Massachusetts Property Tax Calculator
Calculate Massachusetts property taxes. Effective rate: 1.23%. Estimate annual and monthly property tax on your home.
How This Calculator Works
Calculation methodology and assumptions
Property tax is calculated by multiplying the assessed value of your property by the local tax rate. In Massachusetts, the effective property tax rate averages 1.23%. This calculator uses the effective rate, which accounts for the difference between assessed and market value. Massachusetts offers a homestead exemption of up to $500,000 for owner-occupied primary residences.
Frequently Asked Questions
What is the property tax rate in Massachusetts?
Massachusetts's effective property tax rate is 1.23%. On a $580,000 home, that's approximately $7,134 per year or $595/month.
Does Massachusetts have a homestead exemption?
Yes, Massachusetts offers a homestead exemption of up to $500,000 on your primary residence, reducing your taxable assessed value.
When are property taxes due in Massachusetts?
Property tax due dates vary by county in Massachusetts. Most counties bill semi-annually or annually. Check with your county assessor's office for specific dates. Many mortgage lenders collect property taxes monthly as part of escrow.
How does Massachusetts's property tax compare to other states?
Massachusetts's rate of 1.23% is above the national average of 1.10%.
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