East Longmeadow, Massachusetts Property Taxes
The median property tax rate in East Longmeadow, MA is 1.85%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in East Longmeadow at $332,700, the typical annual property tax bill reaches $6,168, far exceeding the national median of $2,690. Property taxes in East Longmeadow 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 East Longmeadow'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 East Longmeadow 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
East Longmeadow, 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 East Longmeadow Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in East Longmeadow with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in East Longmeadow 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 East Longmeadow, Massachusetts
Property taxes in East Longmeadow, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in East Longmeadow is 1.85%, significantly higher than the U.S. national median of 0.99%. Local government entities within East Longmeadow set these rates annually, and they can vary significantly across different neighborhoods. Each year, East Longmeadow 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 East Longmeadow's effective property tax rate to other areas in Hampden County and the national median. For comparison, the 01028 zip code has the highest median property tax rate of 1.85%, while the same zip code also has the lowest median tax rate of 1.85%. Understanding how these areas compare with East Longmeadow 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 East Longmeadow Tax Rate
1.85%
Average Hampden County Tax Rate
1.70%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Longmeadow, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01028 | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% |
Source: Ownwell
Property Tax Assessment Values Across East Longmeadow, Massachusetts
In East Longmeadow, 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 East Longmeadow, 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 East Longmeadow helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $6,168, found in zip code 01028.
Property Tax Assessment Values Across East Longmeadow, Massachusetts
Source: Ownwell
$59,100
$292,600
$526,100
Average East Longmeadow Assessed Value
$332,700
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 East Longmeadow, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01028 | $242,200 | $276,000 | $332,700 | $451,400 | $585,120 |
Source: Ownwell
Property Tax Bills Across East Longmeadow, Massachusetts
In East Longmeadow, 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 town's assessor and reflects the market value of the property. Homeowners in East Longmeadow, located in Hampden County, can expect their tax bills to vary widely depending on their property's assessed value. For instance, the median home price in the area is $332,700, and tax bills range significantly. The 25th percentile tax bill is around $5,117, whereas the 75th percentile tax bill jumps to $8,369. At the 90th percentile, homeowners might see tax bills as high as $10,848. This variation means that while some homeowners might pay close to the national median property tax rate of 0.99%, others could find themselves paying considerably more. These property taxes fund essential community services like schools, police, and infrastructure, directly impacting the quality of life in East Longmeadow.
Average East Longmeadow Tax Bill
$6,168
Average Hampden County Tax Bill
$4,101
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across East Longmeadow, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01028 | $4,490 | $5,117 | $6,168 | $8,369 | $10,848 |
Source: Ownwell