Carlisle, Massachusetts Property Taxes
The median property tax rate in Carlisle, MA is 1.42%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Carlisle at $1,030,100, the typical annual property tax bill reaches $14,576, exceeding the national median of $2,690. Property taxes in Carlisle 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 Carlisle'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 Carlisle 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
Carlisle, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.42%
Estimate Property Tax Bill
$14,627
Ownwell’s Carlisle Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Carlisle with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carlisle 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 Carlisle, Massachusetts
Property taxes in Carlisle, Massachusetts, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Carlisle is 1.42%, significantly higher than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within Carlisle set these rates annually, and they can vary significantly across different neighborhoods. Each year, Carlisle 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. For comparison, the zip code 01741 has the highest median property tax rate of 1.42%, while the same zip code also has the lowest median tax rate of 1.42%. Understanding how these cities compare with Carlisle 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 Carlisle Tax Rate
1.42%
Average Middlesex County Tax Rate
1.22%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carlisle, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01741 | 1.41% | 1.41% | 1.42% | 1.42% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Carlisle, Massachusetts
In Carlisle, 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 Carlisle, 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 Carlisle 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 Carlisle are both $14,576, found in the zip code 01741.
Property Tax Assessment Values Across Carlisle, Massachusetts
Source: Ownwell
$105,700
$984,600
$1,863,500
Average Carlisle Assessed Value
$1,030,100
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 Carlisle, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01741 | $726,540 | $838,950 | $1,030,100 | $1,307,825 | $1,649,080 |
Source: Ownwell
Property Tax Bills Across Carlisle, Massachusetts
Property tax bills in Carlisle, located in Middlesex County, MA, are calculated based on the assessed value of a property and the local tax rate. The town's property tax rate is above the national median of 0.99%, reflecting the region's higher property values. For instance, the median home price in Carlisle stands at $1,030,100. Homeowners in this area can expect their tax bills to vary, with the 25th percentile tax bill at $11,871 and the 75th percentile at $18,506. The 90th percentile tax bill can go up to $23,335, indicating a significant range depending on property value. Several factors influence the tax bill, including property size, location, and any improvements made. These elements are assessed annually to determine the home's market value, which directly affects the tax amount. Higher property taxes can impact homeowners by increasing their annual expenses, but they also fund essential local services such as schools, public safety, and infrastructure, contributing to the community's overall quality of life.
Average Carlisle Tax Bill
$14,576
Average Middlesex County Tax Bill
$7,427
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Carlisle, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01741 | $10,281 | $11,871 | $14,576 | $18,506 | $23,335 |
Source: Ownwell