Duxbury, Massachusetts Property Taxes
The median property tax rate in Duxbury, MA is 1.07%, which is notably higher than the national median of 0.99% but lower than the Massachusetts state median of 1.23%. With a median home value of $822,250 in Duxbury, the typical annual property tax bill amounts to $8,790, significantly surpassing the national median of $2,690. Property taxes in Duxbury are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Duxbury's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Duxbury or another part of Plymouth County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Duxbury, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$8,798
$8,164
Ownwell’s Duxbury Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Duxbury with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Duxbury 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 Duxbury, Massachusetts
Property taxes in Duxbury, Massachusetts, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Duxbury is 1.07%, higher than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within Duxbury set these rates annually, and they can vary significantly across different neighborhoods. Each year, Duxbury 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 Duxbury's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the 02332 zip code has the highest median property tax rate of 1.07%, while the same zip code also has the lowest median tax rate of 1.07%. Understanding how these cities compare with Duxbury provides valuable insights into the varying tax landscape across Plymouth County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Duxbury Tax Rate
1.07%
Average Plymouth County Tax Rate
1.30%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Duxbury, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02332 | 1.07% | 1.07% | 1.07% | 1.07% | 1.07% |
Source: Ownwell
Property Tax Assessment Values Across Duxbury, Massachusetts
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Duxbury, Massachusetts. 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 Plymouth 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 Duxbury, 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. Duxbury's median home price is $822,250, with tax bills ranging from $6,970 at the 25th percentile to $19,307 at the 90th percentile. The zip code with the highest and lowest median tax bill is 02332, both with a value of $8,790. 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 Duxbury, Massachusetts
Source: Ownwell
$292,450
$663,075
$1,033,700
Average Duxbury Assessed Value
$822,250
Average Plymouth County Assessed Value
$476,400
Average Massachusetts Assessed Value
$492,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Duxbury, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02332 | $527,050 | $652,000 | $822,250 | $1,120,850 | $1,806,100 |
Source: Ownwell
Property Tax Bills Across Duxbury, Massachusetts
In Duxbury, located in Plymouth 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 local assessors who evaluate the market value of the property. This assessed value is then multiplied by the tax rate set by the local government to determine the annual tax bill. Several factors influence the assessed value, including the property's size, location, and condition. For homeowners in Duxbury, the median home price is $822,250, which significantly impacts the property tax bill. The tax bill varies widely, with the 25th percentile at $6,970 and the 75th percentile reaching $11,982. At the 90th percentile, homeowners might see tax bills as high as $19,307. Comparatively, Duxbury's property tax rate is considerably higher than the national median property tax rate of 0.99%. This higher tax rate reflects the town's desirable location and amenities, ultimately affecting homeowners by increasing their annual financial obligations.
Average Duxbury Tax Bill
$8,790
Average Plymouth County Tax Bill
$6,149
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Duxbury, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02332 | $5,634 | $6,970 | $8,790 | $11,982 | $19,307 |
Source: Ownwell