East Bridgewater, Plymouth County, Massachusetts Property Taxes
The median property tax rate in East Bridgewater, MA is 1.45%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in East Bridgewater at $436,000, the typical annual property tax bill reaches $6,325, significantly exceeding the national median of $2,690. Property taxes in East Bridgewater are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding East Bridgewater'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 East Bridgewater 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
East Bridgewater, Plymouth County, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.45%
Estimate Property Tax Bill
$6,322
$5,867
Ownwell’s EAST BRIDGEWATER Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in EAST BRIDGEWATER with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in EAST BRIDGEWATER 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 East Bridgewater, Plymouth County, Massachusetts
Property taxes in East Bridgewater, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in East Bridgewater is 1.45%, significantly higher than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within East Bridgewater set these rates annually, and they can vary significantly across different neighborhoods. Each year, East Bridgewater 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. Understanding how these rates compare with other areas 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.
Property Tax Rates Across East Bridgewater, Plymouth County, Massachusetts
Source: Ownwell
0.94%
1.24%
1.54%
Average East Bridgewater Tax Rate
1.45%
Average Plymouth County Tax Rate
1.30%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Bridgewater, Plymouth County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02333 | 1.44% | 1.44% | 1.45% | 1.45% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across East Bridgewater, Plymouth County, Massachusetts
In East Bridgewater, 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 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 East Bridgewater, 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 East Bridgewater helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $6,325, found in the 02333 zip code.
Property Tax Assessment Values Across East Bridgewater, Plymouth County, Massachusetts
Source: Ownwell
$308,000
$616,800
$925,600
Average East Bridgewater Assessed Value
$436,000
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 East Bridgewater, Plymouth County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02333 | $291,800 | $362,950 | $436,000 | $526,200 | $623,700 |
Source: Ownwell
Property Tax Bills Across East Bridgewater, Plymouth County, Massachusetts
In East Bridgewater, MA, property tax bills are calculated based on the assessed value of a home and the local tax rate. Homeowners in Plymouth County see their property taxes determined by multiplying the assessed home value by the tax rate set by local authorities. For example, with a median home price of $436,000, the tax bill can vary significantly. The 25th percentile tax bill is around $5,281, while the 75th percentile tax bill is approximately $7,620. At the higher end, the 90th percentile tax bill reaches up to $9,040. These figures are notably higher than the national median property tax rate of 0.99%, reflecting the specific economic and policy environment of the region. Homeowners in East Bridgewater should be aware that their property taxes can significantly impact their annual expenses, making it crucial to understand how these taxes are calculated and what factors influence them.
Property Tax Bills Across East Bridgewater, Plymouth County, Massachusetts
Source: Ownwell
$3,785
$7,109
$10,432
Average East Bridgewater Tax Bill
$6,325
Average Plymouth County Tax Bill
$6,149
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across East Bridgewater, Plymouth County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02333 | $4,284 | $5,281 | $6,325 | $7,620 | $9,040 |
Source: Ownwell