Stowe, Washington County, Vermont Property Taxes
Median Stowe, VT effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, but lower than the Vermont state median of 2.11%.
Median Stowe, VT home value: $922,000
Median annual Stowe, VT tax bill: $8,210, $5,810 higher than the national median property tax bill of $2,400.
How are property taxes in Washington County calculated?
Property taxes in Stowe, 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 Stowe’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stowe, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Stowe, Washington County, Vermont Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.89%
Estimate Property Tax Bill
$8,206
$7,615
Ownwell’s Stowe Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Stowe with just two data points.
By entering your property's estimated assessed value, our calculator applies Stowe’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 Stowe, Washington County, Vermont
Local government entities are responsible for setting tax rates, which can significantly differ within a state. This variation arises because each county annually determines its budgetary needs for providing services and then divides it by the total taxable property value within its area. This calculation results in the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is the essence of the annual procedure.
In Stowe, located in Washington County, Vermont, the effective property tax rate offers an interesting comparison to other cities in Vermont and the broader U.S. landscape. Vermont's median property tax rate stands at 0.89%, which is below the national median of 1.02%. This lower rate can translate to savings for property owners in Stowe when compared to national averages. Understanding these differences can be crucial for homeowners considering property investments or those seeking to optimize their tax liabilities. By staying informed about how these rates are determined and how they compare, property owners can make more informed financial decisions.
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 Stowe Tax Rate
0.89%
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
2.08%
Median Effective Vermont Tax Rate
2.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Stowe, Washington County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05672 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Stowe, Washington County, Vermont
When examining property taxes in Stowe, 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 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 Stowe.
For example, the median home price in Stowe is $922,000, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Stowe, Washington County, Vermont
Source: Ownwell
$129,700
$261,775
$393,850
Median Stowe Market Value
$922,000
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 Stowe, Washington County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05672 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Stowe, Washington County, Vermont
In Stowe, Vermont, property tax bills are calculated based on the assessed value of a home, which is determined by the town's appraisal of the property's market value. Homeowners in Stowe face a median property tax bill of $8,210, significantly higher than the national median of $2,400. This difference can be attributed to the town's higher home values, with a median home price of $922,000. The property tax rate applied to the assessed value is influenced by local budgetary needs and state regulations, impacting the final tax bill.
For homeowners, these high tax bills can be a financial burden. However, Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell can help homeowners potentially lower their tax bills. Our experts work diligently to ensure fair taxation, allowing homeowners to save money and alleviate the stress of high property taxes. Partnering with Ownwell ensures that you pay only what is necessary, maximizing your savings and peace of mind.
Median Stowe Tax Bill
$8,210
Median Washington County Tax Bill
$3,773
Median Vermont Tax Bill
$3,843
Median United States Tax Bill
$2,400
Property Tax Bills Across Stowe, Washington County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05672 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell