What is the residential tax rate
in Cambridge, Massachusetts?
What is the residential tax rate in Cambridge, Massachusetts?
For fiscal year 2017, the residential tax rate in Cambridge, MA
is $6.49 per $1,000 of assessed value.
The 2017 residential tax rate in Cambridge reflects a decrease from 2016 of 50 cents or 7.2%.
For fiscal year 2017, the residential exemption is $315,191. The full residential exemption reduces a homeowner's taxes by $2,045.59 in 2017. 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, 2016. More than two-thirds of the residential property in Cambridge is owner-occupied.
The city of Cambridge has created a handy reference for how to read your Cambridge, MA tax bill. CLICK HERE to understand how to read your Cambridge property tax bill 2017.
CLICK HERE for city of Cambridge residential tax rate information from 2006 through 2017.
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