Windsor, Massachusetts Property Taxes
The median property tax rate in Windsor, MA is 1.31%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Windsor at $220,400, the typical annual property tax bill reaches $2,889, exceeding the national median of $2,690. Property taxes in Windsor 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 Windsor'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 Windsor 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
Windsor, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.31%
Estimate Property Tax Bill
$2,887
$2,679
Ownwell’s Windsor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Windsor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Windsor 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 Windsor, Massachusetts
Property taxes in Windsor, Massachusetts, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Windsor is 1.31%, significantly higher than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within Windsor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Windsor 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 Windsor's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the 01270 zip code has the highest median property tax rate of 1.31%, while the same zip code also has the lowest median tax rate of 1.31%. Understanding how these cities compare with Windsor 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 Windsor Tax Rate
1.31%
Average Berkshire County Tax Rate
1.62%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Windsor, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01270 | 1.31% | 1.31% | 1.31% | 1.31% | 1.31% |
Source: Ownwell
Property Tax Assessment Values Across Windsor, Massachusetts
In Windsor, 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 Windsor, 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 Windsor helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in Windsor is $2,889 in the 01270 zip code, while the lowest is also $2,889 in the same zip code.
Average Windsor Assessed Value
$220,400
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 Windsor, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01270 | $77,600 | $140,600 | $220,400 | $288,900 | $361,080 |
Source: Ownwell
Property Tax Bills Across Windsor, Massachusetts
In Windsor, MA, property tax bills are calculated based on the assessed value of a home and the local tax rate set by Berkshire County. The assessed value is determined by local assessors who evaluate the property's market value, taking into account factors like location, size, and condition. Once the assessed value is established, it's multiplied by the tax rate to determine the annual property tax bill. For homeowners in Windsor, the median home price stands at $220,400. Property tax bills can vary significantly: the 25th percentile tax bill is $1,843, while the 75th percentile reaches $3,787, and the 90th percentile climbs to $4,745. These variations depend on the specific characteristics and assessed values of individual homes. The highest and lowest median tax bills in the area are both $2,889, reflecting a consistent tax rate across different properties. Compared to the national median property tax rate of 0.99%, Windsor's rates can influence homeowners' annual expenses considerably, impacting their overall financial planning and home affordability.
Average Windsor Tax Bill
$2,889
Average Berkshire County Tax Bill
$3,693
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Windsor, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01270 | $1,017 | $1,843 | $2,889 | $3,787 | $4,745 |
Source: Ownwell