North Dartmouth, Massachusetts Property Taxes
The median property tax rate in North Dartmouth, MA is 0.97%, slightly below the national median of 0.99% but lower than the Massachusetts state median of 1.23%. With the median home value in North Dartmouth at $403,200, the typical annual property tax bill reaches $3,913, surpassing the national median of $2,690. Property taxes in North Dartmouth 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 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 North 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
North Dartmouth, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.97%
Estimate Property Tax Bill
$3,911
$3,629
Ownwell’s North Dartmouth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in North Dartmouth with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in North 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 North Dartmouth, Massachusetts
Property taxes in North Dartmouth, Massachusetts, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in North Dartmouth is 0.97%, slightly below the U.S. national median of 0.99%. Local government entities within North Dartmouth set these rates annually, and they can vary significantly across different neighborhoods. Each year, North 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 North Dartmouth's effective property tax rate to other areas in Bristol County and the national median. For comparison, the 02747 zip code has the highest median property tax rate of 0.97%, while the same 02747 zip code also has the lowest median tax rate of 0.97%. Understanding how these cities compare with North 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 North Dartmouth Tax Rate
0.97%
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 Dartmouth, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
02747 | 0.92% | 0.97% | 0.97% | 0.97% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across North Dartmouth, Massachusetts
In North 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 North 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. 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 North Dartmouth helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in North Dartmouth is $403,200, with the highest and lowest median tax bills both being $3,913 in zip code 02747.
Property Tax Assessment Values Across North Dartmouth, Massachusetts
Source: Ownwell
$270,400
$556,350
$842,300
Average North Dartmouth Assessed Value
$403,200
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 Dartmouth, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
02747 | $293,920 | $335,600 | $403,200 | $513,350 | $638,660 |
Source: Ownwell
Property Tax Bills Across North Dartmouth, Massachusetts
Property tax bills in North Dartmouth, located in Bristol County, MA, are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the local assessor's office, which evaluates the property's market value and applies a standardized assessment ratio. In North Dartmouth, homeowners can expect a median home price of $403,200. The property tax rate is applied to this assessed value to calculate the annual tax bill. Several factors influence the tax bill, including property improvements, neighborhood values, and overall market trends. For instance, properties in the 25th percentile have tax bills around $3,242, while those in the 75th percentile face bills nearing $5,019. The 90th percentile sees tax bills as high as $6,202. These figures highlight the variability in tax bills based on property value and location within North Dartmouth. Compared to the national median property tax rate of 0.99%, North Dartmouth's tax bills reflect the region's specific economic conditions, affecting homeowners' annual financial planning.
Average North Dartmouth Tax Bill
$3,913
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 Dartmouth, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
02747 | $2,840 | $3,242 | $3,913 | $5,019 | $6,202 |
Source: Ownwell