Property Tax rate Comparisons, Including Somereville and Winchester

How does Medford's property tax rate compare to other communities?

Below is a list of residential tax rates payed by residents in neighboring communities. Not all municipalities have set their FY14 rates yet and those communities will be indicated with an "FY13" marker. Most communities do not vary wildly from year to year. 

The information has been gathered from Patch sites and town web pages. 

Area community residential tax rates: 

• Woburn - $10.47 per $1,000 of assessed value. 
  
• Waltham - $13.43 per $1,000 of assessed value. 
• Lincoln - $14.41 per $1,000 of assessed value. 
• Lexington $15.51 per $1,000 of assessed value. 
• Bedford - $15.71 per $1,000 of assessed value. 
• Watertown - $15.98 per $1,000 of assessed value. 
• Medford - $12.36 per $1,000 of assessed value (FY13). 
• Belmont - $13.33 per $1,000 of assessed value (FY13). 
• Arlington - $13.61 per $1,000 of assessed value (FY13). 
• Wilmington - $13.61 per $1,000 of assessed value (FY13). 
• Concord - $14.07 per $1,000 of assessed value (FY13). 
  
• Reading - $14.94 per $1,000 of assessed value (FY13). 
  
• North Reading - $14.98 per $1,000 of assessed value (FY13). 
• Malden - $15.88 per $1,000 of assessed value (FY13). 

Interesting.  Very intereesting.  
The following vlues were pulled from the Winchester and Somerville Assessors websites:
     * Somerville - $12.66 per $1,000 of assessed value (FY14)
     * Winchester - $12.77 pr $1,000 of assessed value (FY13)

Posted by Richard Hosford (Editor) , December 09, 2013 at 08:19 PM Lexington Patch
The Lexington Board of Selectmenapproved an FY14 residential property tax rate of $15.51 per $1,000 of assessed value earlier this month