Comparison of property tax rates and values

There are a lot of things to consider before you move. Do you want to rent or become an owner? How is the school system? How far do you have to travel to find something to eat?

Then there is the amount of property taxes.

If you’re wondering if you’re paying more or less than your neighbors for a community or two, we’ve looked at tax rates, average single-family home values, and average annual property tax bills in the Brockton area to see how. they compare.

Here’s how Brockton, Bridgewater, East Bridgewater, West Bridgewater, Raynham Stoughton and Easton rank.

How is your tax rate evolving?

The tax rate you pay is only half the story in determining your tax bill. The other half of the equation is the assessed value of your home. In an era of rising home values, you could end up with a bigger tax bill even if the rate actually drops. And the reverse is also true, just because the rate goes up doesn’t mean your bill will skyrocket if property values ​​go down.

One thing to keep in mind is that the tax rate is per $ 1,000 of assessed value. So in a town like Bridgewater, for example, where the tax rate is $ 14.48, if you own a house worth $ 400,000, your annual bill would be $ 5,792.

But let’s start with the rates for the year 2021. Bridgewater reported the lowest residential property tax rate at $ 14.48 among those seven communities., while East Bridgewater, minutes away, reported the highest rate at $ 17.05:

Brockton: $ 14.50

Stoughton: $ 15.10

Bridgewater: $ 14.48

Bridgewater West: $ 16.71

Raynham: $ 14.69

Bridgewater is: $ 17.05

Easton: $ 15.48

Location, location, location

There are many factors that go into determining a home’s value, the size and attractiveness of the home itself to the neighborhood and community in which it is located.

Of these seven communities, Easton is by far the most expensive, with an average estimated value of single-family homes approaching very close to half a million dollars, almost $ 200,000 more than Brockton on average for 20:

Brockton: $ 310,562

Stoughton: $ 391,075

Bridgewater: $ 413,161

Bridgewater West: $ 359,937

Raynham: $ 413,200

East Bridgewater: $ 373,608

Easton: $ 491,877

The bottom line

So put those two factors together – the tax rate and the average home value – and you get the answer to the big question: How much does the average homeowner pay in annual property taxes?

Of these seven communities, Easton is the only one to cross the $ 7,000 mark, while Brockton is the only one to drop below $ 5,000, with most hovering around the $ 6,000 level:

Brockton: $ 4,503

Stoughton: $ 5,905

Bridgewater: $ 5,983

Bridgewater West: $ 6,015

Raynham: $ 6,070

East Bridgewater: $ 6,370

Easton: $ 7,614

Source: Massachusetts Department of Revenue Local Services Division

Enterprise staff writer Darvence Chery can be reached at [email protected]. Support local journalism by purchasing a digital or print subscription to The Enterprise today.

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