Norwood Property Tax Overview
Norwood, Massachusetts has a FY2025 residential property tax rate of $10.52 per $1,000 of assessed value. That works out to about $1,052 in annual tax for every $100,000 of assessed home value.
On a median-priced Norwood home (around $720K), the estimated annual property tax bill is $7.6K, or roughly $632 per month. Your actual bill depends on your home's assessed value, which can differ from its market price.
At $10.52 per $1,000, Norwood'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.