Avon, Massachusetts Property Taxes
The median property tax rate in Avon, MA is 1.40%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Avon, the typical annual property tax bill reaches $5,940, exceeding the national median of $2,690. Property taxes in Avon 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 Avon'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 Avon 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
Avon, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$5,927
Ownwell’s Avon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Avon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Avon 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 Avon, Massachusetts
Property taxes in Avon, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Avon is 1.40%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Avon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Avon 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 Avon's effective property tax rate to other regions in Norfolk County and the national median. For comparison, the zip code 02322 has the highest median property tax rate of 1.40%, while the same zip code also has the lowest median tax rate of 1.40%. Understanding how these values compare with Avon provides valuable insights into the varying tax landscape across Norfolk County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Avon Tax Rate
1.40%
Average Norfolk County Tax Rate
1.18%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Avon, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02322 | 1.40% | 1.40% | 1.40% | 1.40% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Avon, Massachusetts
In Avon, 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 Norfolk 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 Avon, 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 Avon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Avon is $423,350. The zip code 02322 has both the highest and lowest median tax bill, which is $5,940. The 25th percentile tax bill is $5,264, while the 75th percentile tax bill is $6,881, and the 90th percentile tax bill is $8,480.
Property Tax Assessment Values Across Avon, Massachusetts
Source: Ownwell
$363,800
$1,318,700
$2,273,600
Average Avon Assessed Value
$423,350
Average Norfolk County Assessed Value
$592,100
Average Massachusetts Assessed Value
$492,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Avon, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02322 | $327,890 | $375,225 | $423,350 | $490,425 | $604,430 |
Source: Ownwell
Property Tax Bills Across Avon, Massachusetts
In Avon, property tax bills are calculated based on the assessed value of a home and the local tax rate set by Norfolk County. The assessed value is determined by the county assessor and reflects the market value of the property. Homeowners in Avon face a median home price of $423,350, which plays a significant role in their tax bills. Several factors influence the final tax bill, including the property's location, size, and condition. For example, properties in the 25th percentile have tax bills around $5,264, while those in the 75th percentile face bills closer to $6,881. At the 90th percentile, tax bills can be as high as $8,480. These property taxes directly impact homeowners by contributing to local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Avon residents may find their tax obligations substantial, reflecting the higher property values and the quality of local amenities.
Average Avon Tax Bill
$5,940
Average Norfolk County Tax Bill
$7,156
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Avon, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02322 | $4,600 | $5,264 | $5,940 | $6,881 | $8,480 |
Source: Ownwell