Orleans, Massachusetts Property Taxes
The median property tax rate in Orleans, MA is 0.64%, considerably lower than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Orleans at $882,000, the typical annual property tax bill reaches $5,675, significantly exceeding the national median of $2,690. Property taxes in Orleans 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 Orleans'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 Orleans 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
Orleans, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.64%
Estimate Property Tax Bill
$5,645
Ownwell’s Orleans Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orleans with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orleans 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 Orleans, Massachusetts
Property taxes in Orleans, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orleans is 0.64%, which is lower than the U.S. national median of 0.99%. Local government entities within Orleans set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orleans 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 Orleans' effective property tax rate to other areas and the national median. For comparison, the zip code 02653 has the highest median property tax rate of 0.64%, while the same zip code also has the lowest median tax rate of 0.64%. Understanding how these figures compare with Orleans 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 Orleans Tax Rate
0.64%
Average Barnstable County Tax Rate
0.70%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orleans, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02653 | 0.64% | 0.64% | 0.64% | 0.64% | 0.64% |
Source: Ownwell
Property Tax Assessment Values Across Orleans, Massachusetts
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Orleans, MA. 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 Orleans, 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. For instance, the median home price in Orleans is $882,000, with tax bills ranging from $3,933 at the 25th percentile to $13,491 at the 90th percentile. The highest and lowest median tax bills both stand at $5,675 in the 02653 zip code. 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 Orleans helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Orleans, Massachusetts
Source: Ownwell
$390,350
$1,067,975
$1,745,600
Average Orleans Assessed Value
$882,000
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 Orleans, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02653 | $375,280 | $610,500 | $882,000 | $1,333,200 | $2,083,960 |
Source: Ownwell
Property Tax Bills Across Orleans, Massachusetts
In Orleans, located in Barnstable County, MA, property tax bills are calculated based on the assessed value of a home and the local property tax rate. The median home price here is $882,000, and the property tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the assessed value, including the home's location, size, age, and market conditions. Homeowners in Orleans can expect their tax bills to vary significantly. For example, the tax bill at the 25th percentile is around $3,933, while at the 75th percentile, it rises to approximately $8,583. Those in the 90th percentile could see tax bills as high as $13,491. These figures highlight the impact of property value and local tax rates on homeowners' financial obligations. Compared to the national median property tax rate of 0.99%, Orleans homeowners may experience higher tax bills, reflecting the higher property values in the area. This can significantly affect household budgets, making it crucial for homeowners to understand their tax liabilities.
Average Orleans Tax Bill
$5,675
Average Barnstable County Tax Bill
$4,094
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Orleans, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02653 | $2,420 | $3,933 | $5,675 | $8,583 | $13,491 |
Source: Ownwell