Peabody Property Tax Overview
Peabody, Massachusetts has a FY2025 residential property tax rate of $9.26 per $1,000 of assessed value. That works out to about $926 in annual tax for every $100,000 of assessed home value.
On a median-priced Peabody home (around $610K), the estimated annual property tax bill is $5.6K, or roughly $471 per month. Your actual bill depends on your home's assessed value, which can differ from its market price.
At $9.26 per $1,000, Peabody's rate is 25% 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.