Arizona vs Vermont
Arizona vs. Vermont – Property‑Tax Comparison
Intro
Both Arizona and Vermont levy property taxes that fund local services such as schools, roads, and public safety. According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), Arizona’s effective property‑tax rate is markedly lower than Vermont’s. The difference in rates translates into substantially lower annual taxes for comparable home values.
Side‑by‑Side Metrics
| Metric (2023 ACS) | Arizona | Vermont |
|---|---|---|
| Effective property‑tax rate | 0.52 % | 1.71 % |
| Median home value | $358,900 | $290,500 |
| Median annual property tax | $1,858 | $4,956 |
| Property tax on a $250,000 home | $1,294 | $4,265 |
| Property tax on a $500,000 home | $2,589 | $8,530 |
| Median household income | $76,872 | $78,024 |
Sources: “According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates).”
Who Wins the Tax‑Rate Comparison?
Winner (lower tax rate): Arizona
- Rate advantage: Arizona’s effective property‑tax rate of 0.52 % is 1.19 percentage points lower than Vermont’s 1.71 %. This represents a 69.65 % lower rate.
- Dollar‑value impact: For a home valued at $250,000, the annual tax in Arizona is $1,294 versus $4,265 in Vermont—a difference of $2,971. For a $500,000 home, the gap widens to $5,941 ($2,589 vs. $8,530).
The lower rate in Arizona is the primary reason it “wins” this comparison. For readers seeking detailed state‑specific information, see the dedicated pages on Arizona property tax and Vermont property tax.
Which Homebuyers or Residents Might Find This Comparison Most Relevant?
| Audience | Relevance of Arizona’s Lower Rate | Relevance of Vermont’s Higher Rate |
|---|---|---|
| First‑time homebuyers | Lower upfront annual tax bills can improve affordability, especially when combined with Arizona’s higher median home value. | Higher tax bills may affect budgeting; however, Vermont’s lower median home price could offset some of the tax burden. |
| Retirees on fixed incomes | Reduced property‑tax expenses can be advantageous for cash‑flow management. | Higher taxes may require a larger portion of retirement income, though Vermont’s lower home prices and strong community services may still appeal. |
| Real‑estate investors | Lower ongoing tax costs improve net operating income on rental properties. | Higher tax costs reduce cash flow, but investors might benefit from Vermont’s higher property‑tax revenues that support local infrastructure. |
| Homeowners seeking tax predictability | Arizona’s rate is relatively low and stable, contributing to predictable annual expenses. | Vermont’s higher rate is transparent but results in larger annual payments. |
The comparison is factual and does not endorse one state over the other; it simply presents the tax implications based on the most recent ACS estimates.
Key Takeaway
Based on the most recent ACS estimates, Arizona’s effective property‑tax rate is substantially lower than Vermont’s, leading to lower annual tax obligations for comparable home values. Stakeholders such as first‑time buyers, retirees, and investors can use this data to assess the cost of homeownership in each state without the influence of promotional language.
Explore More Comparisons
Discover how property taxes compare across all states in our comprehensive comparison guide.
Data Source
All figures are drawn from the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates). This comprehensive dataset provides reliable, standardized property tax information across all states.