For 2018, the residential tax rate in Somerville, MA is $11.32 per $1,000 of assessed value.
The 2018 Somerville residential tax rate of $11.32 per $1,000 of assessed value is a decrease of 35 cents (2.8%) from 2017. (The 2017 tax rate was $11.67 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 2018 the Somerville residential exemption is $254,867.
The full residential exemption reduces a Somerville homeowner's taxes by $2,885.09 in 2018.
The residential exemption is for owners who reside in their Somerville property.
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