Roxbury, Massachusetts Property Taxes
The median property tax rate in Roxbury, MA is 0.59%, noticeably lower than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Roxbury, the typical annual property tax bill reaches $7,409, which significantly exceeds the national median of $2,690. Property taxes in Roxbury are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence exemption. Understanding Roxbury'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 Roxbury 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
Roxbury, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.59%
Estimate Property Tax Bill
$7,459
Ownwell’s Roxbury Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Roxbury with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Roxbury 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 Roxbury, Massachusetts
Property taxes in Roxbury, Massachusetts, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Roxbury is 0.59%, significantly lower than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within Roxbury set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roxbury 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 Roxbury's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the 02119 zip code has the highest median property tax rate of 0.59%, while the 02119 zip code also has the lowest median tax rate of 0.59%. Understanding how these areas compare with Roxbury 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 Roxbury Tax Rate
0.59%
Average Middlesex County Tax Rate
1.22%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Roxbury, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02119 | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
Source: Ownwell
Property Tax Assessment Values Across Roxbury, Massachusetts
In Roxbury, 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 Roxbury, 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 Roxbury helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Roxbury, the median home price is $1,264,300. The median tax bill ranges from $6,950 at the 25th percentile to $8,517 at the 90th percentile. The zip code 02119 has both the highest and lowest median tax bill, recorded at $7,409.
Property Tax Assessment Values Across Roxbury, Massachusetts
Source: Ownwell
$105,700
$984,600
$1,863,500
Average Roxbury Assessed Value
$1,264,300
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 Roxbury, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02119 | $1,146,160 | $1,186,000 | $1,264,300 | $1,367,100 | $1,453,440 |
Source: Ownwell
Property Tax Bills Across Roxbury, Massachusetts
In Roxbury, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The tax rate in Roxbury is influenced by various factors, including the city’s budgetary needs, public services, and infrastructure requirements. For homeowners in Roxbury, the median home price stands at $1,264,300. Property tax bills can vary significantly, with the 25th percentile tax bill around $6,950 and the 75th percentile reaching approximately $8,011. At the 90th percentile, homeowners might see tax bills as high as $8,517. The highest median tax bill in the area is $7,409, found in the 02119 zip code. These property taxes play a crucial role in funding essential community services such as schools, emergency services, and public maintenance. Understanding how these taxes are calculated helps homeowners better anticipate their annual financial obligations and budget accordingly.
Average Roxbury Tax Bill
$7,409
Average Middlesex County Tax Bill
$7,427
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Roxbury, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02119 | $6,717 | $6,950 | $7,409 | $8,011 | $8,517 |
Source: Ownwell