Dunstable, Massachusetts Property Taxes
The median property tax rate in Dunstable, MA is 1.50%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Dunstable at $575,100, the typical annual property tax bill reaches $8,609, far exceeding the national median of $2,690. Property taxes in Dunstable 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 Dunstable'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 Dunstable 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
Dunstable, 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 Dunstable Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dunstable with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dunstable 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 Dunstable, Massachusetts
Property taxes in Dunstable, Massachusetts, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Dunstable is 1.50%, significantly higher than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within Dunstable set these rates annually, and they can vary across different neighborhoods. Each year, Dunstable 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 Dunstable's effective property tax rate to other areas in Massachusetts and the national median. For comparison, the zip code 01827 has the highest median property tax rate of 1.50%, while the same zip code also has the lowest median tax rate of 1.50%. Understanding how these rates compare with Dunstable provides valuable insights into the varying tax landscape across Middlesex County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dunstable Tax Rate
1.50%
Average Middlesex County Tax Rate
1.22%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dunstable, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01827 | 1.50% | 1.50% | 1.50% | 1.50% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Dunstable, Massachusetts
In Dunstable, 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 Middlesex 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 Dunstable, 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 Dunstable helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Dunstable both stand at $8,609, found in zip code 01827.
Property Tax Assessment Values Across Dunstable, Massachusetts
Source: Ownwell
$105,700
$984,600
$1,863,500
Average Dunstable Assessed Value
$575,100
Average Middlesex County Assessed Value
$633,600
Average Massachusetts Assessed Value
$492,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dunstable, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01827 | $397,500 | $471,750 | $575,100 | $692,350 | $794,720 |
Source: Ownwell
Property Tax Bills Across Dunstable, Massachusetts
In Dunstable, MA, property tax bills are calculated based on the assessed value of the home and the local tax rate. The assessed value is determined by the local assessor, who evaluates the property's market value. This assessed value is then multiplied by the tax rate set by Middlesex County to determine the annual tax bill. For instance, with a median home price of $575,100, homeowners can expect varying tax bills. At the 25th percentile, the tax bill is around $7,062, while at the 75th percentile, it rises to approximately $10,364. The 90th percentile sees even higher tax bills, reaching up to $11,897. These property taxes play a crucial role in funding local services such as schools, public safety, and infrastructure. Given that the national median property tax rate is 0.99%, Dunstable's rates can be considered relatively high, impacting homeowners significantly. Understanding these factors helps homeowners budget accordingly and highlights the importance of accurate property assessments.
Average Dunstable Tax Bill
$8,609
Average Middlesex County Tax Bill
$7,427
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Dunstable, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01827 | $5,951 | $7,062 | $8,609 | $10,364 | $11,897 |
Source: Ownwell