Middleton, Massachusetts Property Taxes
The median property tax rate in Middleton, MA is 1.29%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Middleton at $638,100, the typical annual property tax bill reaches $8,212, far exceeding the national median of $2,690. Property taxes in Middleton are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Middleton's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Middleton or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Middleton, Massachusetts Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$2,460
Ownwell’s Middleton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Middleton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Middleton to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Middleton, Massachusetts
Property taxes in Middleton, Massachusetts, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Middleton is 1.29%, higher than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within Middleton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Middleton estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Middleton's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the 01949 zip code has the highest median property tax rate of 1.29%, while the 01949 zip code also has the lowest median tax rate of 1.29%. Understanding how these cities compare with Middleton provides valuable insights into the varying tax landscape across Essex County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Middleton Tax Rate
1.29%
Average Essex County Tax Rate
1.12%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Middleton, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01949 | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% |
Source: Ownwell
Property Tax Assessment Values Across Middleton, Massachusetts
In Middleton, Massachusetts, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Essex County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Middleton, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Middleton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Middleton are both $8,212, found in the 01949 zip code.
Property Tax Assessment Values Across Middleton, Massachusetts
Source: Ownwell
$258,000
$802,500
$1,347,000
Average Middleton Assessed Value
$638,100
Average Essex County Assessed Value
$545,500
Average Massachusetts Assessed Value
$492,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Middleton, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01949 | $411,660 | $516,950 | $638,100 | $857,580 | $1,172,750 |
Source: Ownwell
Property Tax Bills Across Middleton, Massachusetts
In Middleton, Essex County, MA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value reflects the market value of the property, and the tax rate is applied to this value to determine the tax bill. The median home price in Middleton is $638,100, and homeowners can expect varying tax bills depending on their property's assessed value and location within the city. Factors such as property size, location, and improvements can influence the assessed value. For instance, the tax bill for homes in the 25th percentile is around $6,654, while those in the 75th percentile see bills near $11,037. Homes in the 90th percentile face tax bills as high as $15,093. The highest and lowest median tax bills in Middleton are both $8,212, indicating a consistent tax rate across the city. These property taxes fund essential public services, impacting the overall quality of life for homeowners.
Average Middleton Tax Bill
$8,212
Average Essex County Tax Bill
$6,145
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Middleton, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01949 | $5,298 | $6,654 | $8,212 | $11,037 | $15,093 |
Source: Ownwell