Brighton, Massachusetts Property Taxes
The median property tax rate in Brighton, MA is 1.07%, slightly higher than the national median of 0.99% but lower than the Massachusetts state median of 1.23%. With the median home value in Brighton at $502,100, the typical annual property tax bill reaches $5,393, significantly exceeding the national median of $2,690. Property taxes in Brighton 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 Brighton'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 Brighton 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
Brighton, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$5,372
Ownwell’s Brighton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brighton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brighton 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 Brighton, Massachusetts
Property taxes in Brighton, Massachusetts, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Brighton is 1.07%, higher than the U.S. national median of 0.99%. Local government entities within Brighton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brighton 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 Brighton's effective property tax rate to other areas and the national median. For comparison, the 02135 zip code has the highest median property tax rate of 1.07%, while the lowest median tax rate in the same zip code is also 1.07%. Understanding how these figures compare with Brighton provides valuable insights into the varying tax landscape across Suffolk County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brighton Tax Rate
1.07%
Average Suffolk County Tax Rate
1.07%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brighton, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02135 | 1.07% | 1.07% | 1.07% | 1.07% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Brighton, Massachusetts
In Brighton, 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 Suffolk 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 Brighton, 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 Brighton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Brighton is $502,100, with tax bills ranging from $4,080 at the 25th percentile to $12,274 at the 90th percentile. The highest and lowest median tax bills are both $5,393 in the 02135 zip code.
Property Tax Assessment Values Across Brighton, Massachusetts
Source: Ownwell
$84,600
$1,690,350
$3,296,100
Average Brighton Assessed Value
$502,100
Average Suffolk County Assessed Value
$641,300
Average Massachusetts Assessed Value
$492,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brighton, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02135 | $332,000 | $379,900 | $502,100 | $889,800 | $1,142,820 |
Source: Ownwell
Property Tax Bills Across Brighton, Massachusetts
Property tax bills in Brighton, located in Suffolk County, MA, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the local assessor and reflects the market value of the home. Once the property’s assessed value is established, the local tax rate is applied to this value to calculate the annual tax bill. In Brighton, the median home price is $502,100, and the tax bills can vary significantly. For instance, the 25th percentile tax bill is around $4,080, while the 75th percentile tax bill reaches approximately $9,556. At the 90th percentile, homeowners might face tax bills as high as $12,274. The highest and lowest median tax bills in Brighton are both $5,393, which is above the national median property tax rate of 0.99%. These property tax bills can have a substantial impact on homeowners, influencing their overall housing costs and affecting their financial planning. Understanding how these taxes are calculated helps homeowners anticipate their expenses more accurately.
Average Brighton Tax Bill
$5,393
Average Suffolk County Tax Bill
$6,836
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Brighton, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02135 | $3,566 | $4,080 | $5,393 | $9,556 | $12,274 |
Source: Ownwell