Property Taxes in Massachusetts
Massachusetts's effective property tax rate is 0.97%, ranking #33 out of 50 states (1 = lowest). The median annual property tax paid is $5,361.
Massachusetts property tax rates vary dramatically between municipalities, with some communities charging under $10 per $1,000 of assessed value while others exceed $20 per $1,000. The state mandates that all property be assessed at full market value, and communities must complete revaluations regularly. A residential exemption in Boston reduces assessed value by a fixed amount for primary residents, providing meaningful tax savings. Massachusetts also offers a senior circuit breaker tax credit through the state income tax return.
By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Tax Foundation, U.S. Census
Tax Rate
0.97%
Median Annual Tax
$5,361
National Rank
#33 of 50
1 = lowest
Homestead Exemption
Yes
Annual Property Tax by Home Price
| Home Price | Annual Tax | Monthly |
|---|---|---|
| $200,000 | $1,940 | $162 |
| $300,000 | $2,910 | $243 |
| $400,000 | $3,880 | $323 |
| $500,000 | $4,850 | $404 |
| $750,000 | $7,275 | $606 |
* Based on the average effective rate of 0.97%. Actual rates vary by county and municipality.
Homestead Exemption in Massachusetts
Up to $500,000
File for the homestead exemption after purchasing your primary residence in Massachusetts to reduce your assessed property value, lowering your annual tax bill. Contact your county assessor's office for the application.
How Massachusetts Compares
...
