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Taxes in Milford, Massachusetts

Complete tax guide for Milford, MA. State income tax up to 5%, 1.17% property tax, 8.97% sales tax. Calculate your total tax burden.

State Income Tax

5%

Massachusetts

Property Tax

1.17%

Effective rate

Sales Tax

8.97%

Combined rate

Tax Burden

High

Milford, MA Tax Overview

Population

28,834

Median Income

$87,100

Cost of Living

120.8 (100 = avg)

State Income Tax

5%

Median Home Price

$577,000

Milford Tax Calculator

Pre-filled with Milford median: $87,100

Total Tax Burden in Milford

$21,794

Take-Home: $65,306 · Effective Rate: 25.02%

Federal Tax

$10,776

12.37% eff.

MA State

$4,355

5.00% eff.

FICA

$6,663

7.65% eff.

Take-Home

$65,306

74.98% kept

Tax Breakdown

Take-Home 74.98%
Federal
MA
FICA
Take-Home Federal Tax MA State Tax FICA
ItemAnnualMonthly
Gross Income$87,100.00$7,258.33
Federal Income Tax-$10,776.00-$898.00
Massachusetts State Tax-$4,355.00-$362.92
Social Security (6.2%)-$5,400.20-$450.02
Medicare (1.45%)-$1,262.95-$105.25
Take-Home Pay$65,305.85$5,442.15

Property Tax in Milford

Median Home

$577,000

Annual Tax

$6,751

Monthly Tax

$563

Effective Rate

1.17%

vs. National Average (1.1%)+$404/yr
Median Property Tax Paid$6,751/yr

Sales Tax in Milford

Combined Rate

8.97%

State Portion

~6.5%

Local Portion

~2.5%

The combined sales tax rate in Milford is 8.97%, which is above the national average of 7.12%. On a $100 purchase, you would pay $8.97 in sales tax.

Tax Burden Comparison

Tax TypeMilfordMassachusetts AvgNational Avg
Income Tax5%5%4.6%
Property Tax1.17%~1.17%1.1%
Sales Tax8.97%~8.97%7.12%
Overall BurdenHighModerate

About Taxes in Milford

Milford has a population of approximately 28,834 residents with a median household income of $87,100. The cost of living index is 120.8 (20.8% higher than the national average of 100).

Tax burden classification: High. Effective combined tax rate of 30.7% includes federal, state, FICA, property, and sales taxes for a typical Milford household.

Official Tax Resources for Massachusetts

For authoritative Massachusetts tax forms, filing deadlines, and the latest legislative updates, consult these official government resources:

Tax Saving Tips for Milford Residents

  • Massachusetts's income tax rate of 5% is competitive. You may still benefit from maximizing 401(k) contributions ($23,500 limit) to reduce your taxable income at both state and federal levels.
  • Property tax in Milford (1.17%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
  • The combined sales tax rate of 8.97% is relatively high. Consider making large purchases in lower-tax jurisdictions or online retailers that do not charge local tax rates.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,400 individual, $8,750 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Sources & Methodology

Tax rate data on this page is compiled from official government sources and updated for the 2026 tax year. Calculations follow the IRS-published 2026 federal tax brackets, FICA rates (6.2% Social Security up to $176,100 wage base, 1.45% Medicare), and Massachusetts state tax provisions. Property tax estimates use Milford's median home value of $577,000and the local effective property tax rate of 1.17%.

Disclaimer: Estimates are for informational purposes only. Actual tax liability depends on filing status, deductions, credits, and individual circumstances. Consult a licensed tax professional or your state revenue agency for binding tax guidance.

Reviewed by LevyIO Tax Research Team · Published 2026-01-15 · Last updated 2026-04-30

Calculate Your Full Massachusetts Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in Milford, MA?

Milford, Massachusetts has a state income tax rate up to 5%. The property tax rate is 1.17% and the combined sales tax rate is 8.97%.

How much is property tax in Milford?

The effective property tax rate in Milford is 1.17%. On the median home price of $577,000, this equals approximately $6,751 per year or $563 per month. This is above the national average of 1.1%.

What is the sales tax rate in Milford?

The combined sales tax rate in Milford is 8.97%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.

How does Milford's tax burden compare to other cities?

Milford has a high overall tax burden. The effective total tax rate for a median-income household is approximately 30.7%. The combination of 5% state income tax, 1.17% property tax, and 8.97% sales tax determines the total burden. Cost of living index is 120.8 (100 = national average).

Are there any local taxes in Milford?

Milford does not impose a separate local or city income tax. Residents pay the state income tax of 5%, federal income tax, and FICA (Social Security and Medicare).