Brownsville, Vermont Property Taxes
The median property tax rate in Brownsville, VT is 2.17%, considerably higher than both the national median of 0.99% and the Vermont state median of 2.11%. With the median home value in Brownsville at $215,300, the typical annual property tax bill reaches $4,655, exceeding the national median of $2,690. Property taxes in Brownsville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Brownsville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Brownsville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brownsville, Vermont Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
2.11%
Estimate Property Tax Bill
$4,220
Ownwell’s Brownsville Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Brownsville. By simply inputting your property's estimated assessed value, the calculator uses the median tax rate in Brownsville to provide an accurate estimate of your property tax bill. This valuable resource helps you understand your potential tax liabilities, making financial planning more straightforward. For those interested in more detailed information, including neighborhood-level trends, additional localized data is available below. Your property’s assessed value, determined by Windsor County, is used in these calculations and takes into account any applicable exemptions.
Property Tax Rates Across Brownsville, Vermont
Property taxes in Brownsville, Vermont, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brownsville is 2.17%, significantly higher than both the Vermont state median and the U.S. national median of 0.99%. Local government entities within Brownsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brownsville estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Brownsville's effective property tax rate to other areas in Vermont and the national median. For comparison, the zip code 05037 has both the highest and lowest median property tax rate of 2.17%. Understanding how these areas compare with Brownsville provides valuable insights into the varying tax landscape across Windsor County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brownsville Tax Rate
2.17%
Average Windsor County Tax Rate
2.21%
Average Vermont Tax Rate
2.11%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brownsville, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05037 | 2.17% | 2.17% | 2.17% | 2.17% | 2.17% |
Source: Ownwell
Property Tax Assessment Values Across Brownsville, Vermont
In Brownsville, Vermont, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Windsor County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Brownsville, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. For example, the median home price in Brownsville is $215,300, with tax bills ranging from $3,273 at the 25th percentile to $11,159 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Brownsville Assessed Value
$215,300
Average Windsor County Assessed Value
$205,000
Average Vermont Assessed Value
$199,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brownsville, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05037 | $113,440 | $152,600 | $215,300 | $330,250 | $525,940 |
Source: Ownwell
Property Tax Bills Across Brownsville, Vermont
In Brownsville, property tax bills are calculated based on the assessed value of a property, which is determined by the local assessor's office. The assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Windsor County, the median home price stands at $215,300. Factors such as property size, location, and market conditions play a significant role in determining the assessed value. Tax bills can vary widely; for example, the 25th percentile tax bill is $3,273, while the 75th percentile tax bill reaches $7,189. At the higher end, the 90th percentile tax bill can be as much as $11,159. These taxes are crucial for funding local services such as schools, public safety, and infrastructure. Homeowners in Brownsville should be aware of how these factors influence their property tax bills, as it can significantly impact their annual expenses. The highest and lowest median tax bills in Windsor County are both $4,655, reflecting a consistent tax environment across different areas.
Average Brownsville Tax Bill
$4,655
Average Windsor County Tax Bill
$4,455
Average Vermont Tax Bill
$3,843
Average United States Tax Bill
$2,690
Property Tax Bills Across Brownsville, Vermont
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 05037 | $2,422 | $3,273 | $4,655 | $7,189 | $11,159 |
Source: Ownwell