Hubbardston Financial Benchmarks

Welcome to the Benchmarks Portal

This portal allows Hubbardston residents to explore how our town's financial metrics compare to neighboring communities across key indicators including home values, tax rates, and overall tax burden.

Financial benchmarking provides valuable context for understanding Hubbardston's fiscal position within our region. By comparing tax rates, home values, and tax bills with neighboring municipalities, we gain insights into our town's relative tax burden and the overall value proposition for residents.

Use the year selector below to view historical data going back to 2005, and explore how our town has evolved financially over time.

Average Home Value
$412,176
Hubbardston
Average Tax Bill
$4,814
Hubbardston
Tax Rate
$11.70
per $1,000 assessed value
State Ranking
282
of 351 municipalities
Regional Comparison
Historical Trends
Tax Analysis

Regional Comparison: FY 2025

This table shows how Hubbardston compares to neighboring communities in terms of home values, tax rates, and overall tax burden. Higher rank numbers indicate lower tax bills relative to other municipalities.

Municipality Home Value Tax Rate (per $1,000) Tax Bill State Rank
Hubbardston $412,176 $11.70 $4,814 282
Barre $359,207 $13.10 $4,717 285
Berlin $659,860 $10.10 $6,692 142
Bolton $820,577 $9.50 $7,794 87
Boylston $647,688 $11.30 $7,328 125
Harvard $874,114 $13.40 $11,672 11
Princeton $512,481 $11.50 $5,894 176
Sterling $487,521 $10.80 $5,265 209

Historical Trends (2005-2025)

This table shows how Hubbardston's key financial metrics have evolved over time. The data reveals trends in home values, tax rates, and overall tax burden.

Fiscal Year Home Value Tax Rate (per $1,000) Tax Bill State Rank
2025 $412,176 $11.70 $4,814 282
2024 $403,232 $11.80 $4,754 270
2023 $354,932 $13.00 $4,625 264
2022 $315,258 $14.00 $4,414 266
2021 $286,533 $14.80 $4,244 246
2020 $278,987 $14.80 $4,135 248
2019 $257,471 $15.20 $3,919 254
2018 $246,161 $15.10 $3,724 262
2017 $246,291 $15.20 $3,751 245
2016 $214,110 $15.90 $3,404 271
2015 $226,863 $14.90 $3,385 260

Tax Rate vs. Home Value Analysis

This analysis examines the relationship between home values and tax rates in our region. The data generally shows that communities with higher property values tend to have lower tax rates, while still collecting more per household due to the higher assessments.

Municipality Home Value Tax Rate (per $1,000) Tax Bill Effective Rate*
Hubbardston $412,176 $11.70 $4,814 1.17%
Harvard $874,114 $13.40 $11,672 1.34%
Bolton $820,577 $9.50 $7,794 0.95%
Boylston $647,688 $11.30 $7,328 1.13%
Berlin $659,860 $10.10 $6,692 1.01%
Princeton $512,481 $11.50 $5,894 1.15%
Sterling $487,521 $10.80 $5,265 1.08%
Barre $359,207 $13.10 $4,717 1.31%
* Effective Rate = Tax Bill / Home Value (expressed as percentage)

Key Findings from the Analysis

Looking at the data across municipalities reveals some interesting patterns:

  • Towns with higher property values (like Bolton) often have lower tax rates but still collect more per household.
  • Hubbardston maintains a competitive tax rate of $11.70 per $1,000, which positions us favorably compared to similarly-sized communities.
  • While some neighboring towns have lower tax rates, their significantly higher property values result in much higher average tax bills.
  • Our state ranking of 282 (out of 351) indicates that Hubbardston residents have relatively lower tax bills compared to most Massachusetts municipalities.

This analysis helps us understand Hubbardston's position within the regional tax landscape and informs our ongoing efforts to balance service delivery with fiscal responsibility.

Key Insights

Since 2005, Hubbardston's home values have increased 74.6% while tax bills have increased 89.5%. The tax rate peaked at $15.90 per $1,000 in 2016 and has since decreased to $11.70 per $1,000 in 2025.

Compared to neighboring communities, Hubbardston maintains lower tax bills than most towns in the region while providing essential services. This balanced approach has allowed for controlled growth while maintaining fiscal stability.

The town's state ranking has improved slightly over the past 20 years, moving from 249th to 282nd position (where higher numbers indicate lower tax bills relative to other municipalities).