Millers Falls, Franklin County, Massachusetts Property Taxes

Name: Property Tax Bills Across Millers Falls, Franklin County, Massachusetts
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Millers Falls, MA effective property tax rate: 1.57%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Millers Falls, MA home value: $228,800
Median annual Millers Falls, MA tax bill: $3,568, $1,168 higher than the national median property tax bill of $2,400.

How are property taxes in Franklin County calculated?

Property taxes in Millers Falls, 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 Millers Falls’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Millers Falls, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Millers Falls, Franklin County, Massachusetts Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.57%

Estimate Property Tax Bill

$3,592

$3,333

Ownwell’s Millers Falls Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Millers Falls with just two data points. By entering your property's estimated assessed value, our calculator applies Millers Falls’ median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Franklin County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Millers Falls, Franklin County, Massachusetts

Local government entities in Franklin County, Massachusetts, set property tax rates that can vary widely within the state. This variation occurs because each county annually estimates the budget required to provide essential services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play roles in setting these rates and budgets, this is the essence of the annual process.

In Millers Falls, located in Franklin County, the effective property tax rate is 1.57%, mirroring the highest and lowest rates in the area. This rate is notably higher than the national median property tax rate of 1.02%. When compared to the national median property tax bill of $2,400, residents in Millers Falls might experience higher property tax bills due to the elevated rate. Understanding these differences can help property owners make informed decisions about appealing their property taxes or seeking exemptions. By being aware of the local tax landscape, property owners can better navigate their financial responsibilities and potentially reduce their tax burden.

Property Tax Rates Across Millers Falls, Franklin County, Massachusetts

Source: Ownwell

0.52%

1.40%

2.29%

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 Millers Falls Tax Rate

1.57%

Median Effective Franklin County Tax Rate

1.69%

Median Effective Massachusetts Tax Rate

1.23%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Millers Falls, Franklin County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
01349	1.56%	1.56%	1.57%	1.57%	1.57%

Source: Ownwell

Property Tax Assessment Values Across Millers Falls, Franklin County, Massachusetts

When examining property taxes in Millers Falls, 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 Franklin 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 Franklin County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Millers Falls.

For example, the median home price in Millers Falls is $228,800, with tax bills ranging significantly across the county. Zip code 01349 has the highest median home price at $228,800.

Property Tax Assessment Values Across Millers Falls, Franklin County, Massachusetts

Source: Ownwell

$102,700

$254,150

$405,600

Median Millers Falls Market Value

$228,800

Median Franklin County Market Value

$252,600

Median Massachusetts Market Value

$492,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Millers Falls, Franklin County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
01349	$168,000	$198,850	$228,800	$266,600	$346,760

Source: Ownwell

Property Tax Bills Across Millers Falls, Franklin County, Massachusetts

In Millers Falls, Franklin County, MA, property tax bills are calculated based on the assessed value of a home. This value reflects the market conditions and is determined by local assessors. The property tax rate is then applied to this assessed value to determine the tax bill. In Millers Falls, homeowners face a median property tax bill of $3,568, which is significantly higher than the national median of $2,400. Factors such as the property's location, size, and condition are considered in the assessment process, impacting the final tax bill. This can place a financial burden on homeowners, especially when property values rise. Ownwell assists homeowners by offering property tax appeal services, potentially lowering their tax bills. By analyzing the assessment for inaccuracies and advocating on behalf of homeowners, Ownwell helps ensure that they are not overpaying on their property taxes. This service can lead to significant savings, easing the financial stress associated with high property tax bills in Millers Falls.

Property Tax Bills Across Millers Falls, Franklin County, Massachusetts

Source: Ownwell

$1,177

$4,328

$7,479

Median Millers Falls Tax Bill

$3,568

Median Franklin County Tax Bill

$4,270

Median Massachusetts Tax Bill

$5,844

Median United States Tax Bill

$2,400

Property Tax Bills Across Millers Falls, Franklin County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
01349	$2,659	$3,124	$3,568	$4,127	$5,161

Source: Ownwell