Chicopee, Hampden County, Massachusetts Property Taxes

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

Median Chicopee, MA effective property tax rate: 1.52%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Chicopee, MA home value: $236,700
Median annual Chicopee, MA tax bill: $3,586, $1,186 higher than the national median property tax bill of $2,400.

How are property taxes in Hampden calculated?

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

Last Updated March 1, 2025

Chicopee, Hampden County, Massachusetts Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.52%

Estimate Property Tax Bill

$3,598

$3,339

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

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

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

Property Tax Rates Across Chicopee, Hampden County, Massachusetts

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget 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 Chicopee’s effective property tax rate to other cities in Massachusetts and the median property tax rates in Massachusetts and the U.S. Chicopee, located in Hampden County, has a property tax rate that aligns with the county's highest median tax rate of 1.52%, which is significantly higher than the national median of 1.02%. This means that property owners in Chicopee pay a higher percentage of their property's assessed value in taxes compared to the national average. However, within Hampden County, the tax rate varies slightly, with the lowest median tax rate being 1.51%. Understanding these differences can help property owners in Chicopee make informed decisions about their property tax appeals and exemptions.

Property Tax Rates Across Chicopee, Hampden County, Massachusetts

Source: Ownwell

1.31%

1.80%

2.29%

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 Chicopee Tax Rate

1.52%

Median Effective Hampden County Tax Rate

1.70%

Median Effective Massachusetts Tax Rate

1.23%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Chicopee, Hampden County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
01013	1.51%	1.51%	1.51%	1.52%	1.52%
01020	1.51%	1.51%	1.51%	1.52%	1.52%
01022	1.51%	1.51%	1.52%	1.52%	1.52%

Source: Ownwell

Property Tax Assessment Values Across Chicopee, Hampden County, Massachusetts

When examining property taxes in Chicopee, 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 Hampden 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 Hampden County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Chicopee.

For example, the median home price in Chicopee is $236,700, with tax bills ranging significantly across the county. Zip code 01020 has the highest median home price at $243,900.

Property Tax Assessment Values Across Chicopee, Hampden County, Massachusetts

Source: Ownwell

$59,100

$292,600

$526,100

Median Chicopee Market Value

$236,700

Median Hampden County Market Value

$245,200

Median Massachusetts Market Value

$492,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Chicopee, Hampden County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
01013	$180,000	$206,250	$234,100	$268,100	$312,700
01020	$188,500	$215,850	$243,900	$279,800	$334,100
01022	$130,400	$142,700	$168,500	$180,525	$215,500

Source: Ownwell

Property Tax Bills Across Chicopee, Hampden County, Massachusetts

In Chicopee, located in Hampden County, MA, property tax bills are calculated based on the assessed value of a home. The median home price in this area is $236,700. Homeowners in Chicopee can expect their property tax bills to range significantly, with the 25th percentile at $3,124 and the 75th percentile reaching $4,127. The highest median tax bill in the area is $3,695 in the 01020 zip code, while the lowest is $2,553 in the 01022 zip code. These figures are notably higher than the national median property tax bill of $2,400, reflecting the local tax rate's impact on homeowners. Several factors, including property location and home value, influence these tax bills. Homeowners can face financial strain due to these high taxes. Ownwell offers valuable assistance by providing property tax appeal services, potentially reducing these bills. By leveraging expertise in local tax regulations, Ownwell helps homeowners navigate the appeals process efficiently, ensuring they pay only their fair share.

Property Tax Bills Across Chicopee, Hampden County, Massachusetts

Source: Ownwell

$1,008

$5,015

$9,021

Median Chicopee Tax Bill

$3,586

Median Hampden County Tax Bill

$4,101

Median Massachusetts Tax Bill

$5,844

Median United States Tax Bill

$2,400

Property Tax Bills Across Chicopee, Hampden County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
01013	$2,727	$3,125	$3,547	$4,062	$4,737
01020	$2,856	$3,271	$3,695	$4,239	$5,062
01022	$1,976	$2,162	$2,553	$2,735	$3,265

Source: Ownwell