Hudson, Massachusetts Property Taxes
The median property tax rate in Hudson, MA is 1.46%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Hudson at $447,000, the typical annual property tax bill reaches $6,526, far exceeding the national median of $2,690. Property taxes in Hudson 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 Hudson'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 Hudson 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
Hudson, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.46%
Estimate Property Tax Bill
$6,526
$6,056
Ownwell’s Hudson Property Tax Bill Calculator is an essential tool for any homeowner, real estate investor, or potential buyer looking to estimate their annual property taxes in Hudson. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Hudson to provide an accurate estimate of your property tax bill. This user-friendly tool gives you a clear understanding of your potential tax liabilities. For those interested in more detailed information, you can explore trends on a neighborhood level by scrolling down. Your property’s assessed value is determined by Middlesex County for tax purposes, taking into account any applicable exemptions.
Property Tax Rates Across Hudson, Massachusetts
Property taxes in Hudson, Massachusetts, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Hudson is 1.46%, significantly higher than the U.S. national median of 0.99%. Local government entities within Hudson set these rates annually, and they can vary across different neighborhoods. Each year, Hudson 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 Hudson's effective property tax rate to other areas in Middlesex County and the national median. For comparison, the zip code 01749 has the highest median property tax rate of 1.46%, while the same zip code also has the lowest median tax rate of 1.46%. Understanding how these cities compare with Hudson 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 Hudson Tax Rate
1.46%
Average Middlesex County Tax Rate
1.22%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hudson, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01749 | 1.46% | 1.46% | 1.46% | 1.46% | 1.46% |
Source: Ownwell
Property Tax Assessment Values Across Hudson, Massachusetts
In Hudson, 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 Hudson, 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. For instance, the median home price in Hudson is $447,000, with tax bills ranging from $5,752 at the 25th percentile to $9,625 at the 90th percentile. The zip code with the highest and lowest median tax bill is 01749, both at $6,526. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Hudson, Massachusetts
Source: Ownwell
$105,700
$984,600
$1,863,500
Average Hudson Assessed Value
$447,000
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 Hudson, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01749 | $264,800 | $394,000 | $447,000 | $539,700 | $659,300 |
Source: Ownwell
Property Tax Bills Across Hudson, Massachusetts
In Hudson, MA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the Middlesex County assessor's office, which considers factors such as the property's size, age, location, and condition. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual property tax bill. For instance, with a median home price of $447,000, homeowners in Hudson can expect varying tax bills. The 25th percentile tax bill is around $5,752, while the 75th percentile reaches $7,880, and at the 90th percentile, it climbs to $9,625. These figures indicate that property taxes in Hudson can significantly impact homeowners, especially when compared to the national median property tax rate of 0.99%. Higher property tax bills can affect homeowners' budgets and the overall affordability of living in Hudson. Understanding these factors allows homeowners to better anticipate their annual property tax obligations and plan accordingly.
Average Hudson Tax Bill
$6,526
Average Middlesex County Tax Bill
$7,427
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Hudson, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01749 | $3,865 | $5,752 | $6,526 | $7,880 | $9,625 |
Source: Ownwell