Dennis, Massachusetts Property Taxes
The median property tax rate in Dennis, MA is 0.47%, considerably lower than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Dennis at $759,100, the typical annual property tax bill reaches $3,545, still exceeding the national median of $2,690. Property taxes in Dennis 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 Dennis'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 Dennis or another part of Barnstable County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dennis, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.47%
Estimate Property Tax Bill
$3,568
$3,311
Ownwell’s Dennis Property Tax Bill Calculator enables homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Dennis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dennis to provide an estimated property tax bill. This valuable tool helps you understand potential tax liabilities. If you’re interested in seeing trends at the neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by Barnstable County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Dennis, Massachusetts
Property taxes in Dennis, Massachusetts, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Dennis is 0.47%, significantly lower than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within Dennis set these rates annually, and they can vary across different neighborhoods. Each year, 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 Dennis's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the 02638 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 rates compare with 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 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 Dennis, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02638 | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
Source: Ownwell
Property Tax Assessment Values Across Dennis, Massachusetts
In Dennis, Massachusetts, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value reflects 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 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. 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 Dennis helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bill in Dennis is $3,545, found in zip code 02638.
Property Tax Assessment Values Across Dennis, Massachusetts
Source: Ownwell
$390,350
$1,067,975
$1,745,600
Average Dennis Assessed Value
$759,100
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 Dennis, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02638 | $379,700 | $514,800 | $759,100 | $1,185,200 | $1,705,000 |
Source: Ownwell
Property Tax Bills Across Dennis, Massachusetts
In Dennis, located in Barnstable County, MA, property tax bills are calculated based on the assessed value of your home and the local tax rate. The assessed value is determined by the town’s assessing department and reflects the market value of the property. Once the assessed value is established, the local tax rate is applied to calculate the annual tax bill. For instance, with a median home price of $759,100, homeowners can expect varying tax bills depending on their property's assessed value. The tax bill for the 25th percentile is approximately $2,404, while the 75th percentile sees bills around $5,535. Those in the 90th percentile may face tax bills as high as $7,962. Comparing this to the national median property tax rate of 0.99%, Dennis homeowners experience a range of tax obligations influenced by their property values. This system ensures that tax contributions are proportional to the property's worth, impacting homeowners based on the assessed value of their real estate.
Average Dennis Tax Bill
$3,545
Average Barnstable County Tax Bill
$4,094
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Dennis, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02638 | $1,773 | $2,404 | $3,545 | $5,535 | $7,962 |
Source: Ownwell