and national medians. Vermont's median property tax rate stands at a significant 2.20%, which is more than double the national median rate of 1.02%. This places Marshfield among the highest in the state. When comparing to the U.S. median property tax bill of $2,400, residents of Marshfield face substantially higher tax bills due to this elevated rate. Understanding these local tax dynamics is crucial for property owners seeking to manage their tax liabilities effectively.
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 Marshfield Tax Rate
1.45%
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 Washington County Tax Rate
1.73%
Median Effective Vermont Tax Rate
1.92%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Marshfield, Washington County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05658 | 1.38% | 1.38% | 1.45% | 1.62% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Marshfield, Washington County, Vermont
When examining property taxes in Marshfield, 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 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 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 Marshfield.
For example, the median home price in Marshfield is $167,800, with tax bills ranging significantly across the county. Zip code 05658 has the highest median home price at $167,800.
Property Tax Assessment Values Across Marshfield, Washington County, Vermont
Source: Ownwell
$88,800
$254,300
$419,800
Median Marshfield Market Value
$159,800
Median Washington County Market Value
$207,400
Median Vermont Market Value
$206,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Marshfield, Washington County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05658 | $49,520 | $102,500 | $159,800 | $243,400 | $345,000 |
Source: Ownwell
Property Tax Bills Across Marshfield, Washington County, Vermont
Median Marshfield Tax Bill
$2,495
Median Washington County Tax Bill
$3,219
Median Vermont Tax Bill
$4,235
Median United States Tax Bill
$2,400
Property Tax Bills Across Marshfield, Washington County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05658 | $728 | $1,604 | $2,495 | $3,753 | $5,179 |
Source: Ownwell