Northfield, Washington County, Vermont Property Taxes

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

Median Northfield, VT effective property tax rate: 2.84%, significantly higher than the national median of 1.02%, but lower than the Vermont state median of 2.11%.
Median Northfield, VT home value: $161,800
Median annual Northfield, VT tax bill: $4,411, $2,011 higher than the national median property tax bill of $2,400.

How are property taxes in Washington calculated?

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

Last Updated March 1, 2025

Northfield, Washington County, Vermont Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.84%

Estimate Property Tax Bill

$4,595

$4,264

Ownwell’s Northfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Northfield with just two data points. By entering your property's estimated assessed value, our calculator applies Northfield’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 Northfield, Washington 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 essential 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 Northfield’s effective property tax rate to other cities in Vermont and the median property tax rates in Vermont and the U.S.

Northfield, located in Washington County, has an effective property tax rate of 2.84%, which is notably higher than the national median property tax rate of 1.02%. This high rate reflects the necessity to meet local budgetary requirements. When compared to the national median property tax bill of $2400, property owners in Northfield may find their bills significantly higher due to this elevated rate. Understanding these differences can help property owners make informed decisions when it comes to property tax appeals and exemptions.

Property Tax Rates Across Northfield, 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 Northfield Tax Rate

2.84%

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 Northfield, Washington County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
05663	2.08%	2.84%	2.84%	2.84%	2.84%

Source: Ownwell

Property Tax Assessment Values Across Northfield, Washington County, Vermont

When examining property taxes in Northfield, 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.

Assessment notices:

In Washington County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Northfield.

For example, the median home price in Northfield is $161,800, with tax bills ranging significantly across the county. Zip code 05663 has the highest median home price at $161,800.

Property Tax Assessment Values Across Northfield, Washington County, Vermont

Source: Ownwell

$129,700

$261,775

$393,850

Median Northfield Market Value

$161,800

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 Northfield, Washington County, Vermont

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
05663	$61,720	$118,150	$161,800	$214,150	$300,520

Source: Ownwell

Property Tax Bills Across Northfield, Washington County, Vermont

In Northfield, Vermont, property tax bills are determined by the assessed value of a home and the local tax rate set by Washington County. The assessed value is a percentage of the market value of the property, which is evaluated by the county assessor. The local tax rate is applied to this assessed value to calculate the annual tax bill. With a median home price of $161,800, Northfield homeowners can face significant tax bills. The median property tax bill in Northfield is notably higher than the national median, reflecting the local tax rate's impact on homeowners. Factors influencing the tax bill include property size, location, and any improvements made. Homeowners can potentially lower their tax bills by appealing their property’s assessed value. Ownwell offers expert property tax appeal services to help homeowners reduce their tax burden. By leveraging local expertise and data-driven insights, Ownwell can assist in identifying opportunities for savings, ensuring homeowners in Northfield pay only their fair share in property taxes.

Property Tax Bills Across Northfield, Washington County, Vermont

Source: Ownwell

$1,229

$3,870

$6,510

Median Northfield Tax Bill

$4,411

Median Washington County Tax Bill

$3,773

Median Vermont Tax Bill

$3,843

Median United States Tax Bill

$2,400

Property Tax Bills Across Northfield, Washington County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
05663	$1,465	$3,228	$4,411	$5,867	$7,722

Source: Ownwell