Dukes County, Massachusetts Property Taxes
The median property tax rate in Dukes County is 0.53%, which is significantly lower than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Dukes County, the typical annual property tax bill reaches $5,248, which exceeds the national median of $2,690. Property taxes in Dukes County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Dukes County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Edgartown or another part of Dukes County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dukes County, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.53%
Estimate Property Tax Bill
$6,117
$5,676
Ownwell’s Dukes County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Dukes County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Dukes County to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Dukes County, Massachusetts
Property taxes in Dukes County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Dukes County is 0.53%, which is lower than the U.S. national median of 0.99%. Local government entities within Dukes County set these rates annually, and they can vary significantly between different areas within the county. Each year, Dukes County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Vineyard Haven has one of the higher property tax rates in Massachusetts at 0.73%, while the city of West Tisbury boasts one of the lowest at 0.43%. Analyzing how Dukes County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Dukes County Tax Rate
0.53%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dukes County, Massachusetts
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aquinnah | 0.61% | 0.61% | 0.61% | 0.61% | 0.61% |
| Chilmark | 0.26% | 0.26% | 0.26% | 0.26% | 0.61% |
| Cuttyhunk | 0.33% | 0.33% | 0.33% | 0.33% | 0.33% |
| Edgartown | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% |
| Oak Bluffs | 0.53% | 0.53% | 0.53% | 0.53% | 0.53% |
| Vineyard Haven | 0.43% | 0.43% | 0.73% | 0.73% | 0.73% |
| West Tisbury | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Dukes County, Massachusetts
In Dukes County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Dukes County Appraisal District. The assessed value, however, 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 in Dukes County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. In Dukes County, the median home price is $1,154,150. The highest median tax bill is in Aquinnah at $9,172, while the lowest is in Cuttyhunk at $2,522. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Dukes County, Massachusetts
Source: Ownwell
$771,450
$1,142,800
$1,514,150
Average Dukes County Assessed Value
$1,154,150
Average Massachusetts Assessed Value
$492,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dukes County, Massachusetts
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aquinnah | $797,550 | $1,071,550 | $1,514,150 | $2,204,900 | $2,955,810 |
| Chilmark | $690,040 | $954,650 | $1,485,500 | $2,559,450 | $4,276,140 |
| Cuttyhunk | $488,160 | $625,775 | $771,450 | $1,047,250 | $1,382,770 |
| Edgartown | $702,000 | $914,475 | $1,303,400 | $2,115,750 | $3,793,380 |
| Oak Bluffs | $677,370 | $800,225 | $989,450 | $1,319,575 | $1,983,620 |
| Vineyard Haven | $675,400 | $841,600 | $1,141,600 | $1,646,350 | $2,717,640 |
| West Tisbury | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Dukes County, Massachusetts
In Dukes County, MA, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The tax rate, applied to this assessed value, results in the final tax bill. For homeowners in Dukes County, the median home price is $1,154,150, leading to varying tax bills across different percentiles. For instance, the 25th percentile tax bill is $3,587, while the 75th percentile tax bill rises to $7,660, and the 90th percentile tax bill can reach up to $12,617. These figures highlight the significant impact property values have on tax obligations. Factors such as property location, size, and market conditions influence the assessed value. Comparatively, Dukes County exhibits a range of tax bills, with Aquinnah having the highest median tax bill at $9,172 and Cuttyhunk the lowest at $2,522. These variations affect homeowners differently, with higher-valued properties incurring larger tax liabilities. Understanding these factors helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Dukes County Tax Bill
$5,248
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Dukes County, Massachusetts
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Aquinnah | $4,779 | $6,485 | $9,172 | $13,398 | $17,757 |
| Chilmark | $1,890 | $2,612 | $4,325 | $7,876 | $12,961 |
| Cuttyhunk | $1,596 | $2,046 | $2,522 | $3,424 | $4,521 |
| Edgartown | $1,778 | $2,331 | $3,372 | $5,589 | $9,870 |
| Oak Bluffs | $3,580 | $4,225 | $5,224 | $6,968 | $10,474 |
| Vineyard Haven | $4,227 | $5,135 | $6,450 | $9,368 | $16,225 |
| West Tisbury | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell