West Dennis, Massachusetts Property Taxes
The median property tax rate in West Dennis, MA is 0.47%, significantly lower than both the national median of 0.99% and the Massachusetts state median of 1.23%. With a median home value of $549,200 in West Dennis, the typical annual property tax bill is $2,565, slightly under the national median of $2,690. Property taxes in West Dennis are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding West Dennis's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of West Dennis or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
West Dennis, 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 West Dennis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in West Dennis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West Dennis 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 West Dennis, Massachusetts
Property taxes in West Dennis, Massachusetts, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Dennis is 0.47%, lower than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within West Dennis set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Dennis 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 West Dennis's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the 02670 zip code has the highest median property tax rate of 0.47%, while the same zip code also has the lowest median tax rate of 0.47%. Understanding how these cities compare with West Dennis provides valuable insights into the varying tax landscape across Barnstable County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average West Dennis Tax Rate
0.47%
Average Barnstable County Tax Rate
0.70%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Dennis, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02670 | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
Source: Ownwell
Property Tax Assessment Values Across West Dennis, Massachusetts
In West Dennis, 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 Barnstable 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 West Dennis, 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. With a median home price of $549,200, property tax bills can vary significantly. For example, the 25th percentile tax bill is $2,076, while the 75th percentile tax bill is $3,882. The highest median tax bill in the area is $2,565 in zip code 02670. 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 West Dennis helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across West Dennis, Massachusetts
Source: Ownwell
$390,350
$1,067,975
$1,745,600
Average West Dennis Assessed Value
$549,200
Average Barnstable County Assessed Value
$556,400
Average Massachusetts Assessed Value
$492,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across West Dennis, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02670 | $331,200 | $444,575 | $549,200 | $831,450 | $1,270,150 |
Source: Ownwell
Property Tax Bills Across West Dennis, Massachusetts
In West Dennis, Barnstable County, MA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor and reflects the market value of the property. Homeowners in West Dennis can expect a median home price of $549,200. The tax rate is applied to this assessed value to determine the annual tax bill. For instance, the 25th percentile tax bill is around $2,076, while the 75th percentile tax bill is approximately $3,882, highlighting the range of tax obligations homeowners might face depending on their property's value. The 90th percentile tax bill can reach up to $5,932, indicating higher-value properties incur more significant tax bills. Comparatively, West Dennis' property tax rate is close to the national median property tax rate of 0.99%, ensuring that tax burdens remain relatively moderate. These taxes fund essential public services, impacting the quality of life and property values within the community, making it crucial for homeowners to understand how their tax bills are calculated and their potential financial obligations.
Average West Dennis Tax Bill
$2,565
Average Barnstable County Tax Bill
$4,094
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across West Dennis, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02670 | $1,550 | $2,076 | $2,565 | $3,882 | $5,932 |
Source: Ownwell