Haydenville, Massachusetts Property Taxes
The median property tax rate in Haydenville, MA is 1.96%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Haydenville, the typical annual property tax bill reaches $5,780, exceeding the national median of $2,690. Property taxes in Haydenville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Haydenville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Haydenville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Haydenville, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.96%
Estimate Property Tax Bill
$5,768
Ownwell’s Haydenville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Haydenville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Haydenville to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Haydenville, Massachusetts
Property taxes in Haydenville, Massachusetts, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Haydenville is 1.96%, significantly higher than the U.S. national median of 0.99%. Local government entities within Haydenville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Haydenville estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Haydenville's effective property tax rate to other areas in Hampshire County and the national median. For comparison, the 01039 zip code has the highest and lowest median property tax rate of 1.96%. Understanding how these areas compare with Haydenville provides valuable insights into the varying tax landscape across Hampshire County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Haydenville Tax Rate
1.96%
Average Hampshire County Tax Rate
1.63%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Haydenville, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01039 | 1.96% | 1.96% | 1.96% | 1.96% | 1.96% |
Source: Ownwell
Property Tax Assessment Values Across Haydenville, Massachusetts
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Haydenville, Massachusetts. The market value represents the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Hampshire County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Haydenville, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Haydenville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in Haydenville are both $5,780, found in the 01039 zip code.
Property Tax Assessment Values Across Haydenville, Massachusetts
Source: Ownwell
$189,450
$450,950
$712,450
Average Haydenville Assessed Value
$294,300
Average Hampshire County Assessed Value
$310,200
Average Massachusetts Assessed Value
$492,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Haydenville, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01039 | $186,480 | $218,900 | $294,300 | $375,950 | $479,880 |
Source: Ownwell
Property Tax Bills Across Haydenville, Massachusetts
In Haydenville, located in Hampshire County, MA, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the local assessor's office, which evaluates the property's market value. Once the property's value is assessed, the tax rate is applied to calculate the annual tax bill. Several factors influence the assessed value, including the property's size, age, location, and any improvements or renovations. Homeowners in Haydenville can expect a wide range of tax bills. For instance, the 25th percentile tax bill is $4,299, while the 75th percentile reaches $7,353, and the 90th percentile goes up to $9,346. Interestingly, the highest and lowest median tax bills in the area are both $5,780, highlighting some consistency in tax assessments. These property taxes fund essential local services such as schools, public safety, and infrastructure maintenance, directly impacting homeowners by contributing to the community's overall quality of life. Comparatively, the national median property tax rate is 0.99%, making Haydenville's rates relatively significant for residents.
Average Haydenville Tax Bill
$5,780
Average Hampshire County Tax Bill
$5,000
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Haydenville, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01039 | $3,663 | $4,299 | $5,780 | $7,353 | $9,346 |
Source: Ownwell