Blandford, Massachusetts Property Taxes
The median property tax rate in Blandford, MA is 1.37%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Blandford at $272,800, the typical annual property tax bill reaches $3,733, exceeding the national median of $2,690. Property taxes in Blandford 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 Blandford'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 Blandford 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
Blandford, 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 Blandford Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Blandford with just a few clicks. By entering your property's estimated assessed value, the calculator uses the median tax rate in Blandford to provide an accurate estimate of your property tax bill. This valuable tool offers clarity on potential tax liabilities, helping you make informed financial decisions. For those interested in more granular insights, further localized information is available by scrolling down. Your property’s assessed value is determined by the county for tax purposes, and it includes any applicable exemptions.
Property Tax Rates Across Blandford, Massachusetts
Property taxes in Blandford, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Blandford is 1.37%, significantly higher than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within Blandford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Blandford 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 Blandford's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the zip code 01008 has the highest median property tax rate of 1.37%, while the same zip code also has the lowest median tax rate of 1.37%. Understanding how these figures compare with Blandford provides valuable insights into the varying tax landscape across Hampden County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Blandford Tax Rate
1.37%
Average Hampden County Tax Rate
1.70%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Blandford, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01008 | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Blandford, Massachusetts
In Blandford, 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 Hampden 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 Blandford, 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 Blandford helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill in Blandford is 01008, with a median tax bill of $3,733.
Property Tax Assessment Values Across Blandford, Massachusetts
Source: Ownwell
$59,100
$292,600
$526,100
Average Blandford Assessed Value
$272,800
Average Hampden County Assessed Value
$245,200
Average Massachusetts Assessed Value
$492,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Blandford, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01008 | $157,150 | $213,900 | $272,800 | $355,950 | $460,132 |
Source: Ownwell
Property Tax Bills Across Blandford, Massachusetts
In Blandford, Hampden County, MA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local tax assessor, who evaluates the property’s market value. This value is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Blandford, the median home price is $272,800. Property tax bills vary significantly, with the 25th percentile at $2,933 and the 75th percentile at $4,862. The 90th percentile tax bill reaches up to $6,312. These figures indicate that Blandford's property tax rates can result in substantial annual expenses for homeowners. Compared to the national median property tax rate of 0.99%, Blandford's rates are relatively high, affecting homeowners' annual financial planning. Understanding these factors helps homeowners anticipate their property tax obligations and manage their budgets more effectively.
Average Blandford Tax Bill
$3,733
Average Hampden County Tax Bill
$4,101
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Blandford, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01008 | $2,155 | $2,933 | $3,733 | $4,862 | $6,312 |
Source: Ownwell