West Bridgewater, Massachusetts Property Taxes
The median property tax rate in West Bridgewater, MA is 1.54%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in West Bridgewater at $393,000, the typical annual property tax bill reaches $6,039, far exceeding the national median of $2,690. Property taxes in West Bridgewater 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 West 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 West Bridgewater or another part of Plymouth County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
West Bridgewater, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.54%
Estimate Property Tax Bill
$6,052
Ownwell’s West Bridgewater Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in West Bridgewater with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West 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 West Bridgewater, Massachusetts
Property taxes in West Bridgewater, Massachusetts, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Bridgewater is 1.54%, significantly higher than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within West Bridgewater set these rates annually, and they can vary significantly across different neighborhoods. Each year, West 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. The data below compares West Bridgewater's effective property tax rate to other counties in Massachusetts and the national median. For comparison, the 02379 zip code has the highest median property tax rate of 1.54%, while the same 02379 zip code also has the lowest median tax rate of 1.54%. Understanding how these cities compare with West Bridgewater 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 West Bridgewater Tax Rate
1.54%
Average Plymouth County Tax Rate
1.30%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Bridgewater, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02379 | 1.54% | 1.54% | 1.54% | 1.54% | 1.54% |
Source: Ownwell
Property Tax Assessment Values Across West Bridgewater, Massachusetts
In West 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 local authorities 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 West 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 West Bridgewater helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the median property tax bill in the 02379 zip code stands at $6,039, reflecting the area's property tax landscape.
Property Tax Assessment Values Across West Bridgewater, Massachusetts
Source: Ownwell
$292,450
$663,075
$1,033,700
Average West Bridgewater Assessed Value
$393,000
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 West Bridgewater, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02379 | $303,720 | $338,300 | $393,000 | $480,700 | $599,700 |
Source: Ownwell
Property Tax Bills Across West Bridgewater, Massachusetts
In West Bridgewater, 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 town's assessor and reflects the market value of the property. This value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in West Bridgewater can expect a median tax bill of approximately $6,039, which is significantly higher than the national median property tax rate of 0.99%. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. For instance, homes at the 25th percentile in tax bills pay around $5,198, while those at the 75th percentile pay about $7,368. At the higher end, the 90th percentile tax bill reaches $9,186. These property taxes fund essential public services like schools, infrastructure, and emergency services, making them a crucial aspect of homeownership in West Bridgewater.
Average West Bridgewater Tax Bill
$6,039
Average Plymouth County Tax Bill
$6,149
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across West Bridgewater, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02379 | $4,668 | $5,198 | $6,039 | $7,368 | $9,186 |
Source: Ownwell