North Attleboro, Massachusetts Property Taxes
The median property tax rate in North Attleboro, MA is 1.28%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in North Attleboro, the typical annual property tax bill reaches $5,526, exceeding the national median of $2,690. Property taxes in North Attleboro 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 North Attleboro'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 North Attleboro 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
North Attleboro, Massachusetts Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$2,460
Ownwell’s North Attleboro Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in North Attleboro with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in North Attleboro 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 North Attleboro, Massachusetts
Property taxes in North Attleboro, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in North Attleboro is 1.28%, notably higher than the U.S. national median of 0.99%. Local government entities within North Attleboro set these rates annually, and they can vary significantly across different neighborhoods. Each year, North Attleboro 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 North Attleboro's effective property tax rate to other regions in the county and the national median. For comparison, the 02763 zip code has the highest median property tax rate of 1.28%, while the 02760 zip code has the lowest median tax rate of 1.28%. Understanding how these areas compare with North Attleboro 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 North Attleboro Tax Rate
1.28%
Average Bristol County Tax Rate
1.27%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across North Attleboro, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02760 | 1.28% | 1.28% | 1.28% | 1.28% | 1.28% |
| 02763 | 1.28% | 1.28% | 1.28% | 1.28% | 1.28% |
Source: Ownwell
Property Tax Assessment Values Across North Attleboro, Massachusetts
In North Attleboro, 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 North Attleboro, 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. For instance, the highest median tax bill in North Attleboro is $5,527 in the 02760 zip code, while the lowest median tax bill is $5,479 in the 02763 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across North Attleboro, Massachusetts
Source: Ownwell
$270,400
$556,350
$842,300
Average North Attleboro Assessed Value
$431,950
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 North Attleboro, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02760 | $243,480 | $340,300 | $432,000 | $547,600 | $683,520 |
| 02763 | $398,400 | $409,650 | $428,400 | $429,350 | $429,920 |
Source: Ownwell
Property Tax Bills Across North Attleboro, Massachusetts
In North Attleboro, Bristol County, property tax bills are calculated based on the assessed value of a home. The local government determines this value, which is intended to reflect the property's market value. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in North Attleboro experience a range of tax bills, with the 25th percentile paying around $4,352 and the 75th percentile paying approximately $7,006. For those at the 90th percentile, tax bills can reach up to $8,742. The median home price in North Attleboro stands at $431,950, which influences the overall tax burden. Compared to the national median property tax rate of 0.99%, North Attleboro’s rates can be significantly higher. This higher tax rate can impact homeowners by increasing their annual expenses, making it crucial for them to understand their tax liabilities. The highest median tax bill in the area is $5,527 in zip code 02760, while the lowest is $5,479 in zip code 02763.
Average North Attleboro Tax Bill
$5,526
Average Bristol County Tax Bill
$4,707
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across North Attleboro, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02760 | $3,114 | $4,352 | $5,527 | $7,008 | $8,742 |
| 02763 | $5,096 | $5,240 | $5,479 | $5,492 | $5,499 |
Source: Ownwell