01612 Property Tax Rate

Property owners in ZIP code 01612 (Paxton, Massachusetts) pay a median of $6,996/year in property taxes on homes valued at $464,700. This translates to an effective tax rate of 1.51%, which is 33% above the Massachusetts state average of 1.13%.

The monthly property tax burden for a median-valued home in 01612 is approximately $583, which factors into escrow payments on mortgages. This ZIP code is located within Worcester County. This is $1,264 more than the Massachusetts average of $5,732/year.

Compared to similar ZIP codes in Massachusetts, 01612 has lower property taxes. ZIP codes with similar effective rates include 01032 (1.51%) and 01560 (1.50%).

In Paxton, property taxes represent approximately 5.2% of the median household income of $133,750, providing context for the relative tax burden on homeowners in this area.

Massachusetts Chapter 59 provides exemptions for seniors (65+), veterans, and surviving spouses that can reduce assessed value by $500–$3,000 depending on municipal amounts and your income. Submit your exemption application to the Worcester County Assessor's office by April 1 annually to claim relief on your owner-occupied home. Contact the Worcester County Assessor immediately after purchase to confirm deadlines—some municipalities offer additional local exemptions beyond state Chapter 59 benefits.