Cost of Living & Housing in Deerfield
Deerfield's cost of living pairs genuinely affordable Pioneer Valley housing with a real, disclosed above-average property tax rate.
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Learn moreGenuinely affordable housing relative to the Massachusetts average
Deerfield's 2026 typical home value ran $413,986 per Zillow (up 2.4% year-over-year) -- meaningfully below Massachusetts's statewide average home value ($667,265, per massachusetts.js), consistent with the Pioneer Valley's real, disclosed comparative affordability within the state (base record).
A real, above-average effective property tax rate
Deerfield's 2026 effective property tax rate ran 1.50% of market value (Ownwell, closely consistent with Franklin County's own 1.47% county-wide median) -- meaningfully above both the national median (1.02%) and the Massachusetts statewide median (1.15%), producing a median annual bill of approximately $4,836 on the town's FY2026 rate of $13.45 per $1,000 of assessed value (base record).
A real, recent local tax bill increase
The Deerfield Selectboard's FY2026 rate rose 20 cents from FY2025, and the Daily Hampshire Gazette reported a real, disclosed average tax bill increase of approximately $382 for the year (base record).
Massachusetts's statewide tax structure applies on top
Deerfield's local property tax sits on top of Massachusetts's statewide flat 5% income tax (with a 4% surtax above $1,107,750) and single 6.25% sales tax, per massachusetts.js.
Key takeaways
- Deerfield's 2026 typical home value ($413,986) runs well below the Massachusetts statewide average ($667,265).
- Deerfield's effective property tax rate (1.50%) runs above both the national (1.02%) and Massachusetts (1.15%) medians.
- Deerfield's median annual property tax bill runs approximately $4,836, up roughly $382 for FY2026.
- Massachusetts's statewide flat 5% income tax and 6.25% sales tax apply on top of Deerfield's own local property tax rate.
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