Chelsea, Suffolk County, Massachusetts Property Taxes
Median Chelsea, MA effective property tax rate: 1.24%, significantly higher than the national median of 1.02%, but slightly higher than the Massachusetts state median of 1.23%.
Median Chelsea, MA home value: $489,650
Median annual Chelsea, MA tax bill: $6,062, $3,662 higher than the national median property tax bill of $2,400.
How are property taxes in Suffolk calculated?
Property taxes in Chelsea, 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 Chelsea’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chelsea, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Chelsea, Suffolk County, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.24%
Estimate Property Tax Bill
$6,072
$5,634
Property Tax Rates Across Chelsea, Suffolk County, Massachusetts
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting 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.
Chelsea in Suffolk County, MA, stands out with its property tax rate. Compared to the national median property tax rate of 1.02%, Chelsea's rate is higher. This might be reflective of the local government's budgetary needs and the value of taxable properties in the area. The median property tax rate in Massachusetts is above the national average, suggesting that property owners in Chelsea may face higher tax bills than those in other parts of the country. However, these rates are indicative of the services and infrastructure supported by these taxes, which can vary significantly from one locality to another. Understanding these differences can help property owners make informed decisions about appealing their property taxes or seeking exemptions.
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 Chelsea Tax Rate
1.24%
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 Suffolk County Tax Rate
1.07%
Median Effective Massachusetts Tax Rate
1.23%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Chelsea, Suffolk County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02150 | 1.24% | 1.24% | 1.24% | 1.24% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Chelsea, Suffolk County, Massachusetts
When examining property taxes in Chelsea, 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 Suffolk 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 Suffolk 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 Chelsea.
For example, the median home price in Chelsea is $489,650, with tax bills ranging significantly across the county. Zip code 02150 has the highest median home price at $489,650.
Property Tax Assessment Values Across Chelsea, Suffolk County, Massachusetts
Source: Ownwell
$408,200
$1,852,150
$3,296,100
Median Chelsea Market Value
$489,650
Median Suffolk County Market Value
$641,300
Median Massachusetts Market Value
$492,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across Chelsea, Suffolk County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02150 | $280,860 | $369,825 | $489,650 | $640,425 | $767,050 |
Source: Ownwell
Property Tax Bills Across Chelsea, Suffolk County, Massachusetts
Median Chelsea Tax Bill
$6,062
Median Suffolk County Tax Bill
$6,836
Median Massachusetts Tax Bill
$5,844
Median United States Tax Bill
$2,400
Property Tax Bills Across Chelsea, Suffolk County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02150 | $3,477 | $4,578 | $6,062 | $7,928 | $9,496 |
Source: Ownwell