Delaware vs Vermont
Property Tax Comparison: Delaware vs. Vermont
Overview
Both Delaware 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), Delaware’s effective property‑tax rate is considerably lower than Vermont’s. The difference in rates translates into a noticeable gap in annual tax bills for typical home values.
Side‑by‑Side Metrics
| Metric | Delaware | Vermont |
|---|---|---|
| Effective property‑tax rate | 0.53 % | 1.71 % |
| Median home value | $326,800 | $290,500 |
| Median annual property tax | $1,731 | $4,956 |
| Property tax on a $250,000 home | $1,324 | $4,265 |
| Property tax on a $500,000 home | $2,649 | $8,530 |
| Median household income | $82,855 | $78,024 |
Sources: “According to the U.S. Census Bureau’s 2023 American Community Survey (5‑year estimates).”
Which State Has the Lower Tax Burden?
- Winner (lower effective rate): Delaware
- Tax‑rate difference: 1.18 percentage points, which is a 68.95 % relative difference compared with Delaware’s rate.
- Annual tax difference for a $250,000 home: $2,941 (Delaware $1,324 vs. Vermont $4,265).
- Annual tax difference for a $500,000 home: $5,881 (Delaware $2,649 vs. Vermont $8,530).
Why Delaware wins: The effective property‑tax rate of 0.53 % is roughly one‑third of Vermont’s 1.71 % rate. Consequently, homeowners in Delaware pay less in absolute dollars for comparable property values.
Who Might Benefit Most from This Comparison?
| Audience | Relevance of the Data |
|---|---|
| Current homeowners | Understanding how their property‑tax burden compares to that of a neighboring state can inform budgeting and potential relocation decisions. |
| Prospective homebuyers | Lower tax rates may reduce overall housing costs, especially for buyers of mid‑range homes ($250k–$500k). |
| Retirees | Fixed‑income households often prioritize lower recurring expenses; Delaware’s lower property taxes could make it more affordable. |
| Policy analysts | The clear disparity in rates provides a basis for examining state‑level funding structures and tax policy. |
| Real‑estate investors | Property‑tax differentials affect cash‑flow projections and net‑return calculations. |
The data are factual and do not include subjective assessments of quality of life, services, or other tax categories.
Additional Resources
- Detailed information on Delaware’s property‑tax system: Delaware property tax
- Detailed information on Vermont’s property‑tax system: Vermont property tax
Based on the most recent ACS estimates, Delaware’s effective property‑tax rate is substantially lower than Vermont’s, resulting in lower annual tax bills for comparable home values.
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.