Fall River, Bristol County, Massachusetts Property Taxes
Property Taxes in Fall River, Massachusetts
Median Fall River, Massachusetts effective property tax rate: 1.15%, significantly higher than the national median of 1.02%, and equal to the Massachusetts state median of 1.15%.
Median Fall River, Massachusetts home value: $388,900
Median annual Fall River, Massachusetts tax bill: $4,453, $2,053 higher than the national median property tax bill of $2,400.
How are property taxes in Bristol calculated?
Property taxes in Fall River, Massachusetts 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 Fall River's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fall River, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Fall River, Bristol County, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.15%
Estimate Property Tax Bill
$4,472
$4,150
How Does the Fall River Property Tax Calculator Work?
Use this Fall River property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Fall River's median effective tax rate of 1.15% — based on actual property records in Bristol County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Fall River's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Fall River: rates range from $4,419 in 02723 to $5,583 in 02722, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Fall River.
About Fall River Property Taxes
About Property Taxes in Fall River, Bristol, Massachusetts
Fall River’s median effective property tax rate of 1.15% is higher than the Massachusetts state median of 1.15% and higher than the national median of 1.02%. This rate reflects the Bristol County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Fall River. Homeowners in the 02724 ZIP code carry a median effective rate of 1.15%, while those in 02722 pay 1.14%. This spread — 0.01 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Bristol County. Understanding which part of Fall River you live in can make a meaningful difference to your annual tax bill.
Fall River homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the February 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Fall River, Bristol County, Massachusetts
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Fall River's effective property tax rate to other cities in Massachusetts and the median property tax rates in Massachusetts and the U.S.
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 Fall River Tax Rate
1.15%
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 Bristol County Tax Rate
1.13%
Median Effective Massachusetts Tax Rate
1.15%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fall River, Bristol County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02720 | 1.14% | 1.14% | 1.15% | 1.15% | 1.15% |
| 02721 | 1.14% | 1.14% | 1.14% | 1.15% | 1.15% |
| 02722 | 1.14% | 1.14% | 1.14% | 1.15% | 2.00% |
| 02723 | 1.14% | 1.14% | 1.14% | 1.15% | 1.15% |
| 02724 | 1.14% | 1.14% | 1.15% | 1.15% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Fall River, Bristol County, Massachusetts
When examining property taxes in Fall River, Massachusetts, 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 Bristol County assessor 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.
Assessment notices:
In Bristol County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of December.
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. The median home price in Fall River is $388,900, with tax bills ranging significantly across the county. ZIP code 02722 has the highest median home price at $453,800.
Property Tax Assessment Values Across Fall River, Bristol County, Massachusetts
Source: Ownwell
$343,100
$678,550
$1,014,000
Median Fall River Market Value
$388,900
Median Bristol County Market Value
$452,600
Median Massachusetts Market Value
$561,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fall River, Bristol County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02720 | $253,200 | $320,000 | $388,300 | $473,700 | $569,300 |
| 02721 | $284,400 | $325,800 | $392,250 | $456,600 | $522,530 |
| 02722 | $253,200 | $323,542 | $453,800 | $547,800 | $841,100 |
| 02723 | $287,960 | $325,550 | $385,900 | $457,550 | $536,380 |
| 02724 | $291,200 | $330,600 | $387,700 | $460,700 | $532,600 |
Source: Ownwell
Property Tax Bills Across Fall River, Bristol County, Massachusetts
Property tax bills in Fall River are based on the assessed value of a home and the local tax rate set by the city and county. When a property’s market value changes, the assessed value can change too, which affects the final bill. For homeowners, that means the amount owed is tied not just to where the home is located, but also to how much the property is worth on the local tax roll.
In Fall River, the median home price is $388,900, and property tax bills vary widely across the city. The 25th percentile tax bill is $3,724, while the 75th percentile is $5,300. At the high end, the 90th percentile reaches $6,239, showing how quickly taxes can rise for higher-valued homes. Even within the same city, bills differ by neighborhood, with the highest median tax bill at $5,583 in ZIP code 02722 and the lowest median tax bill at $4,419 in ZIP code 02723.
Property Tax Bills Across Fall River, Bristol County, Massachusetts
Source: Ownwell
$3,163
$5,635
$8,107
Median Fall River Tax Bill
$4,453
Median Bristol County Tax Bill
$4,842
Median Massachusetts Tax Bill
$6,068
Median United States Tax Bill
$2,400
Property Tax Bills Across Fall River, Bristol County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02720 | $2,899 | $3,664 | $4,446 | $5,424 | $6,518 |
| 02721 | $3,256 | $3,730 | $4,492 | $5,228 | $5,983 |
| 02722 | $2,899 | $4,396 | $5,583 | $6,818 | $9,631 |
| 02723 | $3,297 | $3,728 | $4,419 | $5,239 | $6,141 |
| 02724 | $3,334 | $3,785 | $4,439 | $5,275 | $6,098 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 1 |
Links | |
|---|---|
| Bristol Tax Assessor | |
| Website | www.mass.gov |