Harwich Port, Massachusetts Property Taxes
The median property tax rate in Harwich Port, MA is 0.60%, considerably lower than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Harwich Port at $895,500, the typical annual property tax bill reaches $5,377, which exceeds the national median of $2,690. Property taxes in Harwich Port 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 Harwich Port'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 Harwich Port 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
Harwich Port, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$5,373
Ownwell’s Harwich Port Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Harwich Port with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Harwich Port 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 Harwich Port, Massachusetts
Property taxes in Harwich Port, Massachusetts, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Harwich Port is 0.60%, which is lower than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within Harwich Port set these rates annually, and they can vary significantly across different neighborhoods. Each year, Harwich Port 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 Harwich Port's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the 02646 zip code has the highest median property tax rate of 0.60%, while the same zip code also has the lowest median tax rate of 0.60%. Understanding how these cities compare with Harwich Port 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 Harwich Port Tax Rate
0.60%
Average Barnstable County Tax Rate
0.70%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Harwich Port, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02646 | 0.60% | 0.60% | 0.60% | 0.60% | 0.60% |
Source: Ownwell
Property Tax Assessment Values Across Harwich Port, Massachusetts
In Harwich Port, 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 Assessor 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 Harwich Port, 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 Harwich Port helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Harwich Port is $895,500, with the highest and lowest median tax bills both recorded at $5,377 in the 02646 zip code.
Property Tax Assessment Values Across Harwich Port, Massachusetts
Source: Ownwell
$390,350
$1,067,975
$1,745,600
Average Harwich Port Assessed Value
$895,500
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 Harwich Port, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02646 | $332,740 | $578,900 | $895,500 | $1,384,000 | $2,378,300 |
Source: Ownwell
Property Tax Bills Across Harwich Port, Massachusetts
In Harwich Port, located in 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’s office and reflects the market value of the property. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors that influence the tax bill include the property's location, size, and condition. For instance, the median home price in Harwich Port is $895,500, which significantly impacts the tax amounts. Homeowners in this area experience a range of tax bills, with the 25th percentile at $3,491 and the 75th percentile reaching $8,298. The highest tax bill in the 90th percentile can be as much as $14,341. Comparatively, the median tax bill in Harwich Port stands at $5,377, which is above the national median property tax rate of 0.99%. This higher rate can substantially affect homeowners' financial planning, making it essential for them to understand how their tax bills are determined and the factors that can influence these calculations.
Average Harwich Port Tax Bill
$5,377
Average Barnstable County Tax Bill
$4,094
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Harwich Port, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02646 | $2,006 | $3,491 | $5,377 | $8,298 | $14,341 |
Source: Ownwell