Categories: Bedford

Average homeowner in Mass. to see taxes rise 4% | Bedford Real Estate

Property taxes are on the rise in Massachusetts, with the average bill on a single-family home increasing by about $206 this year, as home assessments and the cost of services by cities and towns continue to go up.

The average property tax bill for a single-family home this year is $5,438, or 3.9 percent higher than last year’s average of $5,232, according to a Globe analysis of 328 of the state’s 351 communities for which comparable data were available.

The average assessed value of a single-family home in those communities has risen a similar amount, about 3.8 percent, to $383,606.

Forty-six of the 328 communities can expect bills to increase on average by 6 percent or more, the Globe review found.

Statewide, increases range from less than 1 percent in more than a dozen communities to as much as 17 percent in the city of Chelsea; or from as little as $3 in Bridgewater to as much as $825 in Brookline.

Boston homeowners will see a $15 increase in their bills on average. Among other nearby communities, bills in Lexington will rise, on average, by $764; in Newton by $637; in Somerville by $166; and in Cambridge by $29.

The average bill is decreasing in just 16 municipalities. Ten other communities have not set their tax rates

 

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http://www.bostonglobe.com/metro/2016/01/18/mass-homeowners-billed-more-property-taxes-average-this-year/I7Qr7Hp3mhn3av1gaoQUgP/story.html?s_campaign=email_BG_TodaysHeadline&s_campaign=

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Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

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