05902 Property Tax Rate

Property owners in ZIP code 05902 (Beecher Falls, Vermont) pay a median of $2,719/year in property taxes on homes valued at $104,200. This translates to an effective tax rate of 2.61%, which is 54% above the Vermont state average of 1.69%.

The monthly property tax burden for a median-valued home in 05902 is approximately $227, which factors into escrow payments on mortgages. This ZIP code is located within Essex County. This is $1,942 less than the Vermont average of $4,661/year.

Compared to similar ZIP codes in Vermont, 05902 has higher property taxes. ZIP codes with similar effective rates include 05043 (2.62%) and 05156 (2.56%).

In Beecher Falls, property taxes represent approximately 5.3% of the median household income of $51,429, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 05902, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Essex County's tax assessor directly.