02562 Property Tax Rate

Property owners in ZIP code 02562 (Sagamore Beach, Massachusetts) pay a median of $4,703/year in property taxes on homes valued at $575,600. This translates to an effective tax rate of 0.82%, which is 28% below the Massachusetts state average of 1.13%.

The monthly property tax burden for a median-valued home in 02562 is approximately $392, which factors into escrow payments on mortgages. This ZIP code is located within Barnstable County. This is $1,029 less than the Massachusetts average of $5,732/year.

Compared to similar ZIP codes in Massachusetts, 02562 has higher property taxes. ZIP codes with similar effective rates include 02148 (0.81%) and 01951 (0.81%).

In Sagamore Beach, property taxes represent approximately 3.3% of the median household income of $141,324, providing context for the relative tax burden on homeowners in this area.

Massachusetts has no statewide property tax cap; Barnstable County properties are revalued periodically, meaning your assessed value adjusts to market conditions over time. Chapter 59 exemptions for seniors (65+), veterans, and surviving spouses are available—apply to the Barnstable County Assessor's office before the October 1 deadline with required documentation. Check whether your town participates in the Community Preservation Act surcharge; if so, this 1–3% addition applies on top of your regular property tax bill.