Glendale, Massachusetts Property Taxes
The median property tax rate in Glendale, MA is 0.81%, notably lower than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Glendale at $321,550, the typical annual property tax bill amounts to $2,618, slightly below the national median of $2,690. Property taxes in Glendale are calculated based on the tax assessed value, which often falls below market value due to exemptions such as those for primary residences and agricultural properties. Understanding Glendale'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 Glendale 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
Glendale, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.81%
Estimate Property Tax Bill
$2,605
Ownwell’s Glendale Property Tax Bill Calculator empowers homeowners, real estate investors, and prospective buyers to estimate their annual property taxes in Glendale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glendale to provide an estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities, allowing for more informed financial planning. If you’re interested in exploring trends on a neighborhood level, scroll down to discover more localized information. Your property’s assessed value is the value assigned by Berkshire County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Glendale, Massachusetts
Property taxes in Glendale, Massachusetts, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glendale is 0.81%, lower than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within Glendale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glendale 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 Glendale's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the 01229 zip code has both the highest and lowest median property tax rate of 0.81%. Understanding how these cities compare with Glendale provides valuable insights into the varying tax landscape across Berkshire County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glendale Tax Rate
0.81%
Average Berkshire County Tax Rate
1.62%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Glendale, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01229 | 0.81% | 0.81% | 0.81% | 0.81% | 0.81% |
Source: Ownwell
Property Tax Assessment Values Across Glendale, Massachusetts
In Glendale, 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 Berkshire 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 Glendale, 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 Glendale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Glendale is $321,550, with tax bills ranging from $2,200 at the 25th percentile to $4,094 at the 90th percentile. The highest and lowest median tax bills, both at $2,618, are found in the 01229 zip code.
Average Glendale Assessed Value
$321,550
Average Berkshire County Assessed Value
$256,200
Average Massachusetts Assessed Value
$492,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Glendale, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01229 | $236,960 | $270,300 | $321,550 | $375,100 | $502,960 |
Source: Ownwell
Property Tax Bills Across Glendale, Massachusetts
In Glendale, located in Berkshire 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 local assessors who evaluate the property's market value, taking into account factors such as location, size, and condition. Once the assessed value is established, it is multiplied by the local tax rate to calculate the annual tax bill. For Glendale homeowners, the tax bills can vary significantly. For example, homeowners in the 25th percentile of tax bills pay around $2,200 annually, while those in the 75th percentile face tax bills of approximately $3,053. At the 90th percentile, tax bills can reach up to $4,094. Comparatively, the national median property tax rate is 0.99%, making the property tax landscape in Glendale an essential consideration for homeowners. The highest and lowest median tax bills in the area are both $2,618, found in the 01229 zip code, reflecting a consistent tax rate within that region.
Average Glendale Tax Bill
$2,618
Average Berkshire County Tax Bill
$3,693
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Glendale, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01229 | $1,929 | $2,200 | $2,618 | $3,053 | $4,094 |
Source: Ownwell