Acton, Massachusetts Property Taxes
The median property tax rate in Acton, MA is 1.76%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Acton at $658,600, the typical annual property tax bill reaches $11,565, far exceeding the national median of $2,690. Property taxes in Acton 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 Acton'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 Acton 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
Acton, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.76%
Estimate Property Tax Bill
$11,591
Ownwell’s Acton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Acton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Acton 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 Middlesex County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Acton, Massachusetts
Property taxes in Acton, Massachusetts, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Acton is 1.76%, significantly higher than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within Acton set these rates annually, and they can vary across different neighborhoods. Each year, Acton 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 Acton's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the 01720 zip code has the highest median property tax rate of 1.76%, while the 01718 zip code has the lowest median tax rate of 1.76%. Understanding how these cities compare with Acton provides valuable insights into the varying tax landscape across Middlesex County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Acton Tax Rate
1.76%
Average Middlesex County Tax Rate
1.22%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Acton, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01718 | 1.76% | 1.76% | 1.76% | 1.76% | 1.76% |
| 01720 | 1.76% | 1.76% | 1.76% | 1.76% | 1.76% |
Source: Ownwell
Property Tax Assessment Values Across Acton, Massachusetts
In Acton, Massachusetts, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is 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 Middlesex County Appraisal District 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 Acton, 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 Acton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Acton is $11,738 in the 01720 zip code, while the lowest is $6,086 in the 01718 zip code.
Average Acton Assessed Value
$658,600
Average Middlesex County Assessed Value
$633,600
Average Massachusetts Assessed Value
$492,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Acton, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01718 | $285,740 | $315,600 | $346,600 | $366,200 | $379,100 |
| 01720 | $207,000 | $518,425 | $668,500 | $835,500 | $1,019,020 |
Source: Ownwell
Property Tax Bills Across Acton, Massachusetts
In Acton, Middlesex County, MA, property tax bills are determined by assessing the market value of a home and applying the local tax rate to this value. The median home price in Acton is $658,600, which significantly impacts the tax bill. Homeowners in this city experience a range of tax bills, with the 25th percentile paying around $8,422 and the 75th percentile paying approximately $14,479. For those in the 90th percentile, tax bills can reach up to $17,788. The highest median tax bill in Acton is $11,738, found in the 01720 zip code, while the lowest median tax bill is $6,086, located in the 01718 zip code. These figures are considerably higher than the national median property tax rate of 0.99%. Factors such as property size, location, and market conditions play crucial roles in determining the assessed value, subsequently affecting the overall tax bill. Homeowners need to be aware of these factors to better understand their financial obligations.
Average Acton Tax Bill
$11,565
Average Middlesex County Tax Bill
$7,427
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Acton, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01718 | $5,017 | $5,542 | $6,086 | $6,430 | $6,657 |
| 01720 | $3,635 | $9,104 | $11,738 | $14,660 | $17,892 |
Source: Ownwell