Byfield, Essex County, Massachusetts Property Taxes

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

Median Byfield, MA effective property tax rate: 0.77%, significantly lower than the national median of 1.02%, but lower than the MA state median of 1.23%.
Median Byfield, MA home value: $709,000
Median annual Byfield, MA tax bill: $5,446, $3,046 higher than the national median property tax bill of $2,400.

How are property taxes in Essex calculated?

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

Last Updated March 1, 2025

Byfield, Essex County, Massachusetts Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.77%

Estimate Property Tax Bill

$5,459

$5,066

Ownwell’s Byfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Byfield with just two data points. By entering your property's estimated assessed value, our calculator applies Byfield’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 Byfield, Essex County, Massachusetts

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget annually to provide 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 Byfield’s effective property tax rate to other cities in Massachusetts and the median property tax rates in Massachusetts and the U.S.

Property Tax Rates Across Byfield, 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 Byfield Tax Rate

0.77%

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 Byfield, Essex County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
01922	0.77%	0.77%	0.77%	0.77%	0.77%

Source: Ownwell

Property Tax Assessment Values Across Byfield, Essex County, Massachusetts

When examining property taxes in Byfield, 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 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 Byfield. For example, the median home price in Byfield is $709,000, with tax bills ranging significantly across the county. Zip code 01922 has the highest median home price at $709,000.

Property Tax Assessment Values Across Byfield, Essex County, Massachusetts

Source: Ownwell

$258,000

$568,450

$878,900

Median Byfield Market Value

$709,000

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 Byfield, Essex County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
01922	$558,890	$621,975	$709,000	$855,000	$1,047,490

Source: Ownwell

Property Tax Bills Across Byfield, Essex County, Massachusetts

In Byfield, located in Essex County, MA, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $709,000, homeowners in Byfield face property tax bills that can vary significantly. The tax bills range from the 25th percentile at $4,778 to the 90th percentile reaching $8,065, with the median tax bill at $5,446. This is significantly higher than the national median property tax bill of $2,400. Factors such as property size, location, and improvements can influence the assessed value, thus affecting the tax bill. High property taxes can place a financial burden on homeowners, making it crucial to ensure assessments are accurate. Ownwell offers valuable services to help homeowners in Byfield potentially reduce their property tax bills by reviewing assessments and filing appeals if necessary. By leveraging expertise in property tax laws and local market conditions, Ownwell can assist homeowners in securing fair assessments and saving money.

Property Tax Bills Across Byfield, Essex County, Massachusetts

Source: Ownwell

$2,621

$8,030

$13,438

Median Byfield Tax Bill

$5,446

Median Essex County Tax Bill

$6,145

Median Massachusetts Tax Bill

$5,844

Median United States Tax Bill

$2,400

Property Tax Bills Across Byfield, Essex County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
01922	$4,292	$4,778	$5,446	$6,566	$8,065

Source: Ownwell