Do you want content like this delivered to your inbox?
Share
Share

What is the residential tax rate in Cambridge, MA?

Charles Cherney

Passionate about teaching after graduating from Harvard, I ultimately found myself drawn into the world of real estate in Cambridge and Somerville...

Passionate about teaching after graduating from Harvard, I ultimately found myself drawn into the world of real estate in Cambridge and Somerville...

Jan 14 2 minutes read

What is the 2023 residential tax rate in Cambridge, MA?

For fiscal year 2023, the residential tax rate in Cambridge, MA is $5.86 per $1,000 of assessed value.

The 2023 residential tax rate in Cambridge reflects a decrease from 2023 of 6 cents per $1,000 of assessed value, or 1%.

For fiscal year 2023, the residential exemption is $470,823. The full residential exemption reduces a homeowner's taxes by $2,759 in 2023. 

The residential exemption is for owners who reside in their Cambridge property and file a Massachusetts income tax return using that address. 

You are eligible for a residential exemption if you owned and occupied your property as your primary residence as of January 1, 2022.

More than two-thirds of residential properties in Cambridge are owner-occupied.

Click here for more information on City of Cambridge 2023 residential taxes

Click here to enter the Cambridge Property Database to look up any Cambridge property

City of Cambridge residential tax rate information from 1998 through 2020.

Every Moment Matters
Here to Help You
Buy the Right Home +
Sell for the Best Price

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info