Hanover, Plymouth County, Massachusetts Property Taxes
Median Hanover, MA effective property tax rate: 1.35%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%. Median Hanover, MA home value: $602,800. Median annual Hanover, MA tax bill: $8,132, $5,732 higher than the national median property tax bill of $2,400.
How are property taxes in Plymouth County calculated?
Property taxes in Hanover, 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 Hanover’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hanover, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hanover, Plymouth County, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.35%
Estimate Property Tax Bill
$8,138
$7,552
Property Tax Rates Across Hanover, Plymouth County, Massachusetts
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 Hanover Tax Rate
1.35%
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 Plymouth County Tax Rate
1.30%
Median Effective Massachusetts Tax Rate
1.23%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hanover, Plymouth County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02339 | 1.35% | 1.35% | 1.35% | 1.35% | 1.35% |
Source: Ownwell
Property Tax Assessment Values Across Hanover, Plymouth County, Massachusetts
When examining property taxes in Hanover, Massachusetts, 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 Plymouth County Assessor's Office 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 Plymouth 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 Hanover.
For example, the median home price in Hanover is $602,800, with tax bills ranging significantly across the county. Zip code 02339 has the highest median home price at $602,800.
Property Tax Assessment Values Across Hanover, Plymouth County, Massachusetts
Source: Ownwell
$308,000
$616,800
$925,600
Median Hanover Market Value
$602,800
Median Plymouth County Market Value
$476,400
Median Massachusetts Market Value
$492,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hanover, Plymouth County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02339 | $453,760 | $511,000 | $602,800 | $757,100 | $975,980 |
Source: Ownwell
Property Tax Bills Across Hanover, Plymouth County, Massachusetts
In Hanover, Plymouth County, MA, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value reflects the market value of the property. Hanover's median property tax bill stands at $8,132, significantly higher than the national median of $2,400. Factors influencing the tax bill include property size, location, and any improvements made. Homeowners in Hanover face higher property tax bills compared to the national average, which can impact their financial planning and housing affordability.
Ownwell offers valuable assistance to homeowners by identifying potential savings on property tax bills. Through expert analysis and appeal services, Ownwell helps ensure that properties are not over-assessed, potentially lowering tax liabilities. By leveraging local knowledge and tax expertise, Ownwell can effectively advocate for fair assessments, providing homeowners with peace of mind and the opportunity to reduce their financial burden. Trust Ownwell to navigate the complexities of property taxes and help you save.
Median Hanover Tax Bill
$8,132
Median Plymouth County Tax Bill
$6,149
Median Massachusetts Tax Bill
$5,844
Median United States Tax Bill
$2,400
Property Tax Bills Across Hanover, Plymouth County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02339 | $6,121 | $6,893 | $8,132 | $10,208 | $13,166 |
Source: Ownwell