South Burlington, Chittenden County, Vermont Property Taxes

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

Median South Burlington, VT effective property tax rate: 0.59%, significantly lower than the national median of 1.02%, but lower than the Vermont state median of 2.11%.
Median South Burlington, VT home value: $376,300
Median annual South Burlington, VT tax bill: $2,152, $248 lower than the national median property tax bill of $2,400.

How are property taxes in Chittenden calculated?

Property taxes in South Burlington, 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 South Burlington’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in South Burlington, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

South Burlington, Chittenden County, Vermont Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.59%

Estimate Property Tax Bill

$2,220

$2,060

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

Property Tax Rates Across South Burlington, Chittenden County, Vermont

Local government entities determine tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare South Burlington’s effective property tax rate to other cities in Vermont and the median property tax rates in Vermont and the U.S.

In South Burlington, located in Chittenden County, residents experience a property tax rate that is notably lower than the national median. This makes the area particularly attractive for homeowners seeking a balance between quality public services and affordable tax rates. The effective tax rate in South Burlington is consistent across the region, providing stability for property owners. Compared to the national landscape, where the median property tax rate stands at 1.02%, South Burlington offers a more budget-friendly option for those looking to invest in real estate. This combination of lower tax rates and reliable services makes South Burlington a compelling choice for potential homeowners.

Property Tax Rates Across South Burlington, Chittenden County, Vermont

Source: Ownwell

0.51%

2.91%

5.31%

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 South Burlington Tax Rate

0.59%

Median Effective Chittenden County Tax Rate

1.83%

Median Effective Vermont Tax Rate

2.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across South Burlington, Chittenden County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
05403	0.22%	0.41%	0.59%	0.64%	1.71%

Source: Ownwell

Property Tax Assessment Values Across South Burlington, Chittenden County, Vermont

When examining property taxes in South Burlington, 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 Chittenden 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.

Assessment notices:

In Chittenden 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 South Burlington.

For example, the median home price in South Burlington is $376,300, with tax bills ranging significantly across the county. 05403 has the highest median home price at $376,300.

Property Tax Assessment Values Across South Burlington, Chittenden County, Vermont

Source: Ownwell

$183,250

$318,425

$453,600

Median South Burlington Market Value

$376,300

Median Chittenden County Market Value

$281,900

Median Vermont Market Value

$199,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across South Burlington, Chittenden County, Vermont

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
05403	$244,560	$296,525	$376,300	$499,775	$627,000

Source: Ownwell

Property Tax Bills Across South Burlington, Chittenden County, Vermont

In South Burlington, located in Chittenden County, VT, property tax bills are calculated based on the assessed value of a home. This assessed value is a percentage of the property's market value, which in South Burlington is influenced by factors such as location, size, and condition of the property. The property tax rate is then applied to this assessed value to determine the annual tax bill. With a median home price of $376,300, homeowners in South Burlington face a median tax bill of $2,152, which is slightly below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,202 and the 90th percentile reaching $5,601. This variation can impact homeowners' budgets. Ownwell can assist homeowners in South Burlington by providing property tax appeal and exemption services to potentially lower their tax obligations. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure homeowners are not overpaying, ultimately saving them money on their property tax bills.

Property Tax Bills Across South Burlington, Chittenden County, Vermont

Source: Ownwell

$4,441

$8,881

Median South Burlington Tax Bill

$2,152

Median Chittenden County Tax Bill

$5,508

Median Vermont Tax Bill

$3,843

Median United States Tax Bill

$2,400

Property Tax Bills Across South Burlington, Chittenden County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
05403	$613	$1,202	$2,152	$3,230	$5,601

Source: Ownwell