South Dartmouth, Massachusetts Property Taxes
The median property tax rate in South Dartmouth, MA is 0.92%, slightly below both the state median of 1.23% and the national median of 0.99%. With a median home value of $449,200, the typical annual property tax bill in South Dartmouth reaches $4,172, which is significantly higher than the national median of $2,690. Property taxes in South 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 South 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 South 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
South Dartmouth, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.92%
Estimate Property Tax Bill
$4,133
Ownwell’s South Dartmouth Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in South Dartmouth with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in South 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 South Dartmouth, Massachusetts
Property taxes in South Dartmouth, Massachusetts, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in South Dartmouth is 0.92%, slightly below the U.S. national median of 0.99%. Local government entities within South Dartmouth set these rates annually, and they can vary across different neighborhoods. Each year, South 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 South Dartmouth's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the zip code 02748 has the highest median property tax rate of 0.92%, while the same zip code also has the lowest median tax rate of 0.92%. Understanding how these cities compare with South 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 South 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 South Dartmouth, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
02748 | 0.92% | 0.92% | 0.92% | 0.92% | 0.99% |
Source: Ownwell
Property Tax Assessment Values Across South Dartmouth, Massachusetts
In South 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 South 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 South Dartmouth helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area both stand at $4,172, specifically in the 02748 zip code.
Property Tax Assessment Values Across South Dartmouth, Massachusetts
Source: Ownwell
$270,400
$556,350
$842,300
Average South Dartmouth Assessed Value
$449,200
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 South Dartmouth, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
02748 | $286,400 | $339,200 | $449,200 | $673,200 | $1,134,940 |
Source: Ownwell
Property Tax Bills Across South Dartmouth, Massachusetts
Property tax bills in South 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 local assessors who evaluate the property's market value and apply an assessment ratio. In South Dartmouth, the median home price stands at $449,200. The local tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including property characteristics, local budgetary needs, and public services funding. Homeowners in South Dartmouth can expect tax bills that vary significantly. For instance, the 25th percentile tax bill is $3,124, while the 75th percentile reaches $6,273, and the 90th percentile climbs to $10,448. The highest median tax bill in the area is recorded at $4,172 within the 02748 zip code. Compared to the national median property tax rate of 0.99%, South Dartmouth's tax rates reflect the local economic and public service requirements, impacting homeowners' annual financial planning.
Average South Dartmouth Tax Bill
$4,172
Average Bristol County Tax Bill
$4,707
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across South Dartmouth, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
02748 | $2,629 | $3,124 | $4,172 | $6,273 | $10,448 |
Source: Ownwell