02575 Property Tax Rate

Property owners in ZIP code 02575 (West Tisbury, Massachusetts) pay a median of $7,160/year in property taxes on homes valued at $1,183,300. This translates to an effective tax rate of 0.61%, which is 46% below the Massachusetts state average of 1.13%.

The monthly property tax burden for a median-valued home in 02575 is approximately $597, which factors into escrow payments on mortgages. This ZIP code is located within Dukes County. This is $1,428 more than the Massachusetts average of $5,732/year.

Compared to similar ZIP codes in Massachusetts, 02575 has lower property taxes. ZIP codes with similar effective rates include 02481 (0.61%) and 02130 (0.61%).

In West Tisbury, property taxes represent approximately 3.9% of the median household income of $181,304, providing context for the relative tax burden on homeowners in this area.

Massachusetts has no statewide property tax cap; Dukes County (Martha's Vineyard) revalues properties to market value periodically, so your tax will reflect current conditions. Chapter 59 exemptions for seniors (65+), veterans, and surviving spouses reduce assessed value—file with the Dukes County Assessor's office by the October 1 deadline using your residency and status documentation. Contact the Dukes County Assessor to confirm your town's Community Preservation Act surcharge rate and explore any local veteran or agricultural exemptions that may apply.