Randolph, Norfolk County, Massachusetts Property Taxes

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

Median Randolph, MA effective property tax rate: 1.21%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%.
Median Randolph, MA home value: $441,750
Median annual Randolph, MA tax bill: $5,337, $2,937 higher than the national median property tax bill of $2,400.

How are property taxes in Norfolk calculated?

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

Last Updated March 1, 2025

Randolph, Norfolk County, Massachusetts Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.21%

Estimate Property Tax Bill

$5,345

$4,960

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

Property Tax Rates Across Randolph, Norfolk County, Massachusetts

Local government entities in Randolph, Norfolk County, MA set property tax rates, which can vary widely within the state. Each year, Norfolk County estimates its budget to provide essential services and divides this by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the core of the annual process.

In Randolph, the effective property tax rate is 1.21%, which is higher than the national median property tax rate of 1.02%. This rate is consistent across the region, as Randolph shares the same rate with other areas in Norfolk County. The median property tax bill in Randolph is also higher than the national median, reflecting the area's property values and local government budget requirements.

Comparing Randolph’s property tax rate to other cities in Massachusetts and the U.S. highlights the variations in tax rates across different regions. Understanding these differences can help property owners make informed decisions about their investments and finances.

Property Tax Rates Across Randolph, Norfolk County, Massachusetts

Source: Ownwell

0.98%

1.42%

1.86%

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 Randolph Tax Rate

1.21%

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 Randolph, Norfolk County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
02368	1.21%	1.21%	1.21%	1.21%	1.21%

Source: Ownwell

Property Tax Assessment Values Across Randolph, Norfolk County, Massachusetts

When examining property taxes in Randolph, 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.

Assessment notices: In Norfolk 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 Randolph.

For example, the median home price in Randolph is $441,750, with tax bills ranging significantly across the county. Zip code 02368 has the highest median home price at $441,750.

Property Tax Assessment Values Across Randolph, Norfolk County, Massachusetts

Source: Ownwell

$363,800

$896,900

$1,430,000

Median Randolph Market Value

$441,750

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 Randolph, Norfolk County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
02368	$322,040	$391,000	$441,750	$503,500	$582,930

Source: Ownwell

Property Tax Bills Across Randolph, Norfolk County, Massachusetts

In Randolph, Norfolk County, MA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. For homeowners in this area, the median tax bill stands at $5,337, significantly higher than the national median property tax bill of $2,400. This disparity highlights the financial burden on Randolph homeowners, who face tax rates above the national average of 1.02%. Factors influencing these bills include the assessed market value of the property and any applicable exemptions or deductions. Homeowners in Randolph may find themselves paying between $4,723 at the 25th percentile and $7,042 at the 90th percentile, depending on their property’s assessed value and location within the city. Ownwell offers a valuable service by helping homeowners identify potential savings through property tax appeals and exemptions. By reviewing assessments and ensuring accurate valuations, Ownwell's experts can potentially lower tax bills, providing significant relief to Randolph homeowners facing steep property tax obligations.

Property Tax Bills Across Randolph, Norfolk County, Massachusetts

Source: Ownwell

$4,693

$10,534

$16,374

Median Randolph Tax Bill

$5,337

Median Norfolk County Tax Bill

$7,156

Median Massachusetts Tax Bill

$5,844

Median United States Tax Bill

$2,400

Property Tax Bills Across Randolph, Norfolk County, Massachusetts

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
02368	$3,892	$4,723	$5,337	$6,085	$7,042

Source: Ownwell