Stamford, Bennington County, Vermont Property Taxes
Median Stamford, VT effective property tax rate: 2.39%, significantly higher than the national median of 1.02%, but lower than the Vermont state median of 2.11%.
Median Stamford, VT home value: $176,100
Median annual Stamford, VT tax bill: $3,618, $1,218 higher than the national median property tax bill of $2,400.
How are property taxes in Bennington calculated?
Property taxes in Stamford, 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 Stamford’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stamford, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Stamford, Bennington County, Vermont Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.39%
Estimate Property Tax Bill
$4,209
$3,906
Property Tax Rates Across Stamford, Bennington County, Vermont
Local government entities are responsible for setting tax rates, and these can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and then divide this amount by the total value of all taxable property within their jurisdiction. This process determines the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is the basic annual procedure.
In Stamford, located in Bennington County, Vermont, the effective property tax rate stands at 2.39%. This is higher than the national median property tax rate of 1.02%. When compared to other cities within Vermont, Stamford's rate is notably significant. The median property tax bill in Stamford also exceeds the national median of $2,400, reflecting the higher local rate. Understanding these rates is crucial for homeowners looking to manage their property tax obligations effectively. By staying informed, residents can make better financial decisions and potentially explore options for appealing or reducing their property tax liabilities.
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 Stamford Tax Rate
2.39%
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 Bennington County Tax Rate
2.14%
Median Effective Vermont Tax Rate
2.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Stamford, Bennington County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05352 | 2.39% | 2.39% | 2.39% | 2.39% | 2.39% |
Source: Ownwell
Property Tax Assessment Values Across Stamford, Bennington County, Vermont
When examining property taxes in Stamford, 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 Bennington 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 Bennington 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 Stamford.
For example, the median home price in Stamford is $176,100, with tax bills consistently at $3,618 across the county. Zip code 05352 boasts both the highest and lowest median home prices and tax bills.
Property Tax Assessment Values Across Stamford, Bennington County, Vermont
Source: Ownwell
$117,100
$265,583
$414,065
Median Stamford Market Value
$176,100
Median Bennington County Market Value
$189,500
Median Vermont Market Value
$199,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Stamford, Bennington County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05352 | $93,440 | $131,400 | $176,100 | $243,600 | $313,400 |
Source: Ownwell
Property Tax Bills Across Stamford, Bennington County, Vermont
In Stamford, VT, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Stamford is $176,100, and homeowners face a median property tax bill of $3,618, significantly higher than the national median of $2,400. This can pose a financial challenge for homeowners, especially when compared to the national median property tax rate of 1.02%.
Factors influencing the tax bill include the property's location, size, and any improvements made. Higher property taxes can impact homeowners' budgets and potentially affect property values. Ownwell assists homeowners by identifying opportunities for appealing assessed values and securing exemptions, which can lead to significant savings. By leveraging their expertise, homeowners can potentially reduce their tax burden and ensure they are not overpaying. This proactive approach can provide financial relief and peace of mind in managing property-related expenses.
Median Stamford Tax Bill
$3,618
Median Bennington County Tax Bill
$4,152
Median Vermont Tax Bill
$3,843
Median United States Tax Bill
$2,400
Property Tax Bills Across Stamford, Bennington County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05352 | $3,618 | $3,618 | $3,618 | $3,618 | $3,618 |
Source: Ownwell