New Braintree, Worcester County, Massachusetts Property Taxes
Median New Braintree, MA effective property tax rate: 1.47%, significantly higher than the national median of 1.02%, but lower than the Massachusetts state median of 1.23%. Median New Braintree, MA home value: $343,200. Median annual New Braintree, MA tax bill: $5,038, $2,638 higher than the national median property tax bill of $2,400.
How are property taxes in Worcester calculated?
Property taxes in New Braintree, 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 New Braintree’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in New Braintree, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
New Braintree, Worcester County, Massachusetts Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.47%
Estimate Property Tax Bill
$5,045
$4,682
Property Tax Rates Across New Braintree, Worcester County, Massachusetts
Local government entities set tax rates, which can vary widely within a state. Annually, 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. Votes and laws are involved in setting tax rates and budgets, but this is the annual process in a nutshell.
In New Braintree, located in Worcester County, the effective property tax rate is 1.47%. This rate is notably higher than the national median property tax rate of 1.02%. The property tax rate in New Braintree reflects the county's budgetary needs and the total assessed value of taxable property. When compared to other cities in Massachusetts, New Braintree's rate is representative of the state's median rate, yet it still surpasses the national median. Understanding these differences can help property owners in New Braintree better anticipate their tax obligations and explore potential savings through property tax appeals or exemptions.
Property Tax Rates Across New Braintree, Worcester County, Massachusetts
Source: Ownwell
0.98%
1.39%
1.81%
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 New Braintree Tax Rate
1.47%
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 Worcester County Tax Rate
1.43%
Median Effective Massachusetts Tax Rate
1.23%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across New Braintree, Worcester County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01531 | 1.47% | 1.47% | 1.47% | 1.47% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across New Braintree, Worcester County, Massachusetts
When examining property taxes in New Braintree, 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 Worcester 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 Worcester 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 New Braintree. For example, the median home price in New Braintree is $343,200, with tax bills ranging significantly across the county. Zip code 01531 has the highest median home price at $343,200.
Property Tax Assessment Values Across New Braintree, Worcester County, Massachusetts
Source: Ownwell
$117,500
$415,400
$713,300
Median New Braintree Market Value
$343,200
Median Worcester County Market Value
$360,000
Median Massachusetts Market Value
$492,600
Median United States Market Value
$235,294
Property Tax Assessment Values Across New Braintree, Worcester County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01531 | $192,040 | $262,000 | $343,200 | $424,025 | $551,070 |
Source: Ownwell
Property Tax Bills Across New Braintree, Worcester County, Massachusetts
In New Braintree, Worcester County, MA, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is based on the market value, which can fluctuate due to changes in the real estate market. Homeowners in this area face a median property tax bill of $5,038, significantly higher than the national median of $2,400. This higher tax burden can be attributed to the area's higher property values and tax rates. Factors such as location, property size, and improvements can influence the assessed value, impacting the final tax bill. For homeowners, this can mean a substantial financial commitment, particularly when property values rise.
Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing property assessments and identifying potential discrepancies, Ownwell can help homeowners challenge overvaluations, potentially lowering their tax bills. This service ensures that homeowners pay only their fair share, offering significant savings and peace of mind in managing their property tax obligations.
Property Tax Bills Across New Braintree, Worcester County, Massachusetts
Source: Ownwell
$1,685
$6,716
$11,747
Median New Braintree Tax Bill
$5,038
Median Worcester County Tax Bill
$5,153
Median Massachusetts Tax Bill
$5,844
Median United States Tax Bill
$2,400
Property Tax Bills Across New Braintree, Worcester County, Massachusetts
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01531 | $2,819 | $3,830 | $5,038 | $6,224 | $8,090 |
Source: Ownwell