Cuttyhunk, Dukes County, Massachusetts Property Taxes
Median Cuttyhunk, MA effective property tax rate: 0.33%, significantly lower than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Cuttyhunk, MA home value: $771,450
Median annual Cuttyhunk, MA tax bill: $2,522, $122 higher than the national median property tax bill of $2,400.
How are property taxes in Dukes County calculated?
Property taxes in Cuttyhunk, 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 Cuttyhunk’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cuttyhunk, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cuttyhunk, Dukes County, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.33%
Estimate Property Tax Bill
$2,546
$2,362
Property Tax Rates Across Cuttyhunk, Dukes County, Massachusetts
Local government entities set tax rates, and these can vary significantly within a state. Annually, each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.
Cuttyhunk in Dukes County, Massachusetts, offers a unique perspective on property taxes. With an effective property tax rate of 0.33%, it stands out not only within the state but also on a national level. The national median property tax rate is 1.02%, which highlights Cuttyhunk's notably lower rate. This can be particularly appealing to property owners seeking lower tax liabilities while enjoying the benefits of living in this picturesque region.
For those comparing tax burdens, Cuttyhunk’s rate is a significant advantage. It underscores the importance of understanding local tax policies and how they can impact property ownership costs. Whether you're a current resident or considering a move, knowing these rates can be a crucial factor in your decision-making process.
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 Cuttyhunk Tax Rate
0.33%
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 Dukes County Tax Rate
0.53%
Median Effective Massachusetts Tax Rate
1.23%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cuttyhunk, Dukes County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02713 | 0.33% | 0.33% | 0.33% | 0.33% | 0.33% |
Source: Ownwell
Property Tax Assessment Values Across Cuttyhunk, Dukes County, Massachusetts
When examining property taxes in Cuttyhunk, 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 Dukes 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 Dukes County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Cuttyhunk. For example, the median home price in Cuttyhunk is $771,450, with tax bills ranging significantly across the county. The zip code 02713 has the highest median home price at $771,450.
Property Tax Assessment Values Across Cuttyhunk, Dukes County, Massachusetts
Source: Ownwell
$771,450
$1,142,800
$1,514,150
Median Cuttyhunk Market Value
$771,450
Median Dukes County Market Value
$1,154,150
Median Massachusetts Market Value
$492,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cuttyhunk, Dukes County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02713 | $488,160 | $625,775 | $771,450 | $1,047,250 | $1,382,770 |
Source: Ownwell
Property Tax Bills Across Cuttyhunk, Dukes County, Massachusetts
In Cuttyhunk, Dukes County, MA, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which can fluctuate based on various factors including market conditions and property improvements. Homeowners in Cuttyhunk face a median property tax bill of $2,522, slightly above the national median of $2,400. With a median home price of $771,450, this can be a significant expense for homeowners. The tax bill can vary, with the 25th percentile at $2,046 and the 75th percentile at $3,424, indicating a range of possible tax burdens.
Ownwell assists homeowners by evaluating their property tax assessments to identify potential savings. By ensuring that properties are not over-assessed, Ownwell can help reduce tax bills, providing financial relief. Their expertise in navigating tax appeals and exemptions means homeowners can potentially save money and avoid overpaying on their property taxes.
Median Cuttyhunk Tax Bill
$2,522
Median Dukes County Tax Bill
$5,248
Median Massachusetts Tax Bill
$5,844
Median United States Tax Bill
$2,400
Property Tax Bills Across Cuttyhunk, Dukes County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02713 | $1,596 | $2,046 | $2,522 | $3,424 | $4,521 |
Source: Ownwell