Littleton, Massachusetts Property Taxes
The median property tax rate in Littleton, MA is 1.63%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Littleton at $560,700, the typical annual property tax bill reaches $9,105, far exceeding the national median of $2,690. Property taxes in Littleton 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 Littleton'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 Littleton 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
Littleton, 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 Littleton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Littleton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Littleton 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 Littleton, Massachusetts
Property taxes in Littleton, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Littleton is 1.63%, significantly higher than the U.S. national median of 0.99%. Local government entities within Littleton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Littleton 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 Littleton's effective property tax rate to other areas in Middlesex County and the national median. For comparison, the zip code 01460 has both the highest and lowest median property tax rate of 1.63%. Understanding how these areas compare with Littleton 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 Littleton Tax Rate
1.63%
Average Middlesex County Tax Rate
1.22%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Littleton, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01460 | 1.62% | 1.62% | 1.63% | 1.63% | 1.63% |
Source: Ownwell
Property Tax Assessment Values Across Littleton, Massachusetts
In Littleton, 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 Littleton, 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. The median home price in Littleton is $560,700, with tax bills ranging from $7,126 at the 25th percentile to $13,613 at the 90th percentile. The highest median tax bill in Littleton is $9,105, found in the 01460 zip code, which also has the lowest median 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 Littleton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Littleton, Massachusetts
Source: Ownwell
$105,700
$984,600
$1,863,500
Average Littleton Assessed Value
$560,700
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 Littleton, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01460 | $369,400 | $438,900 | $560,700 | $710,200 | $840,900 |
Source: Ownwell
Property Tax Bills Across Littleton, Massachusetts
In Littleton, property tax bills are calculated by multiplying the assessed value of a home by the local property tax rate. The assessed value is determined based on various factors, including the property's market value, location, and condition. Middlesex County, where Littleton is located, has a notable median home price of $560,700. Homeowners in Littleton can expect property tax bills that vary significantly based on their property's assessed value. For instance, the tax bill at the 25th percentile is $7,126, while at the 75th percentile, it rises to $11,526. At the 90th percentile, homeowners might see bills as high as $13,613. The highest and lowest median tax bills in Littleton are both $9,105, indicating some consistency within the area. Compared to the national median property tax rate of 0.99%, Littleton’s property taxes can be relatively high, impacting homeowners' annual financial planning. These taxes fund essential local services like schools, public safety, and infrastructure, contributing to the community's overall quality of life.
Average Littleton Tax Bill
$9,105
Average Middlesex County Tax Bill
$7,427
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Littleton, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01460 | $6,006 | $7,126 | $9,105 | $11,526 | $13,613 |
Source: Ownwell