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What is the residential tax rate in Somerville, 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 15 2 minutes read

What is the 2024 residential tax rate in Somerville, MA?

What is the 2024 residential tax rate in Somerville, Massachusetts?

For 2024, the residential tax rate in Somerville, MA is $10.65 per $1,000 of assessed value.

The 2024 Somerville residential tax rate of $10.65 per $1,000 of assessed value is an increase of 31 cents from 2023. (The 2023 tax rate was $10.34 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 2023 the Somerville residential exemption is $385,327.
The full residential exemption reduces a Somerville homeowner's taxes by $4,053.64 in 2024.
The residential exemption is for owners who reside in their Somerville property.

CLICK HERE to enter the Somerville online assessor's database and look up any residential property

CLICK HERE for answers from the City of Somerville to frequently asked questions about assessing



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