West Brookfield, Massachusetts Property Taxes
The median property tax rate in West Brookfield, MA is 1.20%, which is higher than both the national median of 0.99% and the Massachusetts state median of 1.23%. With a median home value of $304,550 in West Brookfield, the typical annual property tax bill amounts to $3,800, surpassing the national median of $2,690. Property taxes in West Brookfield are calculated based on the assessed value, which is often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding the property tax system in West Brookfield, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of West Brookfield or another part of Worcester County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
West Brookfield, Massachusetts Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$2,460
Ownwell’s West Brookfield Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in West Brookfield with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West Brookfield 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 West Brookfield, Massachusetts
Property taxes in West Brookfield, Massachusetts, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Brookfield is 1.20%, significantly higher than the U.S. national median of 0.99%. Local government entities within West Brookfield set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Brookfield 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 Brookfield's effective property tax rate to other regions and the national median. For comparison, the zip code 01585 has the highest median property tax rate of 1.20%, while the same zip code also has the lowest median tax rate of 1.20%. Understanding how these cities compare with West Brookfield 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 West Brookfield Tax Rate
1.20%
Average Worcester County Tax Rate
1.43%
Average Massachusetts Tax Rate
1.23%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Brookfield, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01585 | 1.20% | 1.20% | 1.20% | 1.20% | 1.58% |
Source: Ownwell
Property Tax Assessment Values Across West Brookfield, Massachusetts
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in West Brookfield, MA. 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. 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. West Brookfield's median home price is $304,550, with property tax bills ranging from $3,020 at the 25th percentile to $5,954 at the 90th percentile. The zip code 01585 has both the highest and lowest median tax bills at $3,800. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across West Brookfield, Massachusetts
Source: Ownwell
$117,500
$415,400
$713,300
Average West Brookfield Assessed Value
$304,550
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 West Brookfield, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01585 | $205,140 | $245,400 | $304,550 | $391,775 | $486,570 |
Source: Ownwell
Property Tax Bills Across West Brookfield, Massachusetts
In West Brookfield, property tax bills are determined by assessing the market value of a property and applying the local tax rate to this value. The tax rate in Worcester County, where West Brookfield is located, helps calculate the final tax bill that homeowners are required to pay. Several factors influence the assessed value, including property size, location, and condition, as well as recent sales of comparable properties in the area. The median home price in West Brookfield is $304,550, and the property tax bills can vary significantly. For instance, homeowners in the 25th percentile pay around $3,020, while those in the 75th percentile see bills closer to $4,900. At the 90th percentile, tax bills can reach up to $5,954. The highest and lowest median tax bills in the area are both $3,800, corresponding to the zip code 01585. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding how West Brookfield's tax rates impact homeowners. These property taxes fund essential community services such as schools, public safety, and infrastructure, directly affecting the quality of life for residents.
Average West Brookfield Tax Bill
$3,800
Average Worcester County Tax Bill
$5,153
Average Massachusetts Tax Bill
$5,844
Average United States Tax Bill
$2,690
Property Tax Bills Across West Brookfield, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01585 | $2,493 | $3,020 | $3,800 | $4,900 | $5,954 |
Source: Ownwell