What is the 2023 residential tax rate
in Cambridge, Massachusetts?
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.
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