Vermont ranks seventh in the U.S. for the most property taxes paid in 2022

Adobe Stock
Adobe Stock
0Comments

In 2022, Vermont collected $1,235,599,000 in property taxes, ranking it seventh in the United States, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.

The Census Bureau cautions it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Below is a breakdown of how taxes were classified by the bureau and how much was collected.

U.S. property taxes by State in 2022
Rank State Amount
1 Washington $4,399,803,000
2 California $2,986,154,000
3 Michigan $2,535,211,000
4 Nevada $1,399,442,000
5 Arkansas $1,318,147,000
6 Arizona $1,254,846,000
7 Vermont $1,235,599,000
8 Maryland $930,810,000
9 Kansas $841,790,000
10 Georgia $799,564,000
11 Minnesota $773,877,000
12 Kentucky $725,415,000
13 Alabama $495,753,000
14 New Hampshire $406,541,000
15 Montana $359,844,000
16 Wyoming $268,292,000
17 Alaska $125,219,000
18 New Mexico $116,584,000
19 Louisiana $94,860,000
20 Wisconsin $88,838,000
21 South Carolina $86,957,000
22 Illinois $68,795,000
23 Virginia $54,712,000
24 Maine $45,023,000
25 Pennsylvania $39,729,000
26 Missouri $39,591,000
27 Mississippi $29,025,000
28 Oregon $22,884,000
29 Indiana $15,898,000
30 Massachusetts $12,996,000
31 West Virginia $7,908,000
32 North Dakota $5,322,000
33 New Jersey $5,068,000
34 Rhode Island $4,135,000
35 Iowa $2,110,000
36 Nebraska $122,000

Source: U.S. Census Bureau



Related

Kimberly M. Jackson VA Chief of Staff - https://department.va.gov

Vermont ranks 52nd in total VA home loans during Q4 2024

Vermont ranked 52nd in the nation in VA home loans in the fourth quarter of 2024, with 102 loans issued, according to the Veterans’ Affairs Home Loans Index.

Tanya Bradshe Deputy Secretary of Veterans Affairs - https://department.va.gov

Vermont ranked 25th in average VA home loan amount in Q4 2024

With $366,062 in home loans issued, Vermont ranked 25th in average loan amount for VA home loans in the fourth quarter of fiscal year 2024, according to the Veterans’ Affairs Home Loans Index.

Kimberly M. Jackson VA Chief of Staff - https://department.va.gov

Number of VA loans issued in Vermont decreased by 10.5% from Q4 2023 to Q4 2024

The U.S. Department of Veterans Affairs (VA) issued 102 home loans in Vermont, totaling $37.3 million, during the fourth quarter of the fiscal year 2024, according to figures provided by the Veterans Affairs Home Loans Index.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Green Mountain Times.