Shrewsbury, Worcester County, Massachusetts Property Taxes

Name: Property Tax Bills Across Shrewsbury, Worcester County, Massachusetts
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median SHREWSBURY, MA effective property tax rate: 1.31%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median SHREWSBURY, MA home value: $509,700
Median annual SHREWSBURY, MA tax bill: $6,689, $4,289 higher than the national median property tax bill of $2,400.

How are property taxes in Worcester County calculated?

Property taxes in SHREWSBURY, 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 SHREWSBURY’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in SHREWSBURY, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Shrewsbury, Worcester County, Massachusetts Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.31%

Estimate Property Tax Bill

$6,677

$6,196

Ownwell’s Shrewsbury Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Shrewsbury with just two data points. By entering your property's estimated assessed value, our calculator applies Shrewsbury’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 Worcester County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Shrewsbury, Worcester County, Massachusetts

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. In Shrewsbury, located in Worcester County, Massachusetts, the effective property tax rate stands at 1.31%. This is notably higher than the national median property tax rate of 1.02%. When compared to the national median property tax bill of $2,400, the figures in Shrewsbury reflect a more significant financial commitment for homeowners. This higher rate can impact the overall cost of living, making it essential for property owners to explore potential savings through appeals and exemptions. Understanding these dynamics helps property owners make informed decisions about their investments and manage their financial obligations more effectively.

Property Tax Rates Across Shrewsbury, Worcester County, Massachusetts

Source: Ownwell

0.98%

1.39%

1.81%

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 Shrewsbury Tax Rate

1.31%

Median Effective Worcester County Tax Rate

1.43%

Median Effective Massachusetts Tax Rate

1.23%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Shrewsbury, Worcester County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
01545	1.31%	1.31%	1.31%	1.31%	1.31%

Source: Ownwell

Property Tax Assessment Values Across Shrewsbury, Worcester County, Massachusetts

When examining property taxes in Shrewsbury, 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 Worcester 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.

In Worcester County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Shrewsbury. For example, the median home price in Shrewsbury is $509,700, with tax bills ranging significantly across the county. Zip code 01545 has the highest median home price at $509,700.

Property Tax Assessment Values Across Shrewsbury, Worcester County, Massachusetts

Source: Ownwell

$117,500

$415,400

$713,300

Median Shrewsbury Market Value

$509,700

Median Worcester County Market Value

$360,000

Median Massachusetts Market Value

$492,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Shrewsbury, Worcester County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
01545	$320,260	$394,300	$509,700	$684,800	$855,100

Source: Ownwell

Property Tax Bills Across Shrewsbury, Worcester County, Massachusetts

In Shrewsbury, located in Worcester County, MA, property tax bills are determined by the assessed value of a home and the local tax rate. The median home price in this area is $509,700, with the tax rate being a significant factor in calculating the tax bill. Homeowners can expect median tax bills around $6,689, which is considerably higher than the national median property tax bill of $2,400. The tax bills vary significantly, with the 25th percentile at $5,173 and the 90th percentile reaching $11,219, reflecting the diverse property values and assessments in the area.

High property taxes can be a burden for homeowners, but Ownwell offers a solution by providing expert property tax appeal and exemption services. By analyzing property assessments and market conditions, Ownwell helps homeowners identify potential savings and reduce their tax liabilities. Through a streamlined appeal process, homeowners can potentially lower their tax bills, ensuring they pay only their fair share.

Property Tax Bills Across Shrewsbury, Worcester County, Massachusetts

Source: Ownwell

$1,685

$6,716

$11,747

Median Shrewsbury Tax Bill

$6,689

Median Worcester County Tax Bill

$5,153

Median Massachusetts Tax Bill

$5,844

Median United States Tax Bill

$2,400

Property Tax Bills Across Shrewsbury, Worcester County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
01545	$4,202	$5,173	$6,689	$8,985	$11,219

Source: Ownwell