The way Vermont Property Taxes are calculated is confusing and complicated.

In a nutshell, property bills have a property tax amount that includes both the Town’s tax and the State Education tax. There is then a calculation to determine if the property owner qualifies for a ‘state payment’ to offset their total tax based on their household income.

This is important as many home buyers receive a real estate listing sheet that simply shows the properties total tax. If the potential buyers income is below a certain threshold set by the state, their actual tax could be much less.

Here is a link to the form that allows you to find out what your ‘real’ tax bill would be after the possible state payment.  This takes a couple of minutes to download, but you can save it to your computer for future reference.

Vermont Property Tax Spreadsheet