FY20 Residential Taxes in MAHow does your current residential tax rate compare to nearby cities and towns?

  • Cambridge, MA continues to offer one of the lowest residential tax rates in the Commonwealth at 5.75% (per $1,000 of assessed value).
  • The annual residential exemption savings of $3,269.00 in Somerville, MA remains one of the most generous to homeowners living in their primary residence.
  • Boston and Brookline residential taxes increased slightly from FY19 to FY20; taxes decreased in all of the other cities and towns used for this comparison.

To see a comparison of tax rates and residential exemption savings (where applicable) for Arlington, Belmont, Boston, Brookline, Cambridge, Medford, Somerville, Waltham and Watertown, Massachusetts … view the FY20 Residential Tax Comparison by Tamela (pdf).

In Massachusetts, real estate tax rates are set annually during the city/town budget process and require state approval.  Many cities and towns offer a variety of real estate tax exemptions and some (but not all) offer a “Residential Exemption” which can significantly lower the annual residential tax for homeowners who occupy their primary residence.

To learn more about residential taxes in Massachusetts including the residential exemption savings (where applicable) and links to city or town Assessor websites, read more About MA Real Estate Taxes.