Nantucket Property Tax Rates

2026 Nantucket Property Tax Rates

Town of Nantucket 2026 Budget*

The Town of Nantucket has set the Fiscal Year (FY) 2026 property tax rates at $12.81 per $1,000 of assessed value for all property classes. This is a single, uniform tax rate for residential and commercial properties. The official rates for FY 2026 (based on market values as of January 1, 2025) are as follows:

• Residential: $12.81 per $1,000 of assessed value

• Commercial: $12.81 per $1,000 of assessed value

• Industrial: $12.81 per $1,000 of assessed value

The tax rate has decreased from the FY 2025 rate of $13.06 per $1,000.

• Uniform Rate: Nantucket maintains a single, uniform tax rate for commercial and residential properties to be "business-friendly".

• Tax Bills May Increase: Despite a slight decrease in the rate per thousand, the average residential tax bill is expected to increase due to rising property values. The average single-family home value in Nantucket increased in FY 2026.

*Information courtesy of Rob Ranney, Nantucket Town Assessor

You can calculate your tax rate using the Town of Nantucket's Tax Rate Calculator.

Click below to make a tax payment with the Town of Nantucket.