Edgartown, Dukes County, Massachusetts Property Taxes

Name: Property Tax Bills Across Edgartown, Dukes County, Massachusetts
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Edgartown, MA effective property tax rate: 0.25%, significantly lower than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Edgartown, MA home value: $1,303,400
Median annual Edgartown, MA tax bill: $3,372, $972 higher than the national median property tax bill of $2,400.

How are property taxes in Dukes County calculated?

Property taxes in Edgartown, MA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Edgartown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Edgartown, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Edgartown, Dukes County, Massachusetts Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.25%

Estimate Property Tax Bill

$3,259

$3,024

Ownwell’s Edgartown Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Edgartown with just two data points.

By entering your property's estimated assessed value, our calculator applies Edgartown’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Dukes County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Edgartown, Dukes County, Massachusetts

Local government entities set tax rates, which can vary significantly within a state. This is because each county annually estimates its budget needs for services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the basic annual process.

Edgartown in Dukes County, Massachusetts, features a notably low effective property tax rate of 0.25%, which is significantly below both the state and national medians. This low rate can be appealing to property owners seeking relief from higher tax burdens. Compared to the national median property tax rate of 1.02%, Edgartown offers a more affordable option for homeowners. The lower tax rate can be a significant factor in attracting new residents and investors, contributing to the area's growth and development.

In conclusion, understanding the intricacies of local tax rates can benefit property owners in making informed decisions. By comparing Edgartown's effective property tax rate to those in other cities and the national average, property owners can better assess the financial implications of their real estate investments.

Property Tax Rates Across Edgartown, Dukes County, Massachusetts

Source: Ownwell

0.25%

0.49%

0.73%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Edgartown Tax Rate

0.25%

Median Effective Dukes County Tax Rate

0.53%

Median Effective Massachusetts Tax Rate

1.23%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Edgartown, Dukes County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
02539	0.25%	0.25%	0.25%	0.25%	0.25%

Source: Ownwell

Property Tax Assessment Values Across Edgartown, Dukes County, Massachusetts

When examining property taxes in Edgartown, Massachusetts, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Dukes County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Dukes County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Edgartown. For example, the median home price in Edgartown is $1,303,400, with tax bills ranging significantly across the county. Zip code 02539 has the highest median home price at $1,303,400.

Property Tax Assessment Values Across Edgartown, Dukes County, Massachusetts

Source: Ownwell

$771,450

$1,142,800

$1,514,150

Median Edgartown Market Value

$1,303,400

Median Dukes County Market Value

$1,154,150

Median Massachusetts Market Value

$492,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Edgartown, Dukes County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
02539	$702,000	$914,475	$1,303,400	$2,115,750	$3,793,380

Source: Ownwell

Property Tax Bills Across Edgartown, Dukes County, Massachusetts

In Edgartown, located in Dukes County, MA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The tax rate is then applied to this assessed value to determine the annual tax bill. With a median home price of $1,303,400, Edgartown's property tax bills can vary significantly. The 25th percentile tax bill is $2,331, while the 75th percentile reaches $5,589, and the 90th percentile can climb to $9,870. These figures highlight the substantial impact property taxes can have on homeowners, especially when compared to the national median property tax bill of $2,400. Homeowners in Edgartown may find their property tax bills to be a significant financial burden. This is where Ownwell comes in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax bills, ensuring they are not overpaying and are only paying their fair share.

Property Tax Bills Across Edgartown, Dukes County, Massachusetts

Source: Ownwell

$2,522

$5,847

$9,172

Median Edgartown Tax Bill

$3,372

Median Dukes County Tax Bill

$5,248

Median Massachusetts Tax Bill

$5,844

Median United States Tax Bill

$2,400

Property Tax Bills Across Edgartown, Dukes County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
02539	$1,778	$2,331	$3,372	$5,589	$9,870

Source: Ownwell