West Barnstable, Massachusetts Property Taxes
The median property tax rate in West Barnstable, MA is 0.91%, slightly lower than the national median of 0.99% and significantly below the Massachusetts state median of 1.23%. With a median home value of $630,550 in West Barnstable, the typical annual property tax bill amounts to $5,665, far exceeding the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding West Barnstable'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 Barnstable 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
West Barnstable, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.91%
Estimate Property Tax Bill
$5,738
$5,325
Ownwell’s West Barnstable Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in West Barnstable with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West Barnstable 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 Barnstable, Massachusetts
Property taxes in West Barnstable, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Barnstable is 0.91%, which is slightly lower than the U.S. national median of 0.99%. Local government entities within West Barnstable set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Barnstable 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 Barnstable's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the zip code 02668 has the highest median property tax rate of 0.91%, while the same zip code also has the lowest median tax rate of 0.91%. Understanding how these cities compare with West Barnstable 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 Barnstable Tax Rate
0.91%
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 Barnstable, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
02668 | 0.83% | 0.91% | 0.91% | 0.91% | 0.91% |
Source: Ownwell
Property Tax Assessment Values Across West Barnstable, Massachusetts
In West Barnstable, 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 Barnstable, 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 West Barnstable helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 02668 has both the highest and lowest median tax bill at $5665.
Property Tax Assessment Values Across West Barnstable, Massachusetts
Source: Ownwell
$390,350
$1,067,975
$1,745,600
Average West Barnstable Assessed Value
$630,550
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 Barnstable, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
02668 | $458,480 | $534,750 | $630,550 | $778,150 | $1,019,760 |
Source: Ownwell
Property Tax Bills Across West Barnstable, Massachusetts
In West Barnstable, 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 tax assessor and reflects the market value of the property. Homeowners in West Barnstable can expect property tax bills that vary significantly depending on their property's assessed value. For example, the 25th percentile tax bill stands at $4,785, while the 75th percentile tax bill is $7,038. For those at the 90th percentile, the tax bill can reach up to $9,264. The local tax rate in West Barnstable is a key factor in these calculations, and it can be compared to the national median property tax rate of 0.99%. This rate, combined with the assessed value, determines the final tax bill. High property taxes can significantly impact homeowners, influencing their overall housing costs and affordability. Understanding these factors is crucial for homeowners planning their finances and considering property investments in West Barnstable.
Average West Barnstable Tax Bill
$5,665
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 Barnstable, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
02668 | $4,082 | $4,785 | $5,665 | $7,038 | $9,264 |
Source: Ownwell