Marblehead Raises Residential Property Taxes By 3 Percent

MARBLEHEAD, MA — The average Marblehead homeowner will see their property tax bill increase $264 after Selectmen approved a three percent increase Wednesday. Selectmen unanimously approved a tax rate of $10.39 per $1,000 of assessed value for both commercial and residential properties. The average residential tax bill in Marblehead will be $9,070 next year.