Montague, Franklin County, Massachusetts Property Taxes

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

Median Montague, 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 Montague, MA home value: $288,100
Median annual Montague, MA tax bill: $4,481, $2,081 higher than the national median property tax bill of $2,400.

How are property taxes in Franklin County calculated?

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

Last Updated March 1, 2025

Montague, Franklin County, Massachusetts Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.52%

Estimate Property Tax Bill

$5,011

$4,650

Ownwell’s Montague Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Montague with just two data points. By entering your property's estimated assessed value, our calculator applies Montague’s 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 Montague, Franklin County, Massachusetts

Local government entities determine property tax rates, which can vary significantly within a state. Each year, counties estimate their budgets needed for services and divide this by the total value of all taxable property within their area. This process establishes the property tax rate. While votes and legislation play a role in determining these rates, this is the basic annual procedure.

In Montague, located in Franklin County, Massachusetts, the effective property tax rate is 1.57%. This rate is notably higher than the national median property tax rate of 1.02%. Montague's rate is consistent with the highest and lowest rates within its zip code, 01351, highlighting a uniform rate within the area.

Comparing Montague's property tax rate to other cities in Massachusetts and across the U.S. reveals its higher-than-average positioning. The national median property tax bill is $2,400, which further emphasizes the potential impact of Montague's rate on property owners. Understanding these comparisons can help property owners in Montague make informed decisions about their property taxes and explore potential appeal or exemption opportunities.

Property Tax Rates Across Montague, Franklin County, Massachusetts

Source: Ownwell

0.90%

1.50%

2.10%

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 Montague Tax Rate

1.52%

Median Effective Franklin County Tax Rate

1.47%

Median Effective Massachusetts Tax Rate

1.15%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Montague, Franklin County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
01351	1.52%	1.52%	1.52%	1.52%	1.52%

Source: Ownwell

Property Tax Assessment Values Across Montague, Franklin County, Massachusetts

When examining property taxes in Montague, 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. Assessment notices: 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 Montague. For example, the median home price in Montague is $288,100, with tax bills ranging significantly across the county. 01351 has the highest median home price at $288,100.

Property Tax Assessment Values Across Montague, Franklin County, Massachusetts

Source: Ownwell

$136,800

$284,700

$432,600

Median Montague Market Value

$329,700

Median Franklin County Market Value

$294,500

Median Massachusetts Market Value

$561,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Montague, Franklin County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
01351	$228,640	$272,900	$329,700	$402,900	$491,280

Source: Ownwell

Property Tax Bills Across Montague, Franklin County, Massachusetts

In Montague, located in Franklin County, MA, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor's office and reflects the market value of the property. Homeowners in Montague face a median property tax bill significantly higher than the national median of $2,400, with local bills reaching $4,481. This discrepancy highlights the impact of local assessments and tax rates on homeowners' financial responsibilities. Factors influencing the tax bill include property size, location, and market conditions.

With property taxes being a substantial financial burden, homeowners can benefit from services like those offered by Ownwell. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax bills. Through a thorough review of property assessments and local market conditions, Ownwell identifies opportunities for savings, ensuring that homeowners in Montague are not overpaying on their property taxes.

Property Tax Bills Across Montague, Franklin County, Massachusetts

Source: Ownwell

$1,230

$3,896

$6,562

Median Montague Tax Bill

$5,015

Median Franklin County Tax Bill

$4,331

Median Massachusetts Tax Bill

$6,068

Median United States Tax Bill

$2,400

Property Tax Bills Across Montague, Franklin County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
01351	$3,478	$4,151	$5,015	$6,128	$7,472

Source: Ownwell