05101 Property Tax Rate

Property owners in ZIP code 05101 (Bellows Falls, Vermont) pay a median of $4,581/year in property taxes on homes valued at $187,700. This translates to an effective tax rate of 2.44%, which is 44% above the Vermont state average of 1.69%.

The monthly property tax burden for a median-valued home in 05101 is approximately $382, which factors into escrow payments on mortgages. This ZIP code is located within Windham County.

Compared to similar ZIP codes in Vermont, 05101 has higher property taxes. ZIP codes with similar effective rates include 05150 (2.39%) and 05744 (2.39%).

In Bellows Falls, property taxes represent approximately 6.4% of the median household income of $71,625, providing context for the relative tax burden on homeowners in this area.

Vermont has no statewide assessment cap; your home will be assessed at current market value upon purchase and annually by your town. Windham County towns provide a Homestead Property Tax Exemption and Homestead Education Tax Credit for primary residences — file applications with your local town assessor by April 15 of the tax year. Determine your specific town assessor in Windham County and submit your homestead exemption claim within 30 days of closing to secure these benefits.