Orange, Massachusetts Property Taxes
The median property tax rate in Orange, MA is 1.28%, significantly higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Orange at $346,900, the typical annual property tax bill reaches $4,451, exceeding the national median of $2,690. Property taxes in Orange 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 Orange'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 Orange 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
Orange, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.28%
Estimate Property Tax Bill
$4,440
Ownwell’s Orange Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Orange with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Orange to provide an estimated property tax bill. This insightful resource helps you understand potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is determined by Worcester County for tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Orange, Massachusetts
Property taxes in Orange, Massachusetts, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Orange is 1.28%, significantly higher than the U.S. national median of 0.99%. Local government entities within Orange set these rates annually, and they can vary across different neighborhoods. Each year, Orange 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 Orange's effective property tax rate to other areas in Worcester County and the national median. For comparison, the zip code 01364 has the highest median property tax rate of 1.28%, while the same zip code also has the lowest median tax rate of 1.28%. Understanding how these areas compare with Orange 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 Orange Tax Rate
1.28%
Average Worcester County Tax Rate
1.43%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orange, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01364 | 1.28% | 1.28% | 1.28% | 1.28% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across Orange, Massachusetts
In Orange, 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 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 Orange, 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 Orange helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill is $4451 in the 01364 zip code, which is also the area with the lowest median tax bill.
Average Orange Assessed Value
$346,900
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 Orange, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01364 | $346,900 | $346,900 | $346,900 | $346,900 | $346,900 |
Source: Ownwell
Property Tax Bills Across Orange, Massachusetts
In Orange, Worcester County, MA, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the local assessor's office, which evaluates the property's market value and then applies an assessment ratio. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Orange, the median home price is $346,900. The property tax rate in this region results in a median tax bill of $4,451, which is significantly higher than the national median property tax rate of 0.99%. This higher tax bill can be attributed to the local tax rate and the assessed value of properties in the area. Homeowners need to be aware of these factors as they directly impact their annual expenses. A higher property tax bill can affect overall affordability and budgeting for homeowners, making it essential to understand how these taxes are calculated and what influences them.
Average Orange Tax Bill
$4,451
Average Worcester County Tax Bill
$5,153
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Orange, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01364 | $4,451 | $4,451 | $4,451 | $4,451 | $4,451 |
Source: Ownwell