Homeowners in Wakefield, Massachusetts paid a median $7,779 a year in property tax on a median home worth $723,500, an effective rate of about 1.08% (Census 2020–2024).
1.03%Middlesex County overall
Wakefield vs county, state and US
Effective rate
Median tax paid per year
Tax on a home in Wakefield
At the local 1.08% effective rate
| Home value | Estimated yearly tax | Per month |
|---|---|---|
| $150,000 | $1,613 | $134 |
| $250,000 | $2,688 | $224 |
| $350,000 | $3,763 | $314 |
| $500,000 | $5,376 | $448 |
Buying a home in Middlesex County? 2026 loan limits
Nearby and related
- Middlesex County property taxcounty overview
- Massachusetts property tax by countyranked
- Cambridge, MA0.44% effective
- Lowell, MA1.05% effective
- Newton, MA0.79% effective
- Somerville, MA0.68% effective
- Framingham, MA1.10% effective
- Cost of living in Massachusettsprices & rents
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020–2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax ÷ median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.
Major Cities & Counties in Massachusetts
Largest by population (Census ACS 2020–2024). Property tax for each:
- Boston pop. 666,442
- Worcester pop. 207,055
- Springfield pop. 154,749
- Cambridge pop. 118,796
- Lowell pop. 118,368
- Brockton pop. 105,386
- Quincy pop. 102,114
- Lynn pop. 101,709
- New Bedford pop. 100,998
- Fall River pop. 94,082
- Middlesex County pop. 1,638,365
- Worcester County pop. 867,788
- Essex County pop. 813,054
- Suffolk County pop. 785,121
- Norfolk County pop. 730,082
- Bristol County pop. 582,270
- Plymouth County pop. 535,075
- Hampden County pop. 462,815
- Barnstable County pop. 231,668
- Hampshire County pop. 162,028
Frequently asked questions
What is the property tax rate in Wakefield, Massachusetts?
Homeowners in Wakefield, Massachusetts paid a median $7,779 a year in property tax on a median home worth $723,500, an effective rate of about 1.08% (Census 2020–2024).
How much is property tax on a $250,000 home in Wakefield?
About $2,688 a year at the 1.08% median effective rate. Exemptions such as homestead can lower it.
Is property tax in Wakefield higher than the rest of Massachusetts?
Wakefield ranks #105 lowest of 216 Massachusetts places we track. The statewide effective rate is 1.07%. Middlesex County overall is 1.03%.