Uxbridge, Massachusetts Property Taxes
The median property tax rate in Uxbridge, MA is 1.40%, considerably higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With the median home value in Uxbridge at $367,900, the typical annual property tax bill reaches $5,132, exceeding the national median of $2,690. Property taxes in Uxbridge 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 Uxbridge'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 Uxbridge 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
Uxbridge, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.4%
Estimate Property Tax Bill
$5,151
Ownwell’s Uxbridge Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Uxbridge with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Uxbridge 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 Uxbridge, Massachusetts
Property taxes in Uxbridge, Massachusetts, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Uxbridge is 1.40%, significantly higher than the U.S. national median of 0.99%. Local government entities within Uxbridge set these rates annually, and they can vary across different neighborhoods. Each year, Uxbridge 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 Uxbridge's effective property tax rate to other areas in Worcester County and the national median. For comparison, the 01569 zip code has the highest median property tax rate of 1.40%, while the same zip code also has the lowest median tax rate of 1.40%. Understanding how these areas compare with Uxbridge provides valuable insights into the varying tax landscape across Worcester County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Uxbridge Tax Rate
1.40%
Average Worcester County Tax Rate
1.43%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across Uxbridge, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
01569 | 1.39% | 1.39% | 1.40% | 1.40% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Uxbridge, Massachusetts
In Uxbridge, 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 Assessor 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 Uxbridge, 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 Uxbridge helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code with both the highest and lowest median tax bill in Uxbridge is 01569, with a median tax bill of $5,132.
Property Tax Assessment Values Across Uxbridge, Massachusetts
Source: Ownwell
$117,500
$415,400
$713,300
Average Uxbridge Assessed Value
$367,900
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 Uxbridge, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
01569 | $251,840 | $299,700 | $367,900 | $468,100 | $551,290 |
Source: Ownwell
Property Tax Bills Across Uxbridge, Massachusetts
In Uxbridge, 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 market value of the property. This value is then multiplied by the tax rate to determine the annual tax bill. For example, with a median home price of $367,900, homeowners can expect varying tax bills depending on their property's assessed value. Several factors influence the tax bill, including property size, location, and any improvements made. Homeowners in the 25th percentile pay around $4,181, while those in the 75th percentile see bills around $6,530. The 90th percentile homeowners face even higher taxes, approximately $7,690 annually. Compared to the national median property tax rate of 0.99%, Uxbridge's tax rates can significantly impact homeowners' finances, making it crucial for residents to understand how their property is assessed and what exemptions or appeals might be available to them.
Average Uxbridge Tax Bill
$5,132
Average Worcester County Tax Bill
$5,153
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across Uxbridge, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
01569 | $3,513 | $4,181 | $5,132 | $6,530 | $7,690 |
Source: Ownwell