Rising real estate values are once again driving significantly higher City of Boston property taxes for fiscal 2019. Area homeowners are seeing a consistent mid-to-high single digit assessment increase from the city’s mailing of its recent property tax bills due on February 1st. The median home value in the North End is $717,800, according to Read More…
Tag: Property Tax
Mayor’s Column: Helping Boston’s Homeowners (Residential Property Tax Cut)
By Mayor Martin J. Walsh When I ran for Mayor, I knew I wanted to make Boston a city where every resident can afford to live, work and raise a family. Since I’ve been elected, Boston has grown — fast. Our population is expanding rapidly and we’re expected to reach over 700,000 residents by 2030. Read More…
Another Year, Another Real Estate Property Tax Increase From the City of Boston
For Fiscal Year 2012, the residential property tax rate will increase about 2% over last year (to $13.04 per thousand dollars of valuation from $12.79 in FY11, $11.88 in FY10 and $10.87 in FY09). Commercial property owners will also see a rate increase of 3% (from $31.04 in FY11 to $31.92 per thousand dollars of Read More…