How Do Medford's Property Tax Bills Compare to Nearby Cities, Towns?

Curious about how Medford’s property tax bills compare to nearby cities and towns? The Boston Business Journal recently compiled a report on average property tax bills in communities across the commonwealth.

According to the report, “A Boston Business Journal analysis has highlighted wide disparities in the average property-tax bills paid by homeowners throughout the commonwealth, with many communities in the wealthier suburbs around Boston posting average levels that are two-to-three times the state median of $3,533.”

So how does Medford’s 2014 average property tax bill compare to nearby cities and towns? (First number is “statewide rank.”)

1.) Weston, $17,832

14.) Winchester, $10,195

48.) Arlington, $7,099

94.) Melrose, $5,383

96.) Stoneham, $5,297

151.) Medford, $4,488

222.) Revere, $3,710

338.) Hancock, $674

According to the report, Medford’s average property tax bill increased by 4 percent from 2013 and 51 percent from 2003.

Boston Business Journal: The cities and towns with biggest property tax bills in Massachusetts