Comparison of Estimated Homestead Property Taxes
Based upon Assessed Value vs. Based Upon Income

History for FY18 with FY19 Estimate FY18 FY19 est.
    Household Income limit - % of income
    Household Income Limit
    Tax Rate per $100 value

Place Your Household Income Here:            

Place Your Assessed Home Value Here:        

QUICK ESTIMATE OF TAXES ON INDIVIDUAL PROPERTIES*


* This is a quick estimate for property taxes that will be due in FY19 if the school budget is adopted, vs FY18. Refer to State of Vermont Statute 32, chapter 154, section 6066, or the Vermont Department of Taxes website to determine which method you would use for this calculation. An additional reduction is available for households with incomes less than $47,000. This sheet is to be used for illustrative school budget purposes, and should not to be used to compute property tax liability, see your tax advisor for your particular circumstance. For a more in-depth estimate provided by the State of Vermont see: http://tax.vermont.gov/content/2017-property-hs-122-calculator
Household Income FY18 Taxes FY19 est. Taxes Change
    Your Household Income

If your income exceeds $141,000, you are not eligible for the income sensitivity tax
treatment, see the computation below based on the assessed value of your property

Assessed Value FY18 Taxes FY19 est. Taxes Change
    Your Assessed Home Value