Rockland, Massachusetts Property Taxes
The median property tax rate in Rockland, MA is 1.52%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Rockland at $411,300, the typical annual property tax bill reaches $6,260, exceeding the national median of $2,690. Property taxes in Rockland 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 Rockland'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 Rockland 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
Rockland, Massachusetts Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$2,460
Ownwell’s Rockland Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, or potential buyers to estimate their annual property taxes in Rockland. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Rockland to provide an accurate estimate of your property tax bill. This valuable tool offers a clear understanding of your potential tax liabilities. For those interested in more specific trends at the neighborhood level, additional localized information is available below. Your property’s assessed value, determined by Plymouth County, is crucial for property tax calculations and accounts for any applicable exemptions.
Property Tax Rates Across Rockland, Massachusetts
Property taxes in Rockland, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rockland is 1.52%, significantly higher than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within Rockland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rockland 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 Rockland's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the highest median property tax rate in Rockland is also 1.52%, while the lowest median tax rate is 1.52%. Understanding how these figures compare with Rockland 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 Rockland Tax Rate
1.52%
Average Plymouth County Tax Rate
1.30%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rockland, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02370 | 1.52% | 1.52% | 1.52% | 1.52% | 1.52% |
Source: Ownwell
Property Tax Assessment Values Across Rockland, Massachusetts
In Rockland, 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. 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 Rockland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Rockland is $411,300, with tax bills ranging from $5,539 at the 25th percentile to $8,821 at the 90th percentile.
Property Tax Assessment Values Across Rockland, Massachusetts
Source: Ownwell
$292,450
$663,075
$1,033,700
Average Rockland Assessed Value
$411,300
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 Rockland, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02370 | $326,180 | $363,900 | $411,300 | $485,800 | $579,360 |
Source: Ownwell
Property Tax Bills Across Rockland, Massachusetts
In Rockland, Plymouth County, MA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor and reflects the market value of the property. Homeowners in Rockland can expect their property tax bills to vary significantly, with the 25th percentile tax bill being $5,539, the 75th percentile reaching $7,394, and the 90th percentile climbing up to $8,821. The median home price in Rockland is $411,300, which serves as a key factor in determining the tax bill. Compared to the national median property tax rate of 0.99%, Rockland's property tax rates can lead to higher annual bills. For instance, the highest median tax bill in the area is $6,260, found in the 02370 zip code. These property tax bills directly impact homeowners by influencing their annual housing costs, potentially affecting their financial planning and long-term investment in their property.
Average Rockland Tax Bill
$6,260
Average Plymouth County Tax Bill
$6,149
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Rockland, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02370 | $4,966 | $5,539 | $6,260 | $7,394 | $8,821 |
Source: Ownwell