Maynard, Middlesex County, Massachusetts Property Taxes

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

Median Maynard, MA effective property tax rate: 1.90%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Maynard, MA home value: $430,300
Median annual Maynard, MA tax bill: $8,162, $5,762 higher than the national median property tax bill of $2,400.

How are property taxes in Middlesex County calculated?

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

Last Updated March 1, 2025

Maynard, Middlesex County, Massachusetts Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.9%

Estimate Property Tax Bill

$8,176

$7,587

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

Property Tax Rates Across Maynard, Middlesex County, Massachusetts

Local government entities set tax rates, which can vary widely within a state. 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.

In Maynard, located in Middlesex County, the effective property tax rate stands at 1.90%, which is notably higher than the national median property tax rate of 1.02%. This means that property owners in Maynard face higher property tax bills compared to the national average. When compared to other cities in Massachusetts, Maynard's rate aligns with the highest in the state, offering an interesting perspective on the local tax landscape.

Understanding how these rates are determined and how they compare to state and national figures can empower property owners to make informed decisions. For those seeking to optimize their property tax obligations, exploring appeal and exemption options may prove beneficial.

Property Tax Rates Across Maynard, Middlesex County, Massachusetts

Source: Ownwell

0.59%

1.24%

1.90%

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 Maynard Tax Rate

1.90%

Median Effective Middlesex County Tax Rate

1.22%

Median Effective Massachusetts Tax Rate

1.23%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Maynard, Middlesex County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
01754	1.90%	1.90%	1.90%	1.90%	1.90%

Source: Ownwell

Property Tax Assessment Values Across Maynard, Middlesex County, Massachusetts

When examining property taxes in Maynard, 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 Middlesex 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 Middlesex 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 Maynard. For example, the median home price in Maynard is $430,300, with tax bills ranging significantly across the county. 01754 has the highest median home price at $430,300.

Property Tax Assessment Values Across Maynard, Middlesex County, Massachusetts

Source: Ownwell

$320,300

$928,425

$1,536,550

Median Maynard Market Value

$430,300

Median Middlesex County Market Value

$633,600

Median Massachusetts Market Value

$492,600

Median United States Market Value

$235,294

Property Tax Assessment Values Across Maynard, Middlesex County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
01754	$347,500	$379,050	$430,300	$494,300	$571,640

Source: Ownwell

Property Tax Bills Across Maynard, Middlesex County, Massachusetts

In Maynard, located in Middlesex County, MA, property tax bills are calculated based on the assessed value of a home. The town's property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and market conditions are considered in the assessment process. Maynard homeowners face property tax bills that can vary significantly, with the 25th percentile at $7,190 and the 75th percentile reaching $9,372. Notably, the highest median tax bill in the area is $8,162, which is significantly higher than the national median property tax bill of $2,400. This can place a financial burden on homeowners, particularly in a state with one of the highest property tax rates in the nation. Ownwell offers a solution by providing expert property tax appeal services, potentially lowering assessed values and, consequently, tax bills. By leveraging Ownwell's expertise, homeowners in Maynard can save significantly, ensuring they only pay their fair share in property taxes.

Property Tax Bills Across Maynard, Middlesex County, Massachusetts

Source: Ownwell

$4,294

$11,232

$18,170

Median Maynard Tax Bill

$8,162

Median Middlesex County Tax Bill

$7,427

Median Massachusetts Tax Bill

$5,844

Median United States Tax Bill

$2,400

Property Tax Bills Across Maynard, Middlesex County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
01754	$6,592	$7,190	$8,162	$9,372	$10,842

Source: Ownwell