StateRates

Addison County, Vermont property tax

The median homeowner in Addison County, Vermont pays $5,649 a year in property tax on a home worth $333,700, an effective rate of 1.69%. The national effective rate is 0.98%.

Effective rate 1.69% #8 of 14 in Vermont
Median tax bill $5,649 per year
Median home value $333,700 owner-occupied
Median income $88,478 household

What the rate means here

At 1.69%, Addison County taxes property more heavily than the country as a whole, which sits at 0.98%. Unusually, the housing is not cheap either. A rate above the national average on a home worth $333,700 produces a bill of $5,649, and both halves of that are working against the owner.

It ranks #8 of 14 Vermont counties by effective rate, against a statewide 1.71%, and #207 nationally. The state runs from 1.98% in Windsor County down to 1.36% in Grand Isle County.

The median home costs 3.77 times the median household income of $88,478, close to the national 3.86. Incomes here run above the national median, which is what keeps that ratio ordinary despite the house prices. With 37,497 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $4,225 per year at 1.69%
$400,000 home $6,760 per year at 1.69%
$600,000 home $10,140 per year at 1.69%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Addison County, Vermont against Vermont and the country
Addison County Vermont United States
Effective property tax 1.69% 1.71% 0.98%
Median tax bill $5,649 $4,956 $2,969
Median home value $333,700 $290,500 $303,400
Median gross rent $1,201 $1,193 $1,348
Median household income $88,478 $78,024 $78,538
Home price to income 3.77× 3.72× 3.86×
Rent as share of income 16.29% 18.35% 20.6%
Owner-occupied 79.98% 72.8% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 37,497.

Nearby counties of similar size

Other Vermont counties
County Rate Median bill Home value
Bennington County 1.71% $4,396 $257,400
Caledonia County 1.83% $3,951 $215,900
Orange County 1.75% $4,399 $251,000
Windham County 1.87% $4,968 $265,100
Orleans County 1.68% $3,579 $213,300

Addison County property tax: common questions

What is the property tax rate in Addison County, Vermont?

The effective rate is 1.69% of home value, from a median tax bill of $5,649 against a median home value of $333,700. That is 0.71 points above the national 0.98%.

How much is property tax on a $400,000 home in Addison County?

Roughly $6,760 a year at the county effective rate of 1.69%.

Is Addison County expensive compared with the rest of Vermont?

It ranks #8 of 14 Vermont counties by effective property tax rate, and #207 of 2,826 nationally. That is 0.02 points below the Vermont average of 1.71%.

What does housing cost in Addison County?

The median home is worth $333,700 and median gross rent is $1,201 a month. Median household income is $88,478, which puts the home at 3.77 times annual income and rent at 16.29% of it.