Land Market Insights and Pricing in Vermont

Vermont's Green Mountains carve a north-south path through the state, dividing Lake Champlain's valley from the Connecticut River Valley. With 78% of its land cloaked in forests, Vermont offers a haven for nature enthusiasts and outdoor adventurers. As the nation's leading maple syrup producer, generating 50% of the U.S. supply, the state's agricultural heritage is deeply rooted. Vermont's unique laws support public access to unposted land for walking, fishing, and hunting, fostering a strong connection between residents and the natural landscape. For those seeking lakefront property, Rutland County presents an attractive option with its median household price of $218,400, well below the national average. The county's Otter Creek and proximity to the Green Mountain National Forest provide ample opportunities for water-based recreation and exploration. Vermont's income tax rates, ranging from 3.35% to 8.75%, are less favorable compared to neighboring states like New Hampshire, which has no income tax on wages. Property taxes in Vermont are also relatively high, with an effective rate of 1.71%, ranking 5th highest nationally. Despite these tax considerations, Vermont's commitment to environmental preservation, coupled with its thriving dairy industry valued at $592,481,000 in milk production, positions the state for steady economic growth in sustainable agriculture and eco-tourism sectors.