01029 Property Tax Rate

Property owners in ZIP code 01029 (East Otis, Massachusetts) pay a median of $3,231/year in property taxes on homes valued at $469,400. This translates to an effective tax rate of 0.69%, which is 39% below the Massachusetts state average of 1.13%.

The monthly property tax burden for a median-valued home in 01029 is approximately $269, which factors into escrow payments on mortgages. This ZIP code is located within Berkshire County. This is $2,501 less than the Massachusetts average of $5,732/year.

Compared to similar ZIP codes in Massachusetts, 01029 has higher property taxes. ZIP codes with similar effective rates include 02110 (0.68%) and 02047 (0.70%).

In East Otis, property taxes represent approximately 3.3% of the median household income of $99,188, providing context for the relative tax burden on homeowners in this area.

Massachusetts Chapter 59 exemptions for seniors (65+), veterans, and surviving spouses reduce your assessed value by amounts set by each municipality, often $1,000–$2,500 on Berkshire County properties. File your exemption claim with the Berkshire County Assessor by April 1 each year if you own and occupy the property as your primary residence. Berkshire County Assessor's office will review your income and residency proof—apply before April 1 of the year following purchase to capture the benefit on your next tax bill.