Newton, Suffolk County, Massachusetts Property Taxes
Median Newton, MA effective property tax rate: 1.07%, slightly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Newton, MA home value: $629,500
Median annual Newton, MA tax bill: $6,761, $4,361 higher than the national median property tax bill of $2,400.
How are property taxes in Suffolk calculated?
Property taxes in Newton, 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 Newton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Newton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Newton, Suffolk County, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.07%
Estimate Property Tax Bill
$6,736
$6,250
Ownwell’s Newton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Newton with just two data points. By entering your property's estimated assessed value, our calculator applies Newton’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 Suffolk County. For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Newton, Suffolk County, Massachusetts
Local government entities set property tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide essential services and then divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the core annual process.
Newton's effective property tax rate can be compared to other cities in Massachusetts, as well as to the median property tax rates in the state and across the U.S. Massachusetts has a median property tax rate of 1.07%, slightly above the national median of 1.02%. This difference can affect property owners' annual tax bills, impacting decisions on property investments and homeownership. While the national median property tax bill is $2,400, local variations in Massachusetts can lead to higher or lower amounts depending on the specific area. Understanding these differences is crucial for property owners looking to manage their tax liabilities effectively.
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 Newton Tax Rate
1.07%
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 Suffolk County Tax Rate
1.07%
Median Effective Massachusetts Tax Rate
1.23%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Newton, Suffolk County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02458 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Newton, Suffolk County, Massachusetts
When examining property taxes in Newton, 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 Suffolk 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.
Assessment notices: In Suffolk 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 Newton. For example, the median home price in Newton is $629,500, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Newton, Suffolk County, Massachusetts
Source: Ownwell
$408,200
$1,852,150
$3,296,100
Median Newton Market Value
$629,500
Median Suffolk County Market Value
$641,300
Median Massachusetts Market Value
$492,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Newton, Suffolk County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02458 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Newton, Suffolk County, Massachusetts
In Newton, MA, property tax bills are determined based on the assessed value of a home, which reflects its market value. The local tax rate is then applied to this assessed value to calculate the annual tax bill. Newton's property tax rate is higher than the national median rate of 1.02%, resulting in a median tax bill of $6,761, which is significantly above the national median of $2,400. This can be a substantial financial burden for homeowners, especially given the median home price of $629,500 in the area. Factors influencing the assessed value include the property's size, location, and condition. Homeowners may find their tax bills rising if property values in the area increase.
Ownwell assists homeowners by providing professional property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell can help reduce over-assessed values, potentially lowering tax bills. This service can lead to significant savings, ensuring that homeowners only pay their fair share in property taxes.
Median Newton Tax Bill
$6,761
Median Suffolk County Tax Bill
$6,836
Median Massachusetts Tax Bill
$5,844
Median United States Tax Bill
$2,400
Property Tax Bills Across Newton, Suffolk County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02458 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell