Marlborough, Massachusetts Property Taxes
The median property tax rate in Marlborough, MA is 1.02%, slightly higher than the national median of 0.99% but lower than the Massachusetts state median of 1.23%. With the median home value in Marlborough at $476,100, the typical annual property tax bill reaches $4,875, significantly exceeding the national median of $2,690. Property taxes in Marlborough are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence exemption. Understanding Marlborough'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 Marlborough 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
Marlborough, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.02%
Estimate Property Tax Bill
$4,856
$4,506
Ownwell’s Marlborough Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Marlborough with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Marlborough 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 Marlborough, Massachusetts
Property taxes in Marlborough, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Marlborough is 1.02%, slightly higher than the U.S. national median of 0.99%. Local government entities within Marlborough set these rates annually, and they can vary significantly across different neighborhoods. Each year, Marlborough 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 Marlborough's effective property tax rate to other areas in Middlesex County and the national median. For comparison, the 01752 ZIP code has the highest median property tax rate of 1.02%, while the same ZIP code also has the lowest median tax rate of 1.02%. Understanding how these cities compare with Marlborough 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 Marlborough Tax Rate
1.02%
Average Middlesex County Tax Rate
1.22%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Marlborough, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01752 | 1.02% | 1.02% | 1.02% | 1.02% | 1.02% |
Source: Ownwell
Property Tax Assessment Values Across Marlborough, Massachusetts
In Marlborough, 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 Marlborough, 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 Marlborough helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills both amount to $4875, specifically in the 01752 zip code.
Property Tax Assessment Values Across Marlborough, Massachusetts
Source: Ownwell
$105,700
$984,600
$1,863,500
Average Marlborough Assessed Value
$476,100
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 Marlborough, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01752 | $245,000 | $398,100 | $476,100 | $594,600 | $746,260 |
Source: Ownwell
Property Tax Bills Across Marlborough, Massachusetts
In Marlborough, located in Middlesex County, MA, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the city's assessor, who evaluates the market value of the property. This assessed value is then multiplied by the local property tax rate to calculate the annual tax bill. For instance, with a median home price of $476,100, the property tax bills in Marlborough can vary significantly. Factors such as property size, location, and market conditions are considered in the assessment process. Homeowners in Marlborough can expect tax bills ranging from the 25th percentile at $4,077 to the 75th percentile at $6,084, with the 90th percentile reaching up to $7,640. These tax bills can impact homeowners by influencing their overall housing costs and financial planning. Compared to the national median property tax rate of 0.99%, Marlborough's property taxes can be quite substantial, reflecting the region's property values and local tax policies.
Average Marlborough Tax Bill
$4,875
Average Middlesex County Tax Bill
$7,427
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Marlborough, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01752 | $2,509 | $4,077 | $4,875 | $6,084 | $7,640 |
Source: Ownwell