For fiscal year 2023, the residential tax rate in Cambridge, MA is $5.86 per $1,000 of assessed value.

The 2023 residential tax rate in Cambridge reflects a decrease from 2022 of 6 cents per $1,000 of assessed value, or 1%.

For fiscal year 2023, the residential exemption is $470,823. The full residential exemption reduces a homeowner's taxes by $2,759 in 2023. The residential exemption is for owners who reside in their Cambridge property and file a Massachusetts income tax return using that address. You are eligible for a residential exemption if you owned and occupied your property as your primary residence as of January 1, 2021. More than two-thirds of residential properties in Cambridge are owner-occupied.

CLICK HERE for more information on 2023 City of Cambridge residential taxes.

CLICK HERE for city of Cambridge residential tax rate information from 1998 through 2020.

I help buyers buy and sellers sell in Cambridge and Somerville, MA. Here to help you. Let's talk.

Call me at 617-733-8937 or email me.

See frequently asked questions and my answers to them at AskCharlesCherney.com

Check out the Cambridge Somerville Buy Sell Report at CharlesCherneyBuySellReport.com