Mattapoisett, Massachusetts Property Taxes
The median property tax rate in Mattapoisett, MA is 1.13%, which is higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Mattapoisett at $555,350, the typical annual property tax bill reaches $6,248, significantly exceeding the national median of $2,690. Property taxes in Mattapoisett 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 Mattapoisett'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 Mattapoisett 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
Mattapoisett, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$6,275
Ownwell’s Mattapoisett Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mattapoisett with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mattapoisett 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 Mattapoisett, Massachusetts
Property taxes in Mattapoisett, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mattapoisett is 1.13%, which is higher than the U.S. national median of 0.99%. Local government entities within Mattapoisett set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mattapoisett 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 Mattapoisett's effective property tax rate to other areas in Plymouth County and the national median. For comparison, the 02739 zip code has the highest median property tax rate of 1.13%, while the 02739 zip code also has the lowest median tax rate of 1.13%. Understanding how these areas compare with Mattapoisett provides valuable insights into the varying tax landscape across Plymouth County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Mattapoisett Tax Rate
1.13%
Average Plymouth County Tax Rate
1.30%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mattapoisett, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02739 | 1.12% | 1.12% | 1.13% | 1.13% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Mattapoisett, Massachusetts
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Mattapoisett, Massachusetts. 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 Plymouth 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 Mattapoisett, 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 Mattapoisett is $555,350, with annual property tax bills ranging from $4,904 at the 25th percentile to $11,458 at the 90th percentile. The highest and lowest median tax bills are both $6,248, found in zip code 02739. 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Mattapoisett, Massachusetts
Source: Ownwell
$292,450
$663,075
$1,033,700
Average Mattapoisett Assessed Value
$555,350
Average Plymouth County Assessed Value
$476,400
Average Massachusetts Assessed Value
$492,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Mattapoisett, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02739 | $350,730 | $435,875 | $555,350 | $734,300 | $1,018,510 |
Source: Ownwell
Property Tax Bills Across Mattapoisett, Massachusetts
In Mattapoisett, Plymouth County, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This value is then multiplied by the city's tax rate to determine the annual tax bill. For instance, with a median home price of $555,350, homeowners can expect varying tax bills depending on their property's assessed value. The 25th percentile tax bill is around $4,904, while the 75th percentile reaches $8,261, and the 90th percentile climbs to $11,458. Several factors influence these tax bills, including property size, location, and any improvements made to the home. These taxes fund essential public services like schools, roads, and emergency services, directly impacting the community's quality of life. Compared to the national median property tax rate of 0.99%, Mattapoisett's rates reflect the local economic conditions and public service needs, making it crucial for homeowners to understand their tax obligations and how they align with property values.
Average Mattapoisett Tax Bill
$6,248
Average Plymouth County Tax Bill
$6,149
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Mattapoisett, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02739 | $3,946 | $4,904 | $6,248 | $8,261 | $11,458 |
Source: Ownwell