Andover, Essex County, Massachusetts Property Taxes

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

Median Andover, MA effective property tax rate: 1.37%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Andover, MA home value: $740,000
Median annual Andover, MA tax bill: $10,111, $7,711 higher than the national median property tax bill of $2,400.

How are property taxes in Essex County calculated?

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

Last Updated March 1, 2025

Andover, Essex County, Massachusetts Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.37%

Estimate Property Tax Bill

$10,138

$9,408

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

By entering your property's estimated assessed value, our calculator applies Andover’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 Essex County.

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

Property Tax Rates Across Andover, Essex County, Massachusetts

Local government entities in Essex County set property tax rates, which can vary widely within Massachusetts. Annually, each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Andover’s effective property tax rate to other cities in Massachusetts and the median property tax rates in Massachusetts and the U.S. Andover, located in Essex County, has a median property tax rate of 1.37%, which is higher than the national median of 1.02%. This rate is also reflective of the county's highest and lowest median tax rates, indicating consistency within the area. With the national median property tax bill at $2400, homeowners in Andover may find their property tax bills to be relatively higher. Understanding these nuances can help property owners make informed decisions about appealing their property taxes or seeking exemptions.

Property Tax Rates Across Andover, Essex County, Massachusetts

Source: Ownwell

0.77%

1.25%

1.74%

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 Andover Tax Rate

1.37%

Median Effective Essex County Tax Rate

1.12%

Median Effective Massachusetts Tax Rate

1.23%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Andover, Essex County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
01810	1.37%	1.37%	1.37%	1.37%	1.37%

Source: Ownwell

Property Tax Assessment Values Across Andover, Essex County, Massachusetts

When examining property taxes in Andover, MA, 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 Essex County appraisal district 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 Essex County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Andover. For example, the median home price in Andover is $740,000, with tax bills ranging significantly across the county. Zip code 01810 has the highest median home price at $740,000.

Property Tax Assessment Values Across Andover, Essex County, Massachusetts

Source: Ownwell

$258,000

$568,450

$878,900

Median Andover Market Value

$740,000

Median Essex County Market Value

$545,500

Median Massachusetts Market Value

$492,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Andover, Essex County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
01810	$336,000	$592,325	$740,000	$924,500	$1,162,050

Source: Ownwell

Property Tax Bills Across Andover, Essex County, Massachusetts

In Andover, Essex County, MA, property tax bills are calculated based on the assessed value of a home, which is derived from the market value. The local tax rate is applied to this assessed value, resulting in the annual tax bill. With a median home price of $740,000, many homeowners in Andover find their property tax bills significantly higher than the national median of $2,400. The median tax bill in Andover is $10,111, with the 25th percentile at $8,092 and the 75th percentile reaching $12,633. Factors influencing these bills include property size, location, and improvements made to the home. High property taxes can be a financial burden for homeowners, impacting their disposable income and overall financial planning. Ownwell can assist homeowners in Andover by identifying potential savings through appealing the assessed value of their property. By leveraging local expertise and data analysis, Ownwell helps clients reduce their property tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Andover, Essex County, Massachusetts

Source: Ownwell

$2,621

$8,030

$13,438

Median Andover Tax Bill

$10,111

Median Essex County Tax Bill

$6,145

Median Massachusetts Tax Bill

$5,844

Median United States Tax Bill

$2,400

Property Tax Bills Across Andover, Essex County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
01810	$4,577	$8,092	$10,111	$12,633	$15,874

Source: Ownwell