Springfield anchors western Massachusetts with a healthcare, insurance, and manufacturing economy, offering the state's most affordable major-city home prices. The city's property tax rate is among the highest in Massachusetts.
Recommended for incomes above $80k/yr (28% DTI rule)
Springfield housing market
The 1.68% property tax rate reflects the county-level effective rate for Springfield and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Massachusetts average — county-level data produces more accurate monthly payment estimates for Springfield buyers. Many Springfield properties also carry HOA fees — the area average is approximately $50/month, which is not included in the calculator above.
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