Property Tax in Nantucket County
via TaxByCounty
Nantucket's lowest-in-state rate still exceeds national median
Despite Massachusetts' reputation for high taxes, Nantucket County's effective tax rate of 0.215% is barely above the national median, with median property taxes of just $2,985. The county's extraordinarily high median home value of $1,387,000—nearly five times the national median—keeps overall tax obligations reasonable despite high-priced real estate.
Massachusetts' most tax-friendly county
Nantucket County boasts the lowest effective tax rate in Massachusetts at 0.215%, dramatically lower than the state average of 1.065%. This makes Nantucket a unique haven for high-net-worth homeowners seeking to minimize property tax burden.
Dramatically lower than nearby counties
Nantucket's 0.215% rate is less than one-fifth the burden of neighboring Middlesex (1.054%) and a fraction of Plymouth (1.237%) and Worcester (1.333%) counties. Only Suffolk County's 0.666% comes close, yet it's still three times higher than Nantucket's remarkably low rate.
Your median annual property tax bill
A homeowner with Nantucket's median-valued property of $1,387,000 pays approximately $2,985 in annual property taxes. This works out to just $249 per month despite the extraordinarily high property values—a significant savings compared to mainland counties.
Even in Nantucket, appeals are worthwhile
Although Nantucket has the state's most favorable tax rates, assessment accuracy remains important for the region's residents. Homeowners should still verify their property assessments and file appeals if they believe their valuations are inflated.