Baldwinville, Massachusetts Property Taxes
The median property tax rate in Baldwinville, MA is 1.29%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Baldwinville at $275,400, the typical annual property tax bill reaches $3,560, exceeding the national median of $2,690. Property taxes in Baldwinville 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 Baldwinville'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 Baldwinville 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
Baldwinville, 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 Baldwinville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Baldwinville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Baldwinville 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 Baldwinville, Massachusetts
Property taxes in Baldwinville, Massachusetts, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Baldwinville is 1.29%, higher than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within Baldwinville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Baldwinville 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 Baldwinville's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the 01436 zip code has both the highest and lowest median property tax rate of 1.29%. Understanding how these cities compare with Baldwinville provides valuable insights into the varying tax landscape across Worcester County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Baldwinville Tax Rate
1.29%
Average Worcester County Tax Rate
1.43%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Baldwinville, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01436 | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% |
Source: Ownwell
Property Tax Assessment Values Across Baldwinville, Massachusetts
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Baldwinville, 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 Worcester 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 Baldwinville, 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 Baldwinville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 01436 shows the highest and lowest median tax bill at $3,560, indicating a uniformity in property tax assessments across the area.
Property Tax Assessment Values Across Baldwinville, Massachusetts
Source: Ownwell
$117,500
$415,400
$713,300
Average Baldwinville Assessed Value
$275,400
Average Worcester County Assessed Value
$360,000
Average Massachusetts Assessed Value
$492,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Baldwinville, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01436 | $204,210 | $231,150 | $275,400 | $344,250 | $407,450 |
Source: Ownwell
Property Tax Bills Across Baldwinville, Massachusetts
In Baldwinville, Worcester County, MA, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value is determined by the local assessor's office, which evaluates properties based on various factors such as location, size, and condition. This assessed value is then used to calculate the tax bill. For instance, with a median home price of $275,400, homeowners can expect their property tax bills to vary significantly. At the 25th percentile, the tax bill is around $2,986, while at the 75th percentile, it rises to approximately $4,463. For those at the 90th percentile, the tax bill can reach up to $5,264. The median tax bill in the 01436 zip code stands at $3,560, reflecting the general property tax burden in the area. These property taxes fund essential public services such as schools, infrastructure, and emergency services. Therefore, understanding how these taxes are calculated and their impact on your finances is crucial for homeowners in Baldwinville.
Average Baldwinville Tax Bill
$3,560
Average Worcester County Tax Bill
$5,153
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Baldwinville, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01436 | $2,638 | $2,986 | $3,560 | $4,463 | $5,264 |
Source: Ownwell