Rutland County Property Taxes
The median property tax rate in Rutland County is 1.74%, which is significantly higher than the national median of 0.99% but lower than the Vermont state median of 2.11%. With the median home value in Rutland County at $162,600, the typical annual property tax bill reaches $2,337, which is below the national median of $2,690. Property taxes in Rutland County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Rutland County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Rutland or another part of Rutland County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rutland County Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
2.11%
Estimate Property Tax Bill
$4,220
Ownwell’s Rutland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Rutland with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Rutland to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Rutland County, Vermont
Property taxes in Rutland play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Rutland is 1.74%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Rutland set these rates annually, and they can vary significantly between different areas within the county. Each year, Rutland estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Rutland's effective property tax rate with other regions in Vermont and the national median. For comparison, the city of Goshen has one of the higher property tax rates in Vermont at 2.61%, while the city of Rutland boasts one of the lowest at 0.84%. Analyzing how Rutland's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Rutland County Tax Rate
1.74%
Average Vermont Tax Rate
2.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rutland County, Vermont
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belmont | N/A | N/A | N/A | N/A | N/A |
| Benson | 2.31% | 2.31% | 2.31% | 2.31% | 2.31% |
| Bomoseen | 2.11% | 2.11% | 2.11% | 2.11% | 2.43% |
| Brandon | 2.52% | 2.61% | 2.61% | 2.61% | 2.61% |
| Bridgewater Corners | N/A | N/A | N/A | N/A | N/A |
| Castleton | 2.11% | 2.11% | 2.11% | 2.11% | 2.43% |
| Center Rutland | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% |
| Chittenden | N/A | N/A | N/A | N/A | N/A |
| Clarendon | N/A | N/A | N/A | N/A | N/A |
| Clarendon Springs | N/A | N/A | N/A | N/A | N/A |
| Cuttingsville | N/A | N/A | N/A | N/A | N/A |
| Danby | N/A | N/A | N/A | N/A | N/A |
| Dorset | 1.96% | 1.96% | 1.96% | 1.96% | 1.96% |
| East Dorset | 1.88% | 1.88% | 1.88% | 1.88% | 1.88% |
| East Poultney | 0.70% | 0.97% | 1.43% | 1.89% | 2.16% |
| East Wallingford | N/A | N/A | N/A | N/A | N/A |
| E Wallingford | N/A | N/A | N/A | N/A | N/A |
| Fair Haven | N/A | N/A | N/A | N/A | N/A |
| Florence | 2.27% | 2.27% | 2.27% | 2.27% | 2.27% |
| Goshen | 2.61% | 2.61% | 2.61% | 2.61% | 2.61% |
| Hubbardton | 2.43% | 2.43% | 2.43% | 2.43% | 2.43% |
| Ira | 2.40% | 2.40% | 2.40% | 2.40% | 2.40% |
| Killington | N/A | N/A | N/A | N/A | N/A |
| Leicester | 2.04% | 2.40% | 2.61% | 2.61% | 2.61% |
| Mendon | N/A | N/A | N/A | N/A | N/A |
| Middletown Springs | N/A | N/A | N/A | N/A | N/A |
| Mount Holly | N/A | N/A | N/A | N/A | N/A |
| Mount Tabor | 1.88% | 1.88% | 1.88% | 1.88% | 1.88% |
| N Clarendon | N/A | N/A | N/A | N/A | N/A |
| North Chittenden | N/A | N/A | N/A | N/A | N/A |
| North Clarendon | 0.65% | 1.74% | 1.74% | 1.74% | 1.74% |
| Orwell | 2.31% | 2.31% | 2.43% | 2.43% | 2.43% |
| Pawlet | N/A | N/A | N/A | N/A | N/A |
| Pittsfield | 1.42% | 1.61% | 1.68% | 1.73% | 1.85% |
| Pittsford | 2.27% | 2.27% | 2.27% | 2.27% | 2.27% |
| Poultney | N/A | N/A | N/A | N/A | N/A |
| Proctor | N/A | N/A | N/A | N/A | N/A |
| Rochester | 1.25% | 1.39% | 1.63% | 1.68% | 1.87% |
| Rutland | 0.26% | 0.71% | 0.84% | 1.74% | 1.74% |
| Rutland Town | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% |
| S Chittenden | 2.20% | 2.20% | 2.20% | 2.20% | 2.20% |
| Shrewsbury | N/A | N/A | N/A | N/A | N/A |
| South Chittenden | 2.20% | 2.20% | 2.20% | 2.20% | 2.20% |
| Stockbridge | 1.64% | 1.64% | 1.64% | 1.64% | 1.64% |
| Sudbury | 2.43% | 2.43% | 2.43% | 2.43% | 2.43% |
| Tinmouth | 2.38% | 2.39% | 2.39% | 2.39% | 2.39% |
| Wallingford | N/A | N/A | N/A | N/A | N/A |
| Wells | N/A | N/A | N/A | N/A | N/A |
| West Haven | 1.51% | 1.51% | 1.51% | 1.51% | 1.51% |
| West Pawlet | N/A | N/A | N/A | N/A | N/A |
| West Rutland | 2.27% | 2.27% | 2.27% | 2.27% | 2.40% |
| Whiting | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Rutland County, Vermont
In Rutland, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Rutland Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Rutland are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Rutland will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. Notably, South Chittenden has the highest median tax bill at $22,179, while Rutland boasts the lowest at $1,139.
Property Tax Assessment Values Across Rutland County, Vermont
Source: Ownwell
$78,800
$543,650
$1,008,500
Average Rutland County Assessed Value
$162,600
Average Vermont Assessed Value
$199,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rutland County, Vermont
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belmont | N/A | N/A | N/A | N/A | N/A |
| Benson | $54,430 | $95,550 | $155,250 | $217,475 | $307,150 |
| Bomoseen | $105,000 | $133,775 | $186,600 | $283,875 | $416,350 |
| Brandon | $72,940 | $116,950 | $162,400 | $216,350 | $285,740 |
| Bridgewater Corners | N/A | N/A | N/A | N/A | N/A |
| Castleton | $67,630 | $114,450 | $166,400 | $256,450 | $371,870 |
| Center Rutland | $104,890 | $131,600 | $157,900 | $230,975 | $351,620 |
| Chittenden | N/A | N/A | N/A | N/A | N/A |
| Clarendon | N/A | N/A | N/A | N/A | N/A |
| Clarendon Springs | N/A | N/A | N/A | N/A | N/A |
| Cuttingsville | N/A | N/A | N/A | N/A | N/A |
| Danby | N/A | N/A | N/A | N/A | N/A |
| Dorset | $202,800 | $202,800 | $202,800 | $202,800 | $202,800 |
| East Dorset | $81,560 | $129,700 | $277,700 | $387,650 | $417,540 |
| East Poultney | $206,400 | $207,450 | $209,200 | $210,950 | $212,000 |
| East Wallingford | N/A | N/A | N/A | N/A | N/A |
| E Wallingford | N/A | N/A | N/A | N/A | N/A |
| Fair Haven | N/A | N/A | N/A | N/A | N/A |
| Florence | $77,350 | $110,700 | $148,700 | $198,675 | $276,530 |
| Goshen | $140,100 | $140,100 | $140,100 | $140,100 | $140,100 |
| Hubbardton | $14,950 | $43,025 | $137,100 | $180,650 | $216,050 |
| Ira | $6,420 | $12,375 | $100,300 | $182,150 | $278,510 |
| Killington | N/A | N/A | N/A | N/A | N/A |
| Leicester | $119,950 | $136,825 | $187,050 | $253,050 | $298,320 |
| Mendon | N/A | N/A | N/A | N/A | N/A |
| Middletown Springs | N/A | N/A | N/A | N/A | N/A |
| Mount Holly | N/A | N/A | N/A | N/A | N/A |
| Mount Tabor | $13,260 | $75,650 | $186,150 | $201,225 | $265,540 |
| N Clarendon | N/A | N/A | N/A | N/A | N/A |
| North Chittenden | N/A | N/A | N/A | N/A | N/A |
| North Clarendon | $41,840 | $106,750 | $168,300 | $234,050 | $298,300 |
| Orwell | $66,300 | $121,400 | $155,172 | $200,200 | $274,700 |
| Pawlet | N/A | N/A | N/A | N/A | N/A |
| Pittsfield | $80,620 | $185,700 | $266,000 | $340,700 | $440,980 |
| Pittsford | $74,720 | $110,700 | $154,700 | $219,200 | $298,320 |
| Poultney | N/A | N/A | N/A | N/A | N/A |
| Proctor | N/A | N/A | N/A | N/A | N/A |
| Rochester | $46,150 | $48,050 | $90,750 | $238,375 | $297,850 |
| Rutland | $86,470 | $112,000 | $139,800 | $184,425 | $253,260 |
| Rutland Town | $93,200 | $110,300 | $133,100 | $136,200 | $159,300 |
| S Chittenden | $319,840 | $373,000 | $461,600 | $498,300 | $520,320 |
| Shrewsbury | N/A | N/A | N/A | N/A | N/A |
| South Chittenden | $1,008,500 | $1,008,500 | $1,008,500 | $1,008,500 | $1,008,500 |
| Stockbridge | $239,400 | $239,400 | $239,400 | $239,400 | $239,400 |
| Sudbury | $124,280 | $170,162 | $227,950 | $321,614 | $402,384 |
| Tinmouth | $90,960 | $146,300 | $207,000 | $296,850 | $378,780 |
| Wallingford | N/A | N/A | N/A | N/A | N/A |
| Wells | N/A | N/A | N/A | N/A | N/A |
| West Haven | $102,500 | $135,500 | $187,100 | $270,800 | $420,460 |
| West Pawlet | N/A | N/A | N/A | N/A | N/A |
| West Rutland | $82,220 | $115,900 | $147,800 | $197,100 | $273,540 |
| Whiting | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Rutland County, Vermont
In Rutland County, VT, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is a percentage of the market value, and the tax rate is applied to this assessed value to determine the annual tax bill. Homeowners in Rutland County experience a wide range of property tax bills. For instance, the 25th percentile tax bill is $972, while the 75th percentile tax bill rises to $4,102, and the 90th percentile tax bill can reach as high as $6,274. These variations depend on factors such as property location, home size, and local school district funding needs. Compared to the national median property tax rate of 0.99%, Rutland County's property tax rates can significantly impact homeowners, influencing decisions on home purchases and financial planning. The lowest median tax bill in the county is $1,139 in Rutland City, while the highest median tax bill in South Chittenden is a substantial $22,179, highlighting the diverse tax landscape within the county.
Average Rutland County Tax Bill
$2,337
Average Vermont Tax Bill
$3,843
Average United States Tax Bill
$2,690
Property Tax Bills Across Rutland County, Vermont
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Belmont | N/A | N/A | N/A | N/A | N/A |
| Benson | $1,220 | $2,190 | $3,515 | $5,022 | $7,058 |
| Bomoseen | $2,214 | $2,899 | $4,026 | $6,302 | $8,712 |
| Brandon | $1,899 | $3,012 | $4,147 | $5,420 | $7,157 |
| Bridgewater Corners | N/A | N/A | N/A | N/A | N/A |
| Castleton | $1,459 | $2,458 | $3,555 | $5,515 | $7,912 |
| Center Rutland | $1,819 | $2,272 | $2,720 | $3,830 | $6,208 |
| Chittenden | N/A | N/A | N/A | N/A | N/A |
| Clarendon | N/A | N/A | N/A | N/A | N/A |
| Clarendon Springs | N/A | N/A | N/A | N/A | N/A |
| Cuttingsville | N/A | N/A | N/A | N/A | N/A |
| Danby | N/A | N/A | N/A | N/A | N/A |
| Dorset | $3,971 | $3,971 | $3,971 | $3,971 | $3,971 |
| East Dorset | $1,534 | $2,440 | $5,224 | $7,520 | $8,887 |
| East Poultney | $1,470 | $2,028 | $2,958 | $3,887 | $4,445 |
| East Wallingford | N/A | N/A | N/A | N/A | N/A |
| E Wallingford | N/A | N/A | N/A | N/A | N/A |
| Fair Haven | N/A | N/A | N/A | N/A | N/A |
| Florence | $1,748 | $2,452 | $3,364 | $4,524 | $6,158 |
| Goshen | $3,654 | $3,654 | $3,654 | $3,654 | $3,654 |
| Hubbardton | $315 | $1,022 | $3,041 | $4,326 | $5,318 |
| Ira | $154 | $297 | $2,406 | $4,370 | $6,681 |
| Killington | N/A | N/A | N/A | N/A | N/A |
| Leicester | $3,128 | $3,568 | $4,847 | $5,897 | $5,925 |
| Mendon | N/A | N/A | N/A | N/A | N/A |
| Middletown Springs | N/A | N/A | N/A | N/A | N/A |
| Mount Holly | N/A | N/A | N/A | N/A | N/A |
| Mount Tabor | $250 | $1,423 | $3,257 | $3,785 | $4,995 |
| N Clarendon | N/A | N/A | N/A | N/A | N/A |
| North Chittenden | N/A | N/A | N/A | N/A | N/A |
| North Clarendon | $552 | $1,060 | $2,391 | $3,404 | $5,464 |
| Orwell | $1,990 | $3,124 | $4,536 | $5,027 | $6,685 |
| Pawlet | N/A | N/A | N/A | N/A | N/A |
| Pittsfield | $1,842 | $3,410 | $4,536 | $5,730 | $7,298 |
| Pittsford | $1,696 | $2,520 | $3,516 | $4,980 | $6,760 |
| Poultney | N/A | N/A | N/A | N/A | N/A |
| Proctor | N/A | N/A | N/A | N/A | N/A |
| Rochester | $680 | $800 | $1,320 | $3,829 | $4,990 |
| Rutland | $289 | $802 | $1,139 | $2,310 | $4,225 |
| Rutland Town | $1,621 | $1,919 | $2,316 | $2,370 | $2,772 |
| S Chittenden | $7,033 | $8,202 | $10,151 | $10,958 | $11,442 |
| Shrewsbury | N/A | N/A | N/A | N/A | N/A |
| South Chittenden | $22,179 | $22,179 | $22,179 | $22,179 | $22,179 |
| Stockbridge | $3,920 | $3,920 | $3,920 | $3,920 | $3,920 |
| Sudbury | $666 | $2,439 | $3,183 | $4,015 | $4,545 |
| Tinmouth | $1,937 | $3,324 | $4,420 | $7,012 | $9,065 |
| Wallingford | N/A | N/A | N/A | N/A | N/A |
| Wells | N/A | N/A | N/A | N/A | N/A |
| West Haven | $1,611 | $2,049 | $2,827 | $4,108 | $6,743 |
| West Pawlet | N/A | N/A | N/A | N/A | N/A |
| West Rutland | $1,952 | $2,616 | $3,257 | $4,050 | $5,684 |
| Whiting | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell