Dartmouth, Massachusetts Property Taxes
The median property tax rate in Dartmouth, MA is 0.92%, which is lower than both the national median of 0.99% and the Massachusetts state median of 1.23%. With a median home value of $733,600 in Dartmouth, the typical annual property tax bill reaches $6,727, significantly exceeding the national median of $2,690. Property taxes in Dartmouth are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Dartmouth'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 Dartmouth 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
Dartmouth, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$6,749
$6,263
Ownwell’s Dartmouth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dartmouth with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dartmouth 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 Dartmouth, Massachusetts
Property taxes in Dartmouth, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dartmouth is 0.92%, which is lower than the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within Dartmouth set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dartmouth 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 Dartmouth's effective property tax rate to other areas in Massachusetts and the national median. For comparison, the 02714 zip code has the highest median property tax rate of 0.99%, while the 02748 zip code has the lowest median tax rate of 0.92%. Understanding how these areas compare with Dartmouth provides valuable insights into the varying tax landscape across Bristol County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dartmouth Tax Rate
0.92%
Average Bristol County Tax Rate
1.27%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dartmouth, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
02714 | 0.92% | 0.92% | 0.99% | 0.99% | 0.99% |
02747 | 0.97% | 0.97% | 0.97% | 0.97% | 0.97% |
02748 | 0.92% | 0.92% | 0.92% | 0.92% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Dartmouth, Massachusetts
In Dartmouth, 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 Bristol 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 Dartmouth, 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. The highest median tax bill in Dartmouth is $7,352 in the 02748 zip code, while the lowest median tax bill is $2,677 in the 02714 zip code. 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 Dartmouth helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Dartmouth, Massachusetts
Source: Ownwell
$270,400
$556,350
$842,300
Average Dartmouth Assessed Value
$733,600
Average Bristol County Assessed Value
$384,800
Average Massachusetts Assessed Value
$492,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dartmouth, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
02714 | $217,760 | $260,900 | $270,400 | $519,550 | $897,920 |
02747 | $362,340 | $376,500 | $400,100 | $417,150 | $427,380 |
02748 | $505,350 | $704,050 | $801,700 | $910,250 | $1,285,170 |
Source: Ownwell
Property Tax Bills Across Dartmouth, Massachusetts
In Dartmouth, located in Bristol County, MA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the tax rate set by the municipality. For homeowners in Dartmouth, the median home price is $733,600, and the property tax rate is a significant factor in determining the annual tax bill. Factors such as property size, location, and any improvements made to the home can influence the assessed value. Homeowners in Dartmouth experience a range of property tax bills. For instance, those in the 25th percentile pay around $3,822 annually, while those in the 75th percentile face bills of approximately $7,804. At the higher end, the 90th percentile tax bill reaches about $11,205. Notably, the highest median tax bill in the area is $7,352 in the 02748 zip code, while the lowest is $2,677 in the 02714 zip code. These property taxes directly impact homeowners' annual expenses, making it essential to understand how these calculations are made.
Average Dartmouth Tax Bill
$6,727
Average Bristol County Tax Bill
$4,707
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Dartmouth, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
02714 | $2,156 | $2,583 | $2,677 | $4,974 | $8,391 |
02747 | $3,511 | $3,648 | $3,877 | $4,042 | $4,141 |
02748 | $4,792 | $6,456 | $7,352 | $8,456 | $11,785 |
Source: Ownwell