Tax Rates By Municipality: How Does Medford Compare?

, approving a 63 cent rise in residential property tax and a $1.29 increase in the commercial, industrial and personal property tax.

Medford's residential tax rate is $1.13 lower than the average tax rate of 23 communities in the region, and its CIP rate is $1.08 lower. The average residential rate in the region went up 72 cents and the average CIP rate went up $1.52

How does Medford compare to nearby municipalities? Take a look here:

Community Residential Tax Rate
Commercial and Industrial Tax Rate

Residential

Exemption

2010 2011 2010 2011   Everett $13.51 $15.89 $37.02 $43.74 20% Lynn $15.53 $16.22 $31.05 $33.41
Boston $11.88 $12.79 $29.38 $31.04 30% Burlington $10.90 $11.50 $29.70 $30.80
Billerica $12.53 $13.47 $28.47 $30.75
Chelsea $12.09 $12.92 $29.00 $30.60 20% Waltham $12.54 $13.09 $28.67 $30.43 20% Lowell          
$13.27 $14.27 $27.46 $29.73
Salem $14.01 $15.05 $26.93 $29.08
Wilmington $11.53 $11.88 $27.17 $28.10
Lexington $13.86 $14.34 $26.21 $27.23
Woburn $10.32 $10.30 $26.10 $26.34
Malden $12.39 $13.58 $21.38 $23.68 20% Wakefield $10.88 $11.46 $21.97 $23.32
Medford $10.98 $11.61 $21.69 $22.98   Somerville $12.30 $12.71 $20.44 $21.21 30% Cambridge $7.72 $8.16 $18.75 $19.90 30% Stoneham $11.49 $12.21 $18.87 $19.63
Melrose $12.07 $12.46 $18.29 $19.01
Brookline $10.97 $11.30 $17.80 $18.30 20% Belmont $12.16 $13.24 $12.16 $13.24
Arlington $12.11 $12.41 $12.11 $12.41
Winchester $11.51 $12.10 $10.82 $11.35
Average Tax Rate $12.02 $12.74 $23.54 $25.06



Data provided by Medford Assessor's Office. The 2011 rates have been submitted to the Department of Revenue but are still subject to state approval.