Lenox, Berkshire County, Massachusetts Property Taxes

Name: Property Tax Bills Across Lenox, Berkshire County, Massachusetts
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Lenox, MA effective property tax rate: 0.92%, significantly lower than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Lenox, MA home value: $457,900
Median annual Lenox, MA tax bill: $4,186, $1,786 higher than the national median property tax bill of $2,400.

How are property taxes in Berkshire calculated?

Property taxes in Lenox, MA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Lenox’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lenox, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lenox, Berkshire County, Massachusetts Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.92%

Estimate Property Tax Bill

$4,213

$3,909

Ownwell’s Lenox Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lenox with just two data points. By entering your property's estimated assessed value, our calculator applies Lenox’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Berkshire County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lenox, Berkshire County, Massachusetts

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Lenox’s effective property tax rate to other cities in Massachusetts and the median property tax rates in Massachusetts and the U.S.

Lenox, located in Berkshire County, has a property tax rate of 0.92%, which is lower than the national median of 1.02%. This means that property owners in Lenox may enjoy a more favorable tax climate compared to many other regions in the country. However, it's important to note that the property tax rate in Lenox is consistent across different areas within the city. Understanding these rates can be crucial for homeowners and potential buyers when making real estate decisions in the area.

Property Tax Rates Across Lenox, Berkshire County, Massachusetts

Source: Ownwell

0.27%

1.10%

1.92%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Lenox Tax Rate

0.92%

Median Effective Berkshire County Tax Rate

1.62%

Median Effective Massachusetts Tax Rate

1.23%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lenox, Berkshire County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
01240	0.92%	0.92%	0.92%	0.92%	0.92%

Source: Ownwell

Property Tax Assessment Values Across Lenox, Berkshire County, Massachusetts

When examining property taxes in Lenox, MA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Berkshire County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. In Berkshire County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Lenox. For example, the median home price in Lenox is $457,900, with tax bills ranging significantly across the county. 01240 has the highest median home price at $457,900.

Property Tax Assessment Values Across Lenox, Berkshire County, Massachusetts

Source: Ownwell

$84,400

$299,300

$514,200

Median Lenox Market Value

$457,900

Median Berkshire County Market Value

$256,200

Median Massachusetts Market Value

$492,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lenox, Berkshire County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
01240	$229,800	$319,600	$457,900	$662,100	$998,150

Source: Ownwell

Property Tax Bills Across Lenox, Berkshire County, Massachusetts

In Lenox, Massachusetts, property tax bills are determined by the assessed value of a home and the local tax rate. The median home price in Lenox is $457,900, with property tax bills ranging from $2,940 at the 25th percentile to $9,052 at the 90th percentile. The median property tax bill in Lenox is $4,186, which is significantly higher than the national median of $2,400. This higher tax bill can impact homeowners by increasing their annual housing costs, potentially stretching their budgets.

Factors influencing property tax bills include changes in the local tax rate and fluctuations in property values. Homeowners in Lenox may find these factors challenging to navigate, but that's where Ownwell comes in. By providing expert property tax appeal and exemption services, Ownwell can help homeowners potentially lower their tax bills. Our team of experienced consultants works to ensure that property assessments are fair and accurate, helping homeowners save money and alleviate some of the financial burdens associated with high property taxes.

Property Tax Bills Across Lenox, Berkshire County, Massachusetts

Source: Ownwell

$226

$2,752

$5,277

Median Lenox Tax Bill

$4,186

Median Berkshire County Tax Bill

$3,693

Median Massachusetts Tax Bill

$5,844

Median United States Tax Bill

$2,400

Property Tax Bills Across Lenox, Berkshire County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
01240	$2,150	$2,940	$4,186	$5,972	$9,052

Source: Ownwell