Stratton, Windham County, Vermont Property Taxes
Median Stratton, VT effective property tax rate: 1.80%, significantly higher than the national median of 1.02%, but lower than the Vermont state median of 2.11%.
Median Stratton, VT home value: $319,100
Median annual Stratton, VT tax bill: $5,625, $3,225 higher than the national median property tax bill of $2,400.
How are property taxes in Windham calculated?
Property taxes in Stratton, 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 Stratton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Stratton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Stratton, Windham County, Vermont Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.8%
Estimate Property Tax Bill
$5,744
$5,330
Property Tax Rates Across Stratton, Windham County, Vermont
Local government entities are responsible for setting tax rates, which can vary significantly within Vermont. Each year, counties estimate their necessary budget to fund public services and divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and regulations play a role in setting these rates and budgets, this is the basic annual process.
In Stratton, located in Windham County, the effective property tax rate stands at 1.80%, which is notably higher than the national median of 1.02%. This rate is consistent across the county, reflecting the uniform tax rate in the area. When compared to other cities in Vermont, Stratton's rate is among the highest, aligning with the state's median tax rate.
Despite the higher rate, understanding the allocation of these taxes can provide insight into the quality of local services and infrastructure. Comparing Stratton's tax rate to the national median highlights the variance in property tax rates and underscores the importance of local governance in financial planning for homeowners.
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 Stratton Tax Rate
1.80%
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 Windham County Tax Rate
2.04%
Median Effective Vermont Tax Rate
2.11%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Stratton, Windham County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05360 | 1.70% | 1.80% | 1.80% | 1.80% | 1.80% |
Source: Ownwell
Property Tax Assessment Values Across Stratton, Windham County, Vermont
When examining property taxes in Stratton, 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 Windham 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 Windham 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 Stratton. For example, the median home price in Stratton is $319,100, with tax bills ranging significantly across the county. Zip code 05360 has the highest median home price at $319,100.
Property Tax Assessment Values Across Stratton, Windham County, Vermont
Source: Ownwell
$126,350
$222,725
$319,100
Median Stratton Market Value
$319,100
Median Windham County Market Value
$195,000
Median Vermont Market Value
$199,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Stratton, Windham County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05360 | $147,320 | $193,400 | $319,100 | $598,000 | $1,091,600 |
Source: Ownwell
Property Tax Bills Across Stratton, Windham County, Vermont
In Stratton, located in Windham County, VT, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and any improvements or renovations can affect the assessed value. Stratton's property tax bills are notably higher than the national median, with the 25th percentile tax bill at $3,454 and the 90th percentile reaching up to $19,616. This can be a significant financial burden for homeowners, especially when compared to the national median property tax bill of $2,400.
Ownwell can assist homeowners in Stratton by providing expert property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure that homeowners are not overpaying. This can lead to substantial savings, making property ownership more affordable. With Ownwell's guidance, homeowners can better navigate the complexities of property taxes and potentially lower their annual tax bills.
Median Stratton Tax Bill
$5,625
Median Windham County Tax Bill
$3,712
Median Vermont Tax Bill
$3,843
Median United States Tax Bill
$2,400
Property Tax Bills Across Stratton, Windham County, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05360 | $2,595 | $3,454 | $5,625 | $10,517 | $19,616 |
Source: Ownwell