Lamoille County, Vermont Property Taxes

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

Median Lamoille County effective property tax rate: 2.18%, significantly higher than the national median of 1.02%.
Median Lamoille County home value: $219,600
Median annual Lamoille County tax bill: $3,189, $789 higher than the national median property tax bill of $2,400.

How are property taxes in Lamoille County calculated?

Property taxes in Lamoille 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 Morristown or another part of Lamoille County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lamoille County, Vermont Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.18%

Estimate Property Tax Bill

$4,787

$4,442

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

Property Tax Rates Across Lamoille County, Vermont

Local government entities determine tax rates, which can differ significantly within a state. This variation arises because each year, counties calculate their necessary budget for providing services and divide it by the total value of all taxable property within their jurisdiction. This process establishes the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the essence of the annual procedure.

Below, you can compare Lamoille County's effective property tax rate to other counties in Vermont or the U.S. median property tax rate. Lamoille County's median property tax rate stands at 2.18%, significantly higher than the national median of 1.02%. Within Vermont, Johnson has the highest median tax rate at 2.37%, while Stowe boasts the lowest at 0.58%. Understanding these differences can help property owners make informed decisions about their investments and potential tax liabilities. By analyzing these variations, property owners can strategically plan their finances and potentially save on property taxes.

Property Tax Rates Across Lamoille County, Vermont

Source: Ownwell

0.58%

1.48%

2.37%

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 Lamoille County Tax Rate

2.18%

Median Effective Vermont Tax Rate

2.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lamoille County, Vermont

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Belvidere Center	1.07%	1.49%	2.31%	2.31%	2.31%
Cambridge	2.20%	2.20%	2.20%	2.20%	2.20%
Eden	2.22%	2.22%	2.22%	2.22%	2.22%
Eden Mills	2.22%	2.22%	2.22%	2.22%	2.22%
Elmore	2.15%	2.15%	2.15%	2.15%	2.15%
Jeffersonville	2.20%	2.20%	2.20%	2.20%	2.20%
Johnson	2.37%	2.37%	2.37%	2.37%	2.37%
Lake Elmore	2.15%	2.15%	2.15%	2.15%	2.15%
Morristown	1.30%	1.35%	2.26%	2.66%	2.66%
Morrisville	0.51%	0.99%	1.33%	2.66%	2.66%
Stowe	0.20%	0.55%	0.58%	0.65%	2.28%
Waterville	2.20%	2.31%	2.31%	2.31%	2.31%
Wolcott	2.15%	2.37%	2.37%	2.37%	2.37%
Belvidere	N/A	N/A	N/A	N/A	N/A
Craftsbury	N/A	N/A	N/A	N/A	N/A
Hardwick	N/A	N/A	N/A	N/A	N/A
Hyde Park	N/A	N/A	N/A	N/A	N/A
Underhill	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Lamoille County, Vermont

When examining property taxes in Lamoille 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. The Lamoille 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 Lamoille 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 Lamoille County.

For example, the median tax bill in Lamoille County is $2,532, with tax bills ranging significantly across the county. Morristown has the highest median home price at $444,400.

Property Tax Assessment Values Across Lamoille County, Vermont

Source: Ownwell

$125,650

$285,025

$444,400

Median Lamoille County Market Value

$219,600

Median Vermont Market Value

$199,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lamoille County, Vermont

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Belvidere Center	$60,300	$116,700	$179,000	$257,450	$348,800
Cambridge	$88,950	$149,225	$196,800	$256,100	$332,990
Eden	$53,545	$85,555	$128,750	$172,740	$232,720
Eden Mills	$58,800	$96,545	$163,650	$225,905	$304,910
Elmore	$164,800	$242,900	$356,200	$510,200	$697,200
Jeffersonville	$124,800	$165,250	$208,400	$268,500	$351,200
Johnson	$18,440	$82,500	$154,300	$218,750	$292,400
Lake Elmore	$117,830	$227,525	$295,200	$387,925	$412,190
Morristown	$231,740	$334,250	$444,400	$559,000	$884,560
Morrisville	$117,990	$153,425	$208,100	$299,825	$429,470
Stowe	$171,730	$252,950	$381,000	$581,300	$952,350
Waterville	$63,040	$115,325	$160,650	$221,250	$280,220
Wolcott	$79,480	$124,750	$180,500	$246,650	$321,260
Belvidere	N/A	N/A	N/A	N/A	N/A
Craftsbury	N/A	N/A	N/A	N/A	N/A
Hardwick	N/A	N/A	N/A	N/A	N/A
Hyde Park	N/A	N/A	N/A	N/A	N/A
Underhill	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Lamoille County, Vermont

In Lamoille County, Vermont, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in this area is $219,600, which serves as a basis for calculating property taxes. The property tax rate is applied to the assessed value, which can vary depending on local government policies. Homeowners in Lamoille County can expect a range of tax bills. For instance, those in the 25th percentile pay around $1,538, while those in the 75th percentile see bills closer to $5,158. The 90th percentile tax bill reaches $7,981, indicating a significant range based on property value and location within the county. Compared to the national median property tax bill of $2,400, Lamoille County's tax bills can be higher, especially in areas like Morristown, where the highest median tax bill is $8,402. Conversely, Stowe has the lowest median tax bill at $2,532, closer to the national median. These variations impact homeowners differently, affecting affordability and financial planning.

Property Tax Bills Across Lamoille County, Vermont

Source: Ownwell

$2,532

$5,467

$8,402

Median Lamoille County Tax Bill

$3,189

Median Vermont Tax Bill

$3,843

Median United States Tax Bill

$2,400

Property Tax Bills Across Lamoille County, Vermont

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Belvidere Center	$2,621	$3,051	$3,534	$4,130	$4,204
Cambridge	$1,948	$3,257	$4,312	$5,570	$7,114
Eden	$1,192	$1,896	$2,847	$3,802	$4,986
Eden Mills	$1,306	$2,111	$3,614	$4,996	$6,660
Elmore	$3,500	$5,214	$7,662	$10,974	$14,997
Jeffersonville	$2,690	$3,588	$4,527	$5,870	$7,722
Johnson	$438	$1,954	$3,640	$5,160	$6,944
Lake Elmore	$2,534	$4,894	$6,350	$8,344	$8,866
Morristown	$2,913	$4,767	$8,402	$12,812	$21,663
Morrisville	$641	$1,708	$3,050	$5,134	$7,836
Stowe	$419	$1,297	$2,532	$5,009	$10,690
Waterville	$1,450	$2,648	$3,740	$4,962	$6,358
Wolcott	$1,850	$2,906	$4,166	$5,698	$7,458
Belvidere	N/A	N/A	N/A	N/A	N/A
Craftsbury	N/A	N/A	N/A	N/A	N/A
Hardwick	N/A	N/A	N/A	N/A	N/A
Hyde Park	N/A	N/A	N/A	N/A	N/A
Underhill	N/A	N/A	N/A	N/A	N/A

Source: Ownwell