Vermont Property Tax Calculator

Estimate your annual property taxes in Vermont. Calculate assessed value and apply Vermont average millage rates.

Why calculating finance in Vermont is different

Vermont has a progressive income tax system.

State Income Tax
3.35% - 8.75%
Base Sales Tax
6%
State Min Wage
$13.18 / hr
Abbreviation
VT

Vermont Finance Interactive Tool

This calculator uses the latest 2026 data for Vermont, including the minimum wage of $13.18 and the specific state income tax rates (3.35% - 8.75%).

Frequently Asked Questions about Vermont Finance

How are property taxes assessed in Vermont?

Property taxes in Vermont are generally assessed at the local county or municipal level based on the fair market value of the property, multiplied by the local millage or tax rate.

Are there property tax exemptions in Vermont?

Yes, Vermont often provides homestead exemptions for primary residences, as well as specific exemptions for seniors, veterans, and individuals with disabilities, which can significantly lower your tax bill.