North Andover, Essex County, Massachusetts Property Taxes
Median North Andover, MA effective property tax rate: 1.22%, slightly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median North Andover, MA home value: $582,400
Median annual North Andover, MA tax bill: $7,128, $4,728 higher than the national median property tax bill of $2,400.
How are property taxes in Essex County calculated?
Property taxes in North 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 North Andover’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in North Andover, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
North Andover, Essex County, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.22%
Estimate Property Tax Bill
$7,105
$6,594
Property Tax Rates Across North Andover, Essex County, Massachusetts
Local government entities are responsible for setting tax rates, which can vary widely within a state. Each county estimates its required budget to provide essential 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 annual process in a nutshell.
In North Andover, located in Essex County, the effective property tax rate stands at 1.22%. This rate is notably higher than the national median property tax rate of 1.02%, highlighting the region's relatively high property tax burden. When compared to other cities in Massachusetts, North Andover's rate aligns with the state median, indicating a consistent approach across the state. However, this rate can still be considered significant when compared to the national landscape.
Understanding these rates is crucial for property owners, as they directly impact the annual property tax bill. With the national median property tax bill at $2,400, property owners in North Andover may find themselves paying more due to the higher local rates. This underscores the importance of exploring property tax appeal and exemption services to potentially reduce tax liabilities.
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 North Andover Tax Rate
1.22%
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 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 North Andover, Essex County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01845 | 1.22% | 1.22% | 1.22% | 1.22% | 1.22% |
Source: Ownwell
Property Tax Assessment Values Across North Andover, Essex County, Massachusetts
When examining property taxes in North 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 trends. Essex County 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 North Andover. For example, the median home price in North Andover is $582,400, with tax bills ranging significantly across the county. Zip code 01845 has the highest median home price at $582,400.
Property Tax Assessment Values Across North Andover, Essex County, Massachusetts
Source: Ownwell
$258,000
$568,450
$878,900
Median North Andover Market Value
$582,400
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 North Andover, Essex County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01845 | $267,000 | $430,925 | $582,400 | $754,500 | $901,230 |
Source: Ownwell
Property Tax Bills Across North Andover, Essex County, Massachusetts
Property Tax Bills Across North Andover, Essex County, Massachusetts
Source: Ownwell
$2,621
$8,030
$13,438
Median North Andover Tax Bill
$7,128
Median Essex County Tax Bill
$6,145
Median Massachusetts Tax Bill
$5,844
Median United States Tax Bill
$2,400
Property Tax Bills Across North Andover, Essex County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01845 | $3,268 | $5,264 | $7,128 | $9,235 | $11,031 |
Source: Ownwell