Dracut, Middlesex County, Massachusetts Property Taxes

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

Median DRACUT, MA effective property tax rate: 1.16%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median DRACUT, MA home value: $400,300
Median annual DRACUT, MA tax bill: $4,635, $2,235 higher than the national median property tax bill of $2,400.

How are property taxes in Middlesex calculated?

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

Last Updated March 1, 2025

Dracut, Middlesex County, Massachusetts Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.16%

Estimate Property Tax Bill

$4,643

$4,309

Ownwell’s Dracut Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Dracut with just two data points. By entering your property's estimated assessed value, our calculator applies Dracut’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 Middlesex County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Dracut, Middlesex County, Massachusetts

Local government entities determine tax rates, which can vary significantly within a state. This is because each county annually estimates its budget requirements to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

Below, you can compare Dracut’s effective property tax rate to other cities in Massachusetts and the median property tax rates in Massachusetts and the U.S. Dracut, located in Middlesex County, has a median property tax rate of 1.16%. This rate is above the national median property tax rate of 1.02%. The property tax rate in Dracut is consistent across the board, as the highest and lowest median tax rates in the area also stand at 1.16%. This consistency provides homeowners with a predictable tax environment, which can be advantageous for long-term financial planning. Comparing these rates can offer valuable insights into how Dracut's property taxes might impact your financial decisions.

Property Tax Rates Across Dracut, Middlesex County, Massachusetts

Source: Ownwell

0.59%

1.24%

1.90%

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 Dracut Tax Rate

1.16%

Median Effective Middlesex County Tax Rate

1.22%

Median Effective Massachusetts Tax Rate

1.23%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Dracut, Middlesex County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
01826	1.16%	1.16%	1.16%	1.16%	1.16%

Source: Ownwell

Property Tax Assessment Values Across Dracut, Middlesex County, Massachusetts

When examining property taxes in Dracut, 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 Middlesex 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 Middlesex 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 Dracut.

For example, the median home price in Dracut is $400,300, with tax bills ranging significantly across the county. Zip code 01826 has the highest median home price at $400,300.

Property Tax Assessment Values Across Dracut, Middlesex County, Massachusetts

Source: Ownwell

$320,300

$928,425

$1,536,550

Median Dracut Market Value

$400,300

Median Middlesex County Market Value

$633,600

Median Massachusetts Market Value

$492,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Dracut, Middlesex County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
01826	$235,000	$324,400	$400,300	$503,850	$621,900

Source: Ownwell

Property Tax Bills Across Dracut, Middlesex County, Massachusetts

In Dracut, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. With a median home price of $400,300, the tax bill can vary significantly. For instance, homeowners in the 25th percentile see bills around $3,757, while those in the 75th percentile face $5,834. The 90th percentile experiences even higher bills, reaching $7,202. These figures are notably above the national median property tax bill of $2,400. Factors influencing these calculations include property location, size, and market trends. Homeowners in Dracut, part of Middlesex County, face a median tax bill of $4,635, which is consistent across the area. This can significantly impact household budgets, especially when compared to the national median property tax rate of 1.02%. Ownwell can assist homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging expert knowledge, Ownwell helps ensure that homeowners only pay their fair share, potentially reducing their tax burden and easing financial pressure.

Property Tax Bills Across Dracut, Middlesex County, Massachusetts

Source: Ownwell

$4,294

$11,232

$18,170

Median Dracut Tax Bill

$4,635

Median Middlesex County Tax Bill

$7,427

Median Massachusetts Tax Bill

$5,844

Median United States Tax Bill

$2,400

Property Tax Bills Across Dracut, Middlesex County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
01826	$2,721	$3,757	$4,635	$5,834	$7,202

Source: Ownwell