Sharon, Norfolk County, Massachusetts Property Taxes

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

Median SHARON, MA effective property tax rate: 1.86%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median SHARON, MA home value: $623,600
Median annual SHARON, MA tax bill: $11,596, $9,196 higher than the national median property tax bill of $2,400.

How are property taxes in Norfolk calculated?

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

Last Updated March 1, 2025

Sharon, Norfolk County, Massachusetts Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.86%

Estimate Property Tax Bill

$11,599

$10,764

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

Property Tax Rates Across Sharon, Norfolk County, Massachusetts

Local government entities set tax rates, which can vary widely within a state. This variation occurs because, each year, counties estimate the budget needed to provide services and divide this by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In Sharon, located in Norfolk County, Massachusetts, the effective property tax rate is notable. When compared to other cities in Massachusetts, Sharon's rate is distinctively higher, standing at 1.86%. This rate is significantly above the national median property tax rate of 1.02%, showcasing the local government's commitment to funding essential services. With the national median property tax bill at $2,400, homeowners in Sharon may find their bills reflecting the town's higher rate. Understanding these rates can help property owners in Sharon anticipate their tax responsibilities and seek potential appeals or exemptions when necessary.

Property Tax Rates Across Sharon, Norfolk County, Massachusetts

Source: Ownwell

0.98%

1.42%

1.86%

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 Sharon Tax Rate

1.86%

Median Effective Norfolk County Tax Rate

1.18%

Median Effective Massachusetts Tax Rate

1.23%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sharon, Norfolk County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
02067	1.86%	1.86%	1.86%	1.86%	1.86%

Source: Ownwell

Property Tax Assessment Values Across Sharon, Norfolk County, Massachusetts

When examining property taxes in Sharon, 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 Norfolk 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 Norfolk 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 Sharon. For example, the median home price in Sharon is $623,600, with tax bills ranging significantly across the county. Zip code 02067 has the highest median home price at $623,600.

Property Tax Assessment Values Across Sharon, Norfolk County, Massachusetts

Source: Ownwell

$363,800

$896,900

$1,430,000

Median Sharon Market Value

$623,600

Median Norfolk County Market Value

$592,100

Median Massachusetts Market Value

$492,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sharon, Norfolk County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
02067	$452,010	$522,000	$623,600	$782,500	$922,730

Source: Ownwell

Property Tax Bills Across Sharon, Norfolk County, Massachusetts

In Sharon, located in Norfolk County, MA, property tax bills are determined by the assessed value of a home multiplied by the local tax rate. With a median home price of $623,600, homeowners in Sharon face a median property tax bill significantly higher than the national median of $2,400. The tax bill can range widely, from the 25th percentile at $9,704 to the 90th percentile at $17,143. This variation is due to factors such as property size, location, and market conditions, which can influence the assessed value. Homeowners in Sharon, particularly those in the 02067 zip code, experience one of the highest median tax bills at $11,596. This financial burden can be challenging, but Ownwell can assist homeowners in reducing their property tax bills. By providing expert property tax appeal services, Ownwell helps ensure that homeowners are not overpaying. Their experienced team analyzes property assessments, identifies discrepancies, and files appeals, potentially saving homeowners thousands of dollars annually.

Property Tax Bills Across Sharon, Norfolk County, Massachusetts

Source: Ownwell

$4,693

$10,534

$16,374

Median Sharon Tax Bill

$11,596

Median Norfolk County Tax Bill

$7,156

Median Massachusetts Tax Bill

$5,844

Median United States Tax Bill

$2,400

Property Tax Bills Across Sharon, Norfolk County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
02067	$8,405	$9,704	$11,596	$14,550	$17,143

Source: Ownwell