Medford, Middlesex County, Massachusetts Property Taxes

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

Median Medford, MA effective property tax rate: 0.87%, significantly lower than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%. Median Medford, MA home value: $707,900. Median annual Medford, MA tax bill: $6,124, $3,724 higher than the national median property tax bill of $2,400.

How are property taxes in Middlesex calculated?

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

Last Updated March 1, 2025

Medford, Middlesex County, Massachusetts Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.87%

Estimate Property Tax Bill

$6,159

$5,715

Ownwell’s Medford Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Medford with just two data points. By entering your property's estimated assessed value, our calculator applies Medford’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 Medford, Middlesex County, Massachusetts

Local government entities determine property tax rates, which can significantly differ across regions. Annually, each county calculates its necessary budget for public services and divides it by the total assessed value of all taxable property within the area, resulting in the property tax rate. Though the process involves various votes and regulations, this is the essence of how tax rates are set each year.

In Medford, located in Middlesex County, the effective property tax rate is 0.87%, which is below the national median of 1.02%. This means property owners in Medford could potentially pay a lower tax bill compared to the national average. Interestingly, Medford's rate is consistent with both the highest and lowest rates within its own ZIP code, 02155, reflecting a uniformity not often seen. When comparing Medford's property tax rate to the median rates across Massachusetts and the U.S., it's clear that residents benefit from a relatively favorable tax environment. This consistency and lower-than-average rate can be advantageous for property owners, making Medford an attractive locale for those looking to optimize their property tax liabilities.

Property Tax Rates Across Medford, 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 Medford Tax Rate

0.87%

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 Medford, Middlesex County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
02155	0.86%	0.86%	0.87%	0.87%	0.87%

Source: Ownwell

Property Tax Assessment Values Across Medford, Middlesex County, Massachusetts

When examining property taxes in Medford, Massachusetts, 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 April. 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 Medford. For example, the median home price in Medford is $707,900, with tax bills ranging significantly across the county. Zip code 02155 has the highest median home price at $707,900.

Property Tax Assessment Values Across Medford, Middlesex County, Massachusetts

Source: Ownwell

$320,300

$928,425

$1,536,550

Median Medford Market Value

$707,900

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 Medford, Middlesex County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
02155	$472,120	$565,200	$707,900	$846,300	$978,600

Source: Ownwell

Property Tax Bills Across Medford, Middlesex County, Massachusetts

In Medford, Middlesex County, MA, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as location, property size, and market conditions influence the assessed value. With a median home price of $707,900, Medford homeowners face property tax bills that can significantly impact their finances. The 25th percentile tax bill is $4,890, while the 75th percentile reaches $7,322, and the 90th percentile is as high as $8,474. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Medford's property taxes are considerably higher. Ownwell assists homeowners in reducing their property tax bills by providing expert appeal services. By analyzing property assessments and market data, Ownwell identifies potential savings and guides homeowners through the appeal process, ensuring they pay only their fair share.

Property Tax Bills Across Medford, Middlesex County, Massachusetts

Source: Ownwell

$4,294

$11,232

$18,170

Median Medford Tax Bill

$6,124

Median Middlesex County Tax Bill

$7,427

Median Massachusetts Tax Bill

$5,844

Median United States Tax Bill

$2,400

Property Tax Bills Across Medford, Middlesex County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
02155	$4,084	$4,890	$6,124	$7,322	$8,474

Source: Ownwell