Medfield, Norfolk County, Massachusetts Property Taxes
Median Medfield, MA effective property tax rate: 1.54%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Medfield, MA home value: $735,200
Median annual Medfield, MA tax bill: $11,343, $8,943 higher than the national median property tax bill of $2,400.
How are property taxes in Norfolk calculated?
Property taxes in Medfield, 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 Medfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Medfield, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Medfield, Norfolk County, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.54%
Estimate Property Tax Bill
$11,322
$10,507
Property Tax Rates Across Medfield, Norfolk County, Massachusetts
Local government entities determine tax rates, which can differ significantly within a state. Each county annually estimates its budgetary needs to fund services and divides this by the total value of all taxable property in its area, resulting in the property tax rate. This process, although influenced by votes and legislation, essentially follows this annual cycle.
In Medfield, Norfolk County, Massachusetts, the effective property tax rate is notably distinct when compared to other cities in the state. Massachusetts has a median property tax rate of 1.54%, which is higher than the national median of 1.02%. This means that residents may face a higher property tax bill compared to the national median of $2400. The tax rate in Medfield is one of the highest in the state, reflecting the area's assessed property values and budgetary requirements. Understanding these differences can help property owners make informed decisions regarding property tax appeals and exemptions. By comparing local rates with state and national figures, residents can better navigate the complexities of property taxation.
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 Medfield Tax Rate
1.54%
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 Norfolk County Tax Rate
1.18%
Median Effective Massachusetts Tax Rate
1.23%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Medfield, Norfolk County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02052 | 1.54% | 1.54% | 1.54% | 1.54% | 1.54% |
Source: Ownwell
Property Tax Assessment Values Across Medfield, Norfolk County, Massachusetts
When examining property taxes in Medfield, 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 Norfolk 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 Norfolk 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 Medfield.
For example, the median home price in Medfield is $735,200, with tax bills ranging significantly across the county. Zip code 02052 has the highest median home price at $735,200.
Property Tax Assessment Values Across Medfield, Norfolk County, Massachusetts
Source: Ownwell
$363,800
$896,900
$1,430,000
Median Medfield Market Value
$735,200
Median Norfolk County Market Value
$592,100
Median Massachusetts Market Value
$492,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Medfield, Norfolk County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02052 | $520,600 | $617,400 | $735,200 | $961,900 | $1,192,100 |
Source: Ownwell
Property Tax Bills Across Medfield, Norfolk County, Massachusetts
In Medfield, Norfolk County, MA, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate is applied to this assessed value to calculate the annual tax bill. With a median home price of $735,200, homeowners in Medfield face property tax bills that significantly exceed the national median. For instance, the 25th percentile tax bill is $9,526, while the 75th percentile reaches $14,842, and the 90th percentile climbs to $18,394. This is considerably higher than the national median property tax bill of $2,400, highlighting the financial burden on homeowners in this area.
Homeowners can benefit from appealing their property tax assessments to potentially lower their tax obligations. Ownwell specializes in property tax appeal services, helping homeowners navigate the complex process to ensure fair assessments. By leveraging local expertise and data analysis, Ownwell can identify discrepancies in property assessments and work towards reducing tax bills, offering significant savings for Medfield homeowners.
Property Tax Bills Across Medfield, Norfolk County, Massachusetts
Source: Ownwell
$4,693
$10,534
$16,374
Median Medfield Tax Bill
$11,343
Median Norfolk County Tax Bill
$7,156
Median Massachusetts Tax Bill
$5,844
Median United States Tax Bill
$2,400
Property Tax Bills Across Medfield, Norfolk County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02052 | $8,033 | $9,526 | $11,343 | $14,842 | $18,394 |
Source: Ownwell