Northfield, Franklin County, Massachusetts Property Taxes
Median Northfield, MA effective property tax rate: 1.36%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Northfield, MA home value: $263,350
Median annual Northfield, MA tax bill: $3,576, $1,176 higher than the national median property tax bill of $2,400.
How are property taxes in Franklin County calculated?
Property taxes in Northfield, 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 Northfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Northfield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Northfield, Franklin County, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.36%
Estimate Property Tax Bill
$3,582
$3,324
Property Tax Rates Across Northfield, Franklin County, Massachusetts
Local government entities determine tax rates, and these can differ significantly within a state. Annually, each county estimates its required budget to provide services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. This is the annual process, although votes and laws also influence tax rates and budgets.
In Northfield, located in Franklin County, Massachusetts, the effective property tax rate is a key consideration for homeowners. The median property tax rate in Massachusetts is 1.36%, which is higher than the national median of 1.02%. This indicates a higher financial commitment for property owners in Massachusetts compared to the national average. However, Northfield's tax rate aligns with the state's median, reflecting a consistency in property taxation within the region.
Understanding these rates is crucial for homeowners who want to manage their property tax obligations effectively. By comparing Northfield's effective property tax rate to other cities in Massachusetts and the national median, homeowners can gain valuable insights into their financial commitments and make informed decisions.
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 Northfield Tax Rate
1.36%
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 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 Northfield, Franklin County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01360 | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% |
Source: Ownwell
Property Tax Assessment Values Across Northfield, Franklin County, Massachusetts
When examining property taxes in Northfield, 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 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 Northfield. For example, the median home price in Northfield is $263,350, with tax bills ranging significantly across the county. 01360 has the highest median home price at $263,350.
Property Tax Assessment Values Across Northfield, Franklin County, Massachusetts
Source: Ownwell
$102,700
$254,150
$405,600
Median Northfield Market Value
$263,350
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 Northfield, Franklin County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01360 | $151,410 | $213,325 | $263,350 | $334,375 | $402,395 |
Source: Ownwell
Property Tax Bills Across Northfield, Franklin County, Massachusetts
In Northfield, Franklin County, MA, property tax bills are calculated based on the assessed value of the home and the local tax rate. The assessed value is determined by the local tax assessor and reflects the estimated market value of the property. Homeowners in Northfield face a median property tax bill of $3,576, which is significantly higher than the national median of $2,400. Factors such as property location, size, and improvements influence the assessed value and, consequently, the tax bill. For homeowners, this can mean a substantial financial burden, especially as the tax bill can reach up to $5,447 for those in the 90th percentile.
Ownwell offers a solution to mitigate these costs by providing expert property tax appeal services. By analyzing the assessed value and comparing it with market trends, Ownwell identifies opportunities to challenge over-assessments, potentially lowering the tax bill. This service not only helps homeowners save money but also ensures they are paying a fair amount, aligning their tax burden more closely with the true market value of their property.
Property Tax Bills Across Northfield, Franklin County, Massachusetts
Source: Ownwell
$1,177
$4,328
$7,479
Median Northfield Tax Bill
$3,576
Median Franklin County Tax Bill
$4,270
Median Massachusetts Tax Bill
$5,844
Median United States Tax Bill
$2,400
Property Tax Bills Across Northfield, Franklin County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01360 | $2,056 | $2,897 | $3,576 | $4,535 | $5,447 |
Source: Ownwell