Addison County, Vermont Property Taxes

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

Median Addison County effective property tax rate: 2.21%, significantly higher than the national median of 1.02%.
Median Addison County home value: $233,600
Median annual Addison County tax bill: $5,451, $3,051 higher than the national median property tax bill of $2,400.

How are property taxes in Addison County calculated?

Property taxes in Addison County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Middlebury or another part of Addison County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Addison County, Vermont Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.21%

Estimate Property Tax Bill

$5,163

$4,791

Ownwell’s Addison County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Addison County with just two data points. By entering your property's estimated assessed value, our calculator applies Addison County’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 more 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 Addison County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Addison County, Vermont

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide services, dividing 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. Addison County, Vermont, has an effective property tax rate of 2.21%, significantly higher than the national median of 1.02%. Within Addison County, the city of Bristol has the highest median tax rate at 2.69%, while Whiting boasts the lowest at 1.55%. These figures highlight the variability in property tax rates even within a single county. Such differences underscore the importance of understanding local tax assessments, as they can have a significant impact on property owners' tax bills. Comparing Addison County's rate to the national median provides valuable insight into how local tax policies can affect property taxes in Vermont.

Property Tax Rates Across Addison County, Vermont

Source: Ownwell

1.55%

2.12%

2.69%

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 Addison County Tax Rate

2.21%

Median Effective Vermont Tax Rate

2.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Addison County, Vermont

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Brandon	1.90%	1.90%	1.90%	1.90%	1.90%
Bridport	2.26%	2.26%	2.26%	2.26%	2.26%
Bristol	2.69%	2.69%	2.69%	2.69%	2.69%
Cornwall	2.04%	2.04%	2.04%	2.04%	2.04%
East Middlebury	2.39%	2.39%	2.39%	2.39%	2.39%
Ferrisburg	1.88%	1.88%	1.88%	1.88%	1.88%
Ferrisburgh	1.88%	1.88%	1.88%	1.88%	1.88%
Granville	2.21%	2.21%	2.21%	2.21%	2.21%
Hinesburg	2.12%	2.12%	2.12%	2.12%	2.12%
Leicester	1.90%	1.90%	1.90%	1.90%	1.90%
Lincoln	2.24%	2.24%	2.24%	2.24%	2.24%
Middlebury	2.39%	2.39%	2.39%	2.39%	2.39%
New Haven	2.06%	2.06%	2.07%	2.07%	2.07%
North Ferrisburgh	1.88%	1.88%	1.88%	1.88%	1.88%
Orwell	0.88%	2.21%	2.21%	2.21%	2.21%
Roxbury	2.21%	2.21%	2.21%	2.21%	2.21%
Salisbury	2.01%	2.01%	2.01%	2.01%	2.01%
Shoreham	2.21%	2.21%	2.21%	2.21%	2.21%
Vergennes	1.88%	1.88%	2.13%	2.13%	2.18%
Weybridge	2.04%	2.04%	2.04%	2.29%	2.39%
Whiting	1.55%	1.55%	1.55%	2.04%	2.21%
Addison	N/A	N/A	N/A	N/A	N/A
Goshen	N/A	N/A	N/A	N/A	N/A
Hancock	N/A	N/A	N/A	N/A	N/A
Huntington	N/A	N/A	N/A	N/A	N/A
N Ferrisburgh	N/A	N/A	N/A	N/A	N/A
Panton	N/A	N/A	N/A	N/A	N/A
Ripton	N/A	N/A	N/A	N/A	N/A
Rochester	N/A	N/A	N/A	N/A	N/A
Starksboro	N/A	N/A	N/A	N/A	N/A
West Cornwall	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Addison County, Vermont

When examining property taxes in Addison County, 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. Addison County 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 Addison 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 Addison County.

For example, the median tax bill in Addison County is $3,840, with tax bills ranging significantly across the county. Cornwall has the highest median home price at $370,900.

Property Tax Assessment Values Across Addison County, Vermont

Source: Ownwell

$48,850

$211,200

$373,550

Median Addison County Market Value

$233,600

Median Vermont Market Value

$199,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Addison County, Vermont

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Brandon	$67,340	$193,100	$271,350	$433,200	$530,560
Bridport	$87,560	$139,250	$202,300	$309,900	$553,020
Bristol	$89,120	$161,300	$223,800	$279,000	$347,660
Cornwall	$172,990	$263,950	$370,900	$514,025	$695,110
East Middlebury	$122,800	$169,625	$205,350	$246,475	$335,100
Ferrisburg	$129,340	$202,400	$308,100	$545,400	$929,700
Ferrisburgh	$147,020	$212,100	$280,500	$378,700	$478,500
Granville	$37,750	$66,300	$134,650	$204,725	$317,600
Hinesburg	$140,380	$193,450	$260,000	$349,350	$465,520
Leicester	$76,080	$121,400	$197,000	$310,750	$441,260
Lincoln	$125,250	$174,050	$243,450	$321,400	$432,900
Middlebury	$158,540	$210,150	$267,650	$345,925	$433,910
New Haven	$155,300	$195,650	$253,900	$336,050	$452,400
North Ferrisburgh	$122,700	$205,900	$283,800	$360,000	$441,140
Orwell	$102,060	$148,500	$195,200	$263,000	$382,400
Roxbury	$28,470	$38,775	$48,850	$128,125	$169,240
Salisbury	$12,100	$136,300	$210,700	$303,025	$419,520
Shoreham	$103,760	$152,000	$209,900	$291,625	$439,490
Vergennes	$79,800	$173,100	$222,100	$307,600	$469,020
Weybridge	$169,260	$215,300	$281,100	$386,450	$557,020
Whiting	$83,730	$137,550	$197,050	$281,975	$415,460
Addison	N/A	N/A	N/A	N/A	N/A
Goshen	N/A	N/A	N/A	N/A	N/A
Hancock	N/A	N/A	N/A	N/A	N/A
Huntington	N/A	N/A	N/A	N/A	N/A
N Ferrisburgh	N/A	N/A	N/A	N/A	N/A
Panton	N/A	N/A	N/A	N/A	N/A
Ripton	N/A	N/A	N/A	N/A	N/A
Rochester	N/A	N/A	N/A	N/A	N/A
Starksboro	N/A	N/A	N/A	N/A	N/A
West Cornwall	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Addison County, Vermont

In Addison County, VT, property tax bills are calculated based on the assessed value of a home, typically derived from its market value. The tax rate in this region is applied to the assessed value to determine the annual property tax bill. Addison County's median home price is $233,600, which influences the tax bill homeowners can expect. With a median property tax bill of $3,840, Addison County's rate is higher than the national median property tax bill of $2,400. Factors such as local government budgets, school funding, and public services contribute to the tax rate. Homeowners in this area experience a range of tax bills, with the 25th percentile paying $3,840, the 75th percentile $7,370, and the 90th percentile reaching $9,940. The highest median tax bill in the county is found in Cornwall at $7,570, while Roxbury has the lowest at $1,078. These taxes significantly impact homeowners, influencing decisions about purchasing and maintaining property.

Property Tax Bills Across Addison County, Vermont

Source: Ownwell

$1,078

$4,351

$7,624

Median Addison County Tax Bill

$5,451

Median Vermont Tax Bill

$3,843

Median United States Tax Bill

$2,400

Property Tax Bills Across Addison County, Vermont

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Brandon	$2,368	$4,123	$6,029	$8,680	$10,792
Bridport	$1,955	$3,142	$4,558	$7,017	$12,521
Bristol	$2,034	$4,152	$5,637	$7,180	$8,876
Cornwall	$3,531	$5,387	$7,570	$10,491	$14,187
East Middlebury	$4,324	$4,633	$5,116	$5,686	$5,715
Ferrisburg	$2,429	$3,811	$5,802	$10,270	$17,506
Ferrisburgh	$2,765	$3,992	$5,288	$7,132	$8,972
Granville	$832	$1,462	$2,970	$4,516	$7,006
Hinesburg	$5,718	$5,718	$5,718	$5,718	$5,718
Leicester	$1,458	$2,315	$3,742	$5,900	$8,370
Lincoln	$2,796	$3,892	$5,438	$7,176	$9,684
Middlebury	$3,751	$4,976	$6,339	$8,219	$10,095
New Haven	$3,199	$4,037	$5,214	$6,804	$9,252
North Ferrisburgh	$3,302	$4,435	$5,830	$7,246	$8,542
Orwell	$1,160	$2,901	$4,038	$5,898	$6,087
Roxbury	$628	$856	$1,078	$2,826	$3,734
Salisbury	$243	$2,744	$4,235	$6,089	$8,430
Shoreham	$2,355	$3,377	$4,752	$6,532	$9,718
Vergennes	$2,254	$3,903	$5,280	$7,574	$12,030
Weybridge	$3,370	$4,400	$5,090	$10,172	$17,873
Whiting	$1,422	$2,308	$3,375	$4,910	$7,803
Addison	N/A	N/A	N/A	N/A	N/A
Goshen	N/A	N/A	N/A	N/A	N/A
Hancock	N/A	N/A	N/A	N/A	N/A
Huntington	N/A	N/A	N/A	N/A	N/A
N Ferrisburgh	N/A	N/A	N/A	N/A	N/A
Panton	N/A	N/A	N/A	N/A	N/A
Ripton	N/A	N/A	N/A	N/A	N/A
Rochester	N/A	N/A	N/A	N/A	N/A
Starksboro	N/A	N/A	N/A	N/A	N/A
West Cornwall	N/A	N/A	N/A	N/A	N/A

Source: Ownwell