What is the residential tax rate
in Somerville, Massachusetts?
What is the residential tax rate in Somerville, Massachusetts?
For fiscal year 2017, the residential tax rate in Somerville, MA
is $11.67 per $1,000 of assessed value.
- The 2017 Somerville residential tax rate of $11.67 per $1,000 of assessed value is a decrease of 86 cents (6.9%) from 2016. (The 2016 tax rate was $12.53 per $1,000 of assessed value.)
- The fiscal year in Somerville, MA is July 1 to June 30.
- Residential taxes in Somerville, MA are collected quarterly in August, November, February, and May.
For fiscal year 2017, the Somerville residential exemption is $235,399.
The full residential exemption reduces a Somerville homeowner's taxes by $2,747.11 in 2017.
The residential exemption is for owners who reside in their Somerville property.
CLICK HERE to enter the Somerville online assessor's database and look up any residential property.
CLICK HERE for answers from the City of Somerville to frequently asked questions about assessing.
CLICK HERE to access City of Somerville assessing information found on city website.
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