What is the residential tax rate
in Somerville, Massachusetts?
For 2020, the residential tax rate in Somerville, MA is $10.09 per $1,000 of assessed value.
The 2020 Somerville residential tax rate of $10.09 per $1,000 of assessed value is a decrease of 67 cents (6%) from 2019. (The 2019 tax rate was $10.76 per $1,000 of assessed value.)
The Fiscal Year is July 1 to June 30.
Taxes collected quarterly in August, November, February, and May.
For fiscal year 2020 the Somerville residential exemption is $324,011
The full residential exemption reduces a Somerville homeowner's taxes by $3,269.27 in 2020.
The residential exemption is for owners who reside in their Somerville property.
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