Ashburnham, Worcester County, Massachusetts Property Taxes

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. 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. Below, you can compare Ashburnham’s effective property tax rate to other cities in Massachusetts and the median property tax rates in Massachusetts and the U.S.

In Ashburnham, located in Worcester County, property owners face a median property tax rate of 1.66%. This rate is notably higher than the national median property tax rate of 1.02%. Within Massachusetts, Ashburnham's rate aligns with the highest median tax rate in the state, which is also 1.66%. In contrast, the national median property tax bill stands at $2,400, highlighting the relatively higher taxation burden in Ashburnham. Understanding these variations can help property owners better navigate and potentially appeal their property tax assessments, ensuring they are not overpaying based on their property's assessed value.

In Ashburnham, located in Worcester County, MA, property tax bills are calculated based on the assessed value of a home. The property tax rate is applied to this assessed value to determine the annual tax bill. The median home price in Ashburnham is $319,400, which is higher than the national median property tax bill of $2,400. Homeowners in this region can expect a median tax bill of $5,280, significantly above the national average. The tax bill can vary, with the 25th percentile at $4,208 and the 75th percentile reaching $6,786, illustrating the range of potential tax obligations based on property value and tax rates.

Factors influencing these tax bills include local government budgets and the need for public services. High property taxes can place a financial burden on homeowners, making it crucial to explore ways to reduce them. Ownwell offers expert property tax appeal services, helping homeowners potentially lower their tax bills by ensuring their property assessments are fair and accurate. By utilizing Ownwell's services, homeowners can navigate the complexities of property tax assessments and potentially save money.