Egremont, Berkshire County, Massachusetts Property Taxes
Median Egremont, MA effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Egremont, MA home value: $431,300
Median annual Egremont, MA tax bill: $3,019, $619 higher than the national median property tax bill of $2,400.
How are property taxes in Berkshire calculated?
Property taxes in Egremont, 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 Egremont’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Egremont, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Egremont, Berkshire County, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.7%
Estimate Property Tax Bill
$3,019
$2,802
Property Tax Rates Across Egremont, Berkshire County, Massachusetts
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 Egremont Tax Rate
0.70%
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 Berkshire County Tax Rate
1.62%
Median Effective Massachusetts Tax Rate
1.23%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Egremont, Berkshire County, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
01230 | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% |
Source: Ownwell
Property Tax Assessment Values Across Egremont, Berkshire County, Massachusetts
When examining property taxes in Egremont, 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 Berkshire 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 Berkshire 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 Egremont. For example, the median home price in Egremont is $431,300, with tax bills ranging significantly across the county. Zip code 01230 has the highest median home price at $431,300.
Property Tax Assessment Values Across Egremont, Berkshire County, Massachusetts
Source: Ownwell
$84,400
$299,300
$514,200
Median Egremont Market Value
$431,300
Median Berkshire County Market Value
$256,200
Median Massachusetts Market Value
$492,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Egremont, Berkshire County, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
01230 | $14,500 | $100,900 | $431,300 | $853,350 | $1,237,500 |
Source: Ownwell
Property Tax Bills Across Egremont, Berkshire County, Massachusetts
In Egremont, located in Berkshire County, MA, property tax bills are based on the assessed value of a home and the local tax rate. With a median home price of $431,300, homeowners in Egremont face varying tax bills. The 25th percentile tax bill is $706, while the 75th percentile reaches $5,974, and the 90th percentile climbs to $8,663. Compared to the national median property tax bill of $2,400, Egremont's tax bills can be significantly higher, especially for those in the upper percentiles. Factors affecting these bills include changes in the local tax rate and fluctuations in property values. For homeowners, these taxes can represent a substantial financial burden.
Ownwell provides expert property tax appeal and exemption services to help reduce these costs. By analyzing your property's assessed value and comparing it to similar properties, Ownwell identifies discrepancies and files appeals on your behalf. This service can lead to significant savings, ensuring that you pay only your fair share in property taxes.
Median Egremont Tax Bill
$3,019
Median Berkshire County Tax Bill
$3,693
Median Massachusetts Tax Bill
$5,844
Median United States Tax Bill
$2,400
Property Tax Bills Across Egremont, Berkshire County, Massachusetts
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
01230 | $102 | $706 | $3,019 | $5,974 | $8,663 |
Source: Ownwell