Vernon, Windham County, Vermont Property Taxes
Median Vernon, VT effective property tax rate: 2.00%, significantly higher than the national median of 1.02%, but lower than the Vermont state median of 2.11%.
Median Vernon, VT home value: $208,400
Median annual Vernon, VT tax bill: $4,178, $1,778 higher than the national median property tax bill of $2,400.
How are property taxes in Windham County calculated?
Property taxes in Vernon, 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 Vernon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Vernon, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Vernon, Windham County, Vermont Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2%
Estimate Property Tax Bill
$4,168
$3,868
Property Tax Rates Across Vernon, Windham County, Vermont
Local government entities set tax rates, which can vary widely within a state. This variation is because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Vernon, located in Windham County, VT, the effective property tax rate stands out when compared to other cities in Vermont and the national median. With a median property tax rate of 2.00%, Vernon’s rate is notably higher than the national median of 1.02%. This means that residents in Vernon are paying a higher percentage of their property's assessed value in taxes compared to the average American homeowner. This can significantly impact household budgets, especially when contrasted with the national median property tax bill of $2,400. Understanding these differences is crucial for property owners who are looking to manage their expenses 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 Vernon Tax Rate
2.00%
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 Windham County Tax Rate
2.04%
Median Effective Vermont Tax Rate
2.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Vernon, Windham County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05354 | 2.00% | 2.00% | 2.00% | 2.02% | 2.07% |
Source: Ownwell
Property Tax Assessment Values Across Vernon, Windham County, Vermont
When examining property taxes in Vernon, 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 Windham 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 Windham 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 Vernon. For example, the median home price in Vernon is $208,400, with tax bills ranging significantly across the county. The zip code 05354 has the highest median home price at $208,400.
Property Tax Assessment Values Across Vernon, Windham County, Vermont
Source: Ownwell
$126,350
$222,725
$319,100
Median Vernon Market Value
$208,400
Median Windham County Market Value
$195,000
Median Vermont Market Value
$199,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Vernon, Windham County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05354 | $119,500 | $166,650 | $208,400 | $261,200 | $319,300 |
Source: Ownwell
Property Tax Bills Across Vernon, Windham County, Vermont
In Vernon, located in Windham County, VT, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Vernon is $208,400, which influences the overall tax bill. Homeowners in Vernon face a median tax bill of $4,178, significantly higher than the national median of $2,400. This discrepancy is largely due to the higher local tax rate. Tax bills can vary widely, with the 25th percentile at $3,326 and the 75th percentile reaching $5,203, while the 90th percentile can be as high as $6,425. These figures highlight the potential financial burden on homeowners if their property is over-assessed.
Ownwell offers valuable services to help homeowners in Vernon potentially reduce their property tax bills. By providing expert property tax appeal and exemption services, Ownwell assists homeowners in ensuring their property is assessed accurately, potentially leading to significant savings. With Ownwell’s guidance, homeowners can navigate the complexities of the property tax system and secure a fair tax bill.
Median Vernon Tax Bill
$4,178
Median Windham County Tax Bill
$3,712
Median Vermont Tax Bill
$3,843
Median United States Tax Bill
$2,400
Property Tax Bills Across Vernon, Windham County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05354 | $2,370 | $3,326 | $4,178 | $5,203 | $6,425 |
Source: Ownwell