Board of Assessors

Responsibilities

Assessors are required by Massachusetts Law to list and value all real and personal property. The Department commits Motor Vehicle excise tax, administers farming, recreational and foresting programs, processes exemptions and abatements, maintains a mapping system for assessment purposes and maintains the computer based inventory and property records, for all land, buildings and businesses within the Town of Hampden.

FY2023 Tax Rate = $16.87

Changes In Assessed Values 

The average single-family home in Hampden has increased in value from $309,000 to $346,000 for fiscal year 2023. This represents about a 12% increase. The rise in property value for the average single-family home is based off of the data that has been collected from sales of similar homes in town.

As the values have increased on many properties, the tax rate has gone down. The tax rate has decreased from $18.72 in fiscal year 2022 to $16.87 in fiscal year 2023.

Below is an example of how these changes could affect a tax bill.

FY2022

Average single-family home    =      $309,000

x   FY2022 Tax Rate               =      x   $18.72

                                                        $5,784.48      -   FY2022 Taxes

FY2023

Average single-family home    =      $346,000

 x   FY2023 Tax Rate               =     x   $16.87  

                                                        $5,837.02      -   FY2023 Taxes

Using this example, the annual real estate tax bill for the average single-family home would increase by $52.54.

This increase would be reflected in the last two quarterly bills of the fiscal year. For fiscal year 2023, these would be the bills that are due on February 1^st and May 1^st of 2023. The bills that were paid on August 1^st and November 1^st have already been deducted from the total for the fiscal year and the difference is split between these last two quarters.                                         

Please note that the example used may not reflect the actual change in value for your home. To find the change in value on your property, please look to your FY2022 and your FY2023 bills.

If you have any questions regarding the assessment of your property, please contact the Assessor's Office @ (413) 566-2151 x 106.