Palmer, Hampden County, Massachusetts Property Taxes

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

Median Palmer, MA effective property tax rate: 1.94%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Palmer, MA home value: $228,450
Median annual Palmer, MA tax bill: $4,470, $2,070 higher than the national median property tax bill of $2,400.

How are property taxes in Hampden County calculated?

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

Last Updated March 1, 2025

Palmer, Hampden County, Massachusetts Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.94%

Estimate Property Tax Bill

$4,432

$4,113

Ownwell’s Palmer Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Palmer with just two data points. By entering your property's estimated assessed value, our calculator applies Palmer’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 Hampden County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Palmer, Hampden County, Massachusetts

Local government entities set tax rates, which can vary widely within a state. This is 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 Palmer’s effective property tax rate to other cities in Massachusetts and the median property tax rates in Massachusetts and the U.S. Palmer, located in Hampden County, has a median property tax rate of 1.94%, which is significantly higher than the national median of 1.02%. This rate is consistent across the region, as Palmer shares the same rate with the highest and lowest median tax rates in the area. Homeowners in Palmer face a higher property tax burden compared to the national average, which may impact decisions related to property investments and homeownership in the area.

Property Tax Rates Across Palmer, Hampden County, Massachusetts

Source: Ownwell

1.31%

1.80%

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 Palmer Tax Rate

1.94%

Median Effective Hampden County Tax Rate

1.70%

Median Effective Massachusetts Tax Rate

1.23%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Palmer, Hampden County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
01069	1.94%	1.94%	1.94%	1.97%	2.03%

Source: Ownwell

Property Tax Assessment Values Across Palmer, Hampden County, Massachusetts

When examining property taxes in Palmer, 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 Hampden 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 Hampden 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 Palmer.

For example, the median home price in Palmer is $228,450, with tax bills ranging significantly across the county. Zip code 01069 has the highest median home price at $228,450.

Property Tax Assessment Values Across Palmer, Hampden County, Massachusetts

Source: Ownwell

$59,100

$292,600

$526,100

Median Palmer Market Value

$228,450

Median Hampden County Market Value

$245,200

Median Massachusetts Market Value

$492,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Palmer, Hampden County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
01069	$148,400	$186,900	$228,450	$293,300	$370,150

Source: Ownwell

Property Tax Bills Across Palmer, Hampden County, Massachusetts

In Palmer, located in Hampden County, Massachusetts, 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 market value, which is influenced by factors such as location, property size, and market trends. Palmer's median property tax bill stands at $4,470, which is significantly higher than the national median of $2,400. Homeowners in Palmer face tax bills ranging from the 25th percentile at $3,660 to the 90th percentile at $7,208, reflecting the variability in property values and tax rates within the area. These taxes can be a substantial financial burden for homeowners, impacting their overall affordability and financial planning. Ownwell offers a solution by providing expert property tax appeal and exemption services. By analyzing property assessments and market conditions, Ownwell helps homeowners identify potential inaccuracies or opportunities for exemptions, potentially reducing their tax bills and easing the financial strain on their household budgets.

Property Tax Bills Across Palmer, Hampden County, Massachusetts

Source: Ownwell

$1,008

$5,015

$9,021

Median Palmer Tax Bill

$4,470

Median Hampden County Tax Bill

$4,101

Median Massachusetts Tax Bill

$5,844

Median United States Tax Bill

$2,400

Property Tax Bills Across Palmer, Hampden County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
01069	$2,910	$3,660	$4,470	$5,772	$7,208

Source: Ownwell