Rochdale, Massachusetts Property Taxes
The median property tax rate in Rochdale, MA is 1.29%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Rochdale at $321,300, the typical annual property tax bill reaches $4,141, exceeding the national median of $2,690. Property taxes in Rochdale 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 Rochdale'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 Rochdale 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
Rochdale, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.29%
Estimate Property Tax Bill
$4,145
$3,846
Ownwell’s Rochdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rochdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rochdale 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 Worcester County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Rochdale, Massachusetts
Property taxes in Rochdale, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rochdale is 1.29%, significantly higher than both the Massachusetts state median and the U.S. national median of 0.99%. Local government entities within Rochdale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rochdale 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 Rochdale's effective property tax rate in comparison to other regions in Worcester County and the national median provides valuable insights into the varying tax landscape. This helps homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rochdale Tax Rate
1.29%
Average Worcester County Tax Rate
1.43%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rochdale, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01542 | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% |
Source: Ownwell
Property Tax Assessment Values Across Rochdale, Massachusetts
In Rochdale, 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 Worcester 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 Rochdale, 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 Rochdale 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 $4,141 in zip code 01542.
Property Tax Assessment Values Across Rochdale, Massachusetts
Source: Ownwell
$117,500
$415,400
$713,300
Average Rochdale Assessed Value
$321,300
Average Worcester County Assessed Value
$360,000
Average Massachusetts Assessed Value
$492,600
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rochdale, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01542 | $242,920 | $276,850 | $321,300 | $381,400 | $434,780 |
Source: Ownwell
Property Tax Bills Across Rochdale, Massachusetts
In Rochdale, located in Worcester 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’s office and reflects the property's market value. Once the property is assessed, the local tax rate is applied to this value to calculate the annual tax bill. For example, with a median home price of $321,300, homeowners in Rochdale can expect their tax bills to vary significantly, with the 25th percentile at $3,576 and the 75th percentile at $4,910. The highest median tax bill in the area reaches $5,640. These figures are considerably higher than the national median property tax rate of 0.99%, indicating a relatively high tax burden for homeowners in this region. Various factors, such as property improvements and neighborhood developments, can influence the assessed value, thereby affecting the overall tax bill. Homeowners must budget accordingly to accommodate these expenses.
Average Rochdale Tax Bill
$4,141
Average Worcester County Tax Bill
$5,153
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Rochdale, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01542 | $3,147 | $3,576 | $4,141 | $4,910 | $5,640 |
Source: Ownwell