Westminster W, Windham County, Vermont Property Taxes
Median Westminster, VT effective property tax rate: 1.01%, slightly lower than the national median of 1.02%, but considerably lower than the Vermont state median of 2.11%.
Median Westminster, VT home value: $236,600
Median annual Westminster, VT tax bill: $2,256, $144 lower than the national median property tax bill of $2,400.
How are property taxes in Windham calculated?
Property taxes in Westminster, 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 Westminster’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Westminster, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Westminster W, Windham County, Vermont Property Tax Bill Calculator
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Property Tax Rates Across Westminster W, Windham County, Vermont
Local government entities determine tax rates, which can differ significantly across a state. This variation arises because each county annually calculates its budgetary needs for services, then divides this by the total assessed value of all taxable property in its area. This process results in the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is the essence of the yearly procedure.
In Westminster in Windham County, Vermont, the effective property tax rate reflects these calculations. When comparing Westminster's rate to other cities in Vermont, it's important to note the state's median property tax rate and how it aligns with the national median of 1.02%. Understanding these figures provides insight into how Westminster's property tax rate stands relative to both state and national averages. This comparison can help property owners make informed decisions about managing their property tax obligations and exploring potential appeal or exemption opportunities.
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 Westminster W Tax Rate
0.00%
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
2.16%
Median Effective Vermont Tax Rate
1.92%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Westminster W, Windham County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05346 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Westminster W, Windham County, Vermont
When examining property taxes in Westminster W, 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 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 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 Westminster W.
For example, the median home price in Westminster W is $236,600, with tax bills ranging significantly across the county. ZIP code 05346 has the highest median home price at $236,600.
Property Tax Assessment Values Across Westminster W, Windham County, Vermont
Source: Ownwell
$125,900
$285,300
$444,700
Median Westminster W Market Value
$241,000
Median Windham County Market Value
$200,200
Median Vermont Market Value
$206,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Westminster W, Windham County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05346 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Westminster W, Windham County, Vermont
In Westminster, located in Windham County, Vermont, property tax bills are determined by assessing the market value of a home and applying the local tax rate. Homeowners in Westminster face a median property tax bill of $2,256, slightly below the national median of $2,400. The town's tax bills range from $1,490 at the 25th percentile to $4,694 at the 90th percentile, reflecting varying property values and tax rates. These figures indicate that while some homeowners pay significantly less than the national median, others contribute substantially more, depending on their property's assessed value.
For homeowners, these taxes can represent a significant financial burden, particularly if the assessed value of their property is higher than its actual market value. This is where Ownwell can be a valuable ally. By providing expert property tax appeal and exemption services, Ownwell helps homeowners ensure their property is assessed accurately, potentially reducing their tax bill and alleviating financial strain. Through careful analysis and strategic appeals, Ownwell empowers homeowners to manage their property tax obligations more effectively.
Median Windham County Tax Bill
$4,612
Median Vermont Tax Bill
$4,235
Median United States Tax Bill
$2,400
Property Tax Bills Across Westminster W, Windham County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05346 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell