Needham Property Tax Overview
Needham, Massachusetts has a FY2025 residential property tax rate of $10.60 per $1,000 of assessed value. That works out to about $1,060 in annual tax for every $100,000 of assessed home value.
On a median-priced Needham home (around $1.76M), the estimated annual property tax bill is $18.6K, or roughly $1,553 per month. Your actual bill depends on your home's assessed value, which can differ from its market price.
At $10.60 per $1,000, Needham's rate is 15% below the Massachusetts statewide average of about $12.40. Property tax rates are set annually by each city or town and fund local schools, public safety, and services.