How much are property taxes in Lynnfield, MA?
Homeowners in Lynnfield, MA pay a median of $10,000 or more a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $10,000 or more.
Homes without a mortgage pay a median of $10,000 or more.
Figures last updated on .
- Median real estate taxes
- $10,000 or more
- With a mortgage
- $10,000 or more
- Without a mortgage
- $10,000 or more
Real estate taxes in Lynnfield against Essex County, its state and the nation
| Lynnfield | Essex County | Massachusetts | United States | |
|---|---|---|---|---|
| Median real estate taxes | $10,000 or more | $6,430 (±$51) | $5,992 (±$18) | $3,119 |
| Homes with a mortgage | $10,000 or more | $6,371 (±$63) | $5,987 (±$25) | $3,489 |
| Homes without a mortgage | $10,000 or more | $6,577 (±$92) | $6,001 (±$37) | $2,576 |
| Median home value | $917,600 (±$30,634) | $619,100 (±$3,976) | $562,100 (±$2,169) | $332,700 |
How property taxes in Lynnfield have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $670,700 (±$21,403) | $917,600 (±$30,634) | +36.8% | Up after inflation |
| Median owner cost with a mortgage | $3,242 (±$196) | $3,620 (±$300) | +11.7% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median real estate taxes in places near Lynnfield
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Lynnfield | — | $10,000 or more | — |
| Wakefield (community) | 2.4 mi | $7,779 (±$246) | — |
| Wakefield | 2.4 mi | $7,779 (±$246) | — |
| Reading (community) | 3.4 mi | $9,320 (±$230) | — |
| Reading | 3.4 mi | $9,320 (±$230) | — |
| Peabody | 3.5 mi | $5,065 (±$185) | — |
| North Reading | 3.9 mi | $9,693 (±$446) | — |
| Saugus (community) | 4.7 mi | $6,049 (±$122) | — |
| Saugus | 4.7 mi | $6,049 (±$122) | — |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Essex County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 1 (tie) | Andover | $10,000 or more |
| 1 (tie) | Boxford | $10,000 or more |
| 1 (tie) | Essex | $10,000 or more |
| 1 (tie) | Hamilton | $10,000 or more |
| 1 (tie) | Lynnfield | $10,000 or more |
| 1 (tie) | Topsfield | $10,000 or more |
| 1 (tie) | Wenham | $10,000 or more |
| 8 | Manchester-by-the-Sea | $9,291 (±$622) |
| 9 | West Newbury | $9,240 (±$660) |
| 10 | Middleton | $8,785 (±$685) |
| 11 (tie) | Marblehead | $8,309 (±$351) |
Showing 11 of 34 places in Essex County, ranked from highest to lowest.
The figures for Lynnfield include the places inside it that have pages of their own: Lynnfield (community).
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lynnfield
How much are property taxes in Lynnfield?
The median real estate tax paid by homeowners in Lynnfield, MA is $10,000 or more a year (2020–2024 American Community Survey).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lynnfield town, Essex County, Massachusetts
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lynnfield town, Essex County, Massachusetts
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lynnfield town, Essex County, Massachusetts
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lynnfield town, Essex County, Massachusetts
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lynnfield town, Essex County, Massachusetts
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lynnfield town, Essex County, Massachusetts (county subdivision:37560, in state:25 county:009).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.
The API needs a free key.
B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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