Sudbury, Massachusetts Property Taxes
The median property tax rate in Sudbury, MA is 1.58%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Sudbury at $857,700, the typical annual property tax bill reaches $13,532, exceeding the national median of $2,690. Property taxes in Sudbury 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 Sudbury'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 Sudbury 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
Sudbury, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.58%
Estimate Property Tax Bill
$13,552
Ownwell’s Sudbury Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sudbury with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sudbury 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 Sudbury, Massachusetts
Property taxes in Sudbury, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sudbury is 1.58%, significantly higher than the U.S. national median of 0.99%. Local government entities within Sudbury set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sudbury 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. For comparison, the zip code 01776 has the highest median property tax rate of 1.58%, while the same zip code also has the lowest median tax rate of 1.58%. Understanding how Sudbury compares with other areas 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 Sudbury Tax Rate
1.58%
Average Middlesex County Tax Rate
1.22%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sudbury, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01776 | 1.58% | 1.58% | 1.58% | 1.58% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across Sudbury, Massachusetts
In Sudbury, 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 Sudbury, 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. Sudbury's median home price is $857,700, with tax bills ranging from $10,819 at the 25th percentile to $22,395 at the 90th percentile. The highest and lowest median tax bills in Sudbury are both $13,532, found in the 01776 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Sudbury, Massachusetts
Source: Ownwell
$105,700
$984,600
$1,863,500
Average Sudbury Assessed Value
$857,700
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 Sudbury, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01776 | $586,420 | $686,150 | $857,700 | $1,105,350 | $1,421,640 |
Source: Ownwell
Property Tax Bills Across Sudbury, Massachusetts
In Sudbury, located in Middlesex County, MA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in this area is $857,700, significantly higher than the national median. Homeowners in Sudbury experience some of the highest property tax bills in the country, with the median tax bill reaching $13,532. This figure is consistent across the zip code 01776. The tax bill is determined by multiplying the assessed value of the property by the local tax rate. Factors such as property size, location, and market conditions can influence the assessed value. For instance, tax bills in the 25th percentile are around $10,819, while those in the 75th percentile rise to $17,432. At the 90th percentile, homeowners might pay as much as $22,395. These high property taxes can significantly impact homeowners, making it crucial to understand how assessments are made and to explore potential exemptions or appeals to manage costs effectively.
Average Sudbury Tax Bill
$13,532
Average Middlesex County Tax Bill
$7,427
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Sudbury, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01776 | $9,247 | $10,819 | $13,532 | $17,432 | $22,395 |
Source: Ownwell