For 2019, the residential tax rate in Somerville, MA is $10.76 per $1,000 of assessed value.
The 2019 Somerville residential tax rate of $10.76 per $1,000 of assessed value is a decrease of 56 cents (5%) from 2018. (The 2018 tax rate was $11.32 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 2019 the Somerville residential exemption is $288,539.
The full residential exemption reduces a Somerville homeowner's taxes by $3,104.68 in 2019.
The residential exemption is for owners who reside in their Somerville property.
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