Sheffield, Berkshire County, Massachusetts Property Taxes
Median Sheffield, MA effective property tax rate: 1.15%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Sheffield, MA home value: $384,500
Median annual Sheffield, MA tax bill: $4,419, $2,019 higher than the national median property tax bill of $2,400.
How are property taxes in Berkshire calculated?
Property taxes in Sheffield, 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 Sheffield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sheffield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sheffield, Berkshire County, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.15%
Estimate Property Tax Bill
$4,422
$4,103
Property Tax Rates Across Sheffield, Berkshire County, Massachusetts
Local government entities are responsible for setting tax rates, which can vary significantly even within a state. This variation is largely due to each county's annual budget estimation process. Counties determine the necessary budget to provide essential services and then divide this amount by the total value of all taxable property within their jurisdiction. The result is the property tax rate that residents will pay. While the process involves votes and legislation, this is the fundamental approach used each year.
In Sheffield, located in Berkshire County, the effective property tax rate is a key concern for property owners. Compared to other cities in Massachusetts, Sheffield's tax rate reflects the county's unique budgetary needs and property values. The median property tax rate in Massachusetts is slightly above the national median, highlighting the state's approach to funding local services. Understanding how Sheffield's rate compares to the state and national medians can provide valuable insight for property owners. This comparison is crucial for those considering property investments or evaluating their current tax obligations in Sheffield.
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 Sheffield Tax Rate
1.15%
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 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 Sheffield, Berkshire County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01257 | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Sheffield, Berkshire County, Massachusetts
When examining property taxes in Sheffield, 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 Assessor 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 April. 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 Sheffield.
For example, the median home price in Sheffield is $384,500, with tax bills ranging significantly across the county. Zip code 01257 has the highest median home price at $384,500.
Property Tax Assessment Values Across Sheffield, Berkshire County, Massachusetts
Source: Ownwell
$84,400
$299,300
$514,200
Median Sheffield Market Value
$384,500
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 Sheffield, Berkshire County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01257 | $204,000 | $285,500 | $384,500 | $541,000 | $855,400 |
Source: Ownwell
Property Tax Bills Across Sheffield, Berkshire County, Massachusetts
Median Sheffield Tax Bill
$4,419
Median Berkshire County Tax Bill
$3,693
Median Massachusetts Tax Bill
$5,844
Median United States Tax Bill
$2,400
Property Tax Bills Across Sheffield, Berkshire County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01257 | $2,337 | $3,279 | $4,419 | $6,232 | $9,842 |
Source: Ownwell