Springfield, Hampden County, Massachusetts Property Taxes

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

Median Springfield, MA effective property tax rate: 1.71%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Springfield, MA home value: $209,800
Median annual Springfield, MA tax bill: $3,577, $1,177 higher than the national median property tax bill of $2,400.

How are property taxes in Hampden calculated?

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

Last Updated March 1, 2025

Springfield, Hampden County, Massachusetts Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.71%

Estimate Property Tax Bill

$3,588

$3,329

Ownwell’s Springfield Property Tax Bill Calculator equips homeowners, real estate investors, and potential buyers with the ability to estimate their annual property taxes in Springfield using just two data points. By inputting your property's estimated assessed value, our calculator applies Springfield’s median effective tax rate to provide an accurate estimate of your property tax bill. Keep in mind that your property's assessed value, determined by Hampden County, incorporates any exemptions you may have, ensuring a precise calculation for your property tax obligations. This valuable tool aids in understanding potential tax liabilities and demonstrates 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 Springfield, Hampden County, Massachusetts

Local government entities set tax rates, which can vary widely within a state. 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. In Springfield, located in Hampden County, the effective property tax rate is 1.71%, which is notably higher than the national median property tax rate of 1.02%. This places Springfield among the cities with the highest property tax rates in Massachusetts. Comparatively, the lowest median tax rate in the area is 1.70%, found in the zip code 01103. The variation in rates within the same county demonstrates how tax burdens can differ even within close proximity. When considering properties in Springfield, it's crucial to factor in these tax rates, as they significantly impact the overall cost of property ownership. Understanding these rates can help property owners make informed decisions and potentially explore appeal and exemption opportunities.

Property Tax Rates Across Springfield, 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 Springfield Tax Rate

1.71%

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 Springfield, Hampden County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
01103	1.70%	1.70%	1.70%	1.71%	1.71%
01104	1.70%	1.70%	1.71%	1.71%	1.71%
01105	1.70%	1.70%	1.70%	1.71%	1.71%
01106	1.70%	1.70%	1.70%	1.71%	1.71%
01107	1.70%	1.70%	1.71%	1.71%	1.71%
01108	1.70%	1.70%	1.71%	1.71%	1.71%
01109	1.70%	1.70%	1.71%	1.71%	1.71%
01118	1.70%	1.70%	1.70%	1.71%	1.71%
01119	1.70%	1.70%	1.71%	1.71%	1.71%
01128	1.70%	1.70%	1.71%	1.71%	1.71%
01129	1.70%	1.70%	1.71%	1.71%	1.71%
01151	1.70%	1.70%	1.70%	1.71%	1.71%
01101	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Springfield, Hampden County, Massachusetts

When examining property taxes in Springfield, 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 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 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 Springfield.

For example, the median home price in Springfield is $209,800, with tax bills ranging significantly across the county. Zip code 01106 has the highest median home price at $526,100.

Property Tax Assessment Values Across Springfield, Hampden County, Massachusetts

Source: Ownwell

$59,100

$292,600

$526,100

Median Springfield Market Value

$209,800

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 Springfield, Hampden County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
01103	$40,000	$51,350	$59,100	$134,900	$170,680
01104	$153,000	$172,500	$197,700	$226,600	$251,940
01105	$80,600	$128,975	$167,900	$212,450	$253,590
01106	$390,160	$448,800	$526,100	$572,200	$648,200
01107	$156,600	$180,000	$216,700	$254,800	$298,660
01108	$152,800	$187,325	$216,100	$248,500	$284,200
01109	$129,100	$155,600	$182,650	$213,775	$244,500
01118	$181,290	$203,900	$232,300	$266,500	$304,710
01119	$168,800	$190,600	$214,800	$248,800	$290,340
01128	$194,560	$208,600	$230,300	$265,800	$324,000
01129	$158,100	$198,500	$233,000	$264,500	$307,700
01151	$193,260	$217,875	$247,250	$266,425	$290,570
01101	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Springfield, Hampden County, Massachusetts

In Springfield, Hampden County, MA, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $209,800, the tax rate is applied to determine the annual tax bill. This tax rate is influenced by local government budgets and community needs. Homeowners in Springfield face a median tax bill that varies significantly, ranging from $3,030 at the 25th percentile to $4,822 at the 90th percentile. Notably, the highest median tax bill in the area is $8,970 in the 01106 zip code, while the lowest is $1,008 in the 01103 zip code. These figures highlight the disparities within the region, which can impact homeowners' finances. Ownwell assists homeowners by providing property tax appeal services, potentially reducing their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure that homeowners are not overpaying. This service can lead to significant savings, making homeownership more affordable in Springfield.

Property Tax Bills Across Springfield, Hampden County, Massachusetts

Source: Ownwell

$1,008

$5,015

$9,021

Median Springfield Tax Bill

$3,577

Median Hampden County Tax Bill

$4,101

Median Massachusetts Tax Bill

$5,844

Median United States Tax Bill

$2,400

Property Tax Bills Across Springfield, Hampden County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
01103	$682	$876	$1,008	$2,300	$2,910
01104	$2,609	$2,941	$3,371	$3,864	$4,296
01105	$1,374	$2,199	$2,862	$3,622	$4,324
01106	$6,652	$7,652	$8,970	$9,756	$11,052
01107	$2,670	$3,069	$3,695	$4,344	$5,092
01108	$2,609	$3,195	$3,686	$4,239	$4,851
01109	$2,201	$2,653	$3,114	$3,645	$4,169
01118	$3,091	$3,476	$3,961	$4,544	$5,195
01119	$2,878	$3,250	$3,662	$4,242	$4,951
01128	$3,317	$3,557	$3,927	$4,532	$5,524
01129	$2,696	$3,384	$3,974	$4,510	$5,246
01151	$3,295	$3,714	$4,216	$4,542	$4,954
01101	N/A	N/A	N/A	N/A	N/A

Source: Ownwell