Monson, Hampden County, Massachusetts Property Taxes

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

Median Monson, MA effective property tax rate: 1.59%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Monson, MA home value: $276,700
Median annual Monson, MA tax bill: $4,390, $1,990 higher than the national median property tax bill of $2,400.

How are property taxes in Hampden County calculated?

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

Last Updated March 1, 2025

Monson, Hampden County, Massachusetts Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.59%

Estimate Property Tax Bill

$4,400

$4,083

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

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

Local government entities set tax rates, which can vary widely within a state. 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 Monson’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 Monson, 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 Monson Tax Rate

1.59%

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 Monson, Hampden County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
01057	1.59%	1.59%	1.59%	1.59%	1.59%

Source: Ownwell

Property Tax Assessment Values Across Monson, Hampden County, Massachusetts

When examining property taxes in Monson, 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 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 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 Monson. For example, the median home price in Monson is $276,700, with tax bills ranging significantly across the county. Zip code 01057 has the highest median home price at $276,700.

Property Tax Assessment Values Across Monson, Hampden County, Massachusetts

Source: Ownwell

$59,100

$292,600

$526,100

Median Monson Market Value

$276,700

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 Monson, Hampden County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
01057	$187,940	$221,900	$276,700	$346,200	$429,600

Source: Ownwell

Property Tax Bills Across Monson, Hampden County, Massachusetts

In Monson, Hampden County, MA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Monson is $276,700, leading to a property tax bill that can vary significantly. Homeowners in the 25th percentile pay around $3,523, while those in the 75th percentile face bills of approximately $5,495. The tax bill can reach up to $6,814 for those in the 90th percentile. With a median property tax bill of $4,390, Monson exceeds the national median of $2,400, reflecting the higher rates in Massachusetts. These taxes can be a significant financial burden for homeowners. Ownwell offers services to help homeowners potentially reduce their property tax burden by appealing their assessments or securing exemptions, ensuring they are not overpaying and keeping their costs more manageable.

Property Tax Bills Across Monson, Hampden County, Massachusetts

Source: Ownwell

$1,008

$5,015

$9,021

Median Monson Tax Bill

$4,390

Median Hampden County Tax Bill

$4,101

Median Massachusetts Tax Bill

$5,844

Median United States Tax Bill

$2,400

Property Tax Bills Across Monson, Hampden County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
01057	$2,981	$3,523	$4,390	$5,495	$6,814

Source: Ownwell