Search results
Results from the WOW.Com Content Network
The property tax rates are determined by each individual town and every year, towns in Massachusetts publish a new property tax rate. Some towns have higher property tax rates while other towns have lower property tax rates. The average property tax rate in Massachusetts is 14.34.
Total assessed property values by property class as reported to DLS by city and town boards of assessors.
The state’s room occupancy excise tax rate is 5.7%. Note that while the statute provides for a 5% rate, an uncodified surtax adds .7% to that rate. Room occupancy: Local Option: In addition to the state excise, Massachusetts cities and towns are permitted to charge a local room occupancy excise tax up to 6% (6.5% for Boston). Room occupancy
Map of 2024 Massachusetts Property Tax Rates - Compare lowest and highest MA property taxes for free.
Tax rates are set locally by cities and towns in Massachusetts, with total rates generally ranging from 1% to 2% (10 to 20 mills) with a few outliers at 0.33%. Incorporating all areas, the state's average effective tax rate is 1.12%. This is above the national average, which is 0.99%.
Here you will find helpful resources to property and various excise taxes administered by the Massachusetts Department of Revenue (DOR) and/or your city/town.
Explore the latest tax rates by class in Massachusetts, including property tax information and classification details.
Property Tax Rates for Massachusetts Towns. Courtesy of The Massachusetts Department of Revenue. Rates are dollars per $1,000 of the property's value. Table is searchable, sortable, and can be scrolled to view all locations
Massachusetts has one of the highest average property tax rates in the country, with only five states levying higher property taxes. Massachusetts's median income is $83,915 per year, so the median yearly property tax paid by Massachusetts residents amounts to approximately % of their yearly income.
The average effective property tax rate in Massachusetts is 1.12%, above the national average. Property taxes are calculated based on the assessed market value of the property and local tax rates. Exemptions and abatements are available to eligible homeowners to reduce tax burdens.