Mattapan, Massachusetts Property Taxes
The median property tax rate in Mattapan, MA is 1.07%, notably higher than the national median of 0.99% but below the Massachusetts state median of 1.23%. With the median home value in Mattapan at $540,300, the typical annual property tax bill reaches $5,803, significantly surpassing the national median of $2,690. Property taxes in Mattapan are determined 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 Mattapan'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 Mattapan or another part of the city, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Mattapan, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$5,781
Ownwell’s Mattapan Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mattapan with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mattapan 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 Mattapan, Massachusetts
Property taxes in Mattapan, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mattapan stands at 1.07%, which is higher than the U.S. national median of 0.99%. Local government entities within Mattapan set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mattapan 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 Mattapan's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the 02126 zip code has the highest median property tax rate of 1.07%, while the 02126 zip code also has the lowest median tax rate of 1.07%. Understanding how these cities compare with Mattapan 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 Mattapan 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 Mattapan, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02126 | 1.07% | 1.07% | 1.07% | 1.07% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Mattapan, Massachusetts
In Mattapan, 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 Mattapan, 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 Mattapan helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Mattapan is $540,300, with tax bills ranging from $4,579 at the 25th percentile to $8,353 at the 90th percentile. The zip code 02126 has the highest and lowest median tax bill at $5,803.
Property Tax Assessment Values Across Mattapan, Massachusetts
Source: Ownwell
$84,600
$1,690,350
$3,296,100
Average Mattapan Assessed Value
$540,300
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 Mattapan, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02126 | $368,210 | $426,350 | $540,300 | $650,450 | $777,730 |
Source: Ownwell
Property Tax Bills Across Mattapan, Massachusetts
In Mattapan, Suffolk County, MA, property tax bills are determined based on the assessed value of a home and the local tax rate. The median home price in Mattapan is $540,300, and homeowners can expect their property tax bill to vary significantly. For instance, the tax bill for the 25th percentile is around $4,579, while the 75th percentile faces a bill of approximately $6,986. At the 90th percentile, the tax bill can reach up to $8,353. The assessed value of a property is a crucial factor in calculating the tax bill, reflecting the market value of the home. Suffolk County's property tax rate is applied to this assessed value to determine the final bill. This impacts homeowners by influencing their annual financial responsibilities, potentially affecting decisions related to homeownership and budgeting. Compared to the national median property tax rate of 0.99%, Mattapan homeowners may find their tax bills to be relatively high, emphasizing the importance of understanding local property tax dynamics.
Average Mattapan Tax Bill
$5,803
Average Suffolk County Tax Bill
$6,836
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Mattapan, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02126 | $3,955 | $4,579 | $5,803 | $6,986 | $8,353 |
Source: Ownwell