Dighton, Massachusetts Property Taxes
The median property tax rate in Dighton, MA is 1.37%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Dighton at $440,700, the typical annual property tax bill reaches $6,032, exceeding the national median of $2,690. Property taxes in Dighton 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 Dighton'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 Dighton 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
Dighton, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.37%
Estimate Property Tax Bill
$6,038
$5,603
Ownwell’s Dighton Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Dighton with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Dighton to estimate your property tax bill. This valuable tool helps you gain insight into potential tax liabilities. For those interested in neighborhood-level trends, additional localized information is available below. Your property’s assessed value is the value assigned by Bristol County for property tax calculations, which includes any applicable exemptions.
Property Tax Rates Across Dighton, Massachusetts
Property taxes in Dighton, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dighton is 1.37%, significantly higher than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within Dighton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dighton 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 Dighton's effective property tax rate to other areas in Massachusetts and the national median. For comparison, the zip code 02715 has the highest median property tax rate of 1.37%, while the same zip code also has the lowest median tax rate of 1.37%. Understanding how these areas compare with Dighton 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 Dighton Tax Rate
1.37%
Average Bristol County Tax Rate
1.27%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dighton, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
02715 | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Dighton, Massachusetts
In Dighton, 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 Assessor's Office 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. 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 Dighton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Dighton is $440,700, with the highest median tax bill of $6,032 in zip code 02715.
Average Dighton Assessed Value
$440,700
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 Dighton, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
02715 | $289,380 | $352,600 | $440,700 | $569,500 | $664,860 |
Source: Ownwell
Property Tax Bills Across Dighton, Massachusetts
In Dighton, property tax bills are calculated based on the assessed value of a home and the local tax rate set by Bristol County. The assessed value is determined by the local assessor's office and reflects the estimated market value of the property. Homeowners in Dighton face a median property tax rate of 1.37%, which is higher than the national median of 0.99%. Factors influencing the tax bill include the property's size, location, and any improvements or additions made. For instance, the median home price in Dighton is $440,700, leading to varying tax bills. The 25th percentile tax bill is around $4,824, while the 75th percentile reaches $7,780, and the 90th percentile can be as high as $9,065. Higher property taxes can significantly impact homeowners, affecting their monthly mortgage payments and overall financial planning. Understanding these factors is crucial for budgeting and long-term financial stability.
Average Dighton Tax Bill
$6,032
Average Bristol County Tax Bill
$4,707
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Dighton, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
02715 | $3,964 | $4,824 | $6,032 | $7,780 | $9,065 |
Source: Ownwell