Average North Andover Tax Bill To Increase $337 In FY2021

NORTH ANDOVER, MA — The average single family home's tax bill will increase by around $337 in Fiscal Year 2021, after the selectmen set the tax shift Monday.

Residential property values increased a modest amount, with the median single family home being valued at $560,714, up just over 1 percent. The median tax bill will be around $7945.32.

The selectmen voted for a 1.3 commercial tax shift, meaning commercial property owners will pay 130 percent of what they would if there was a uniform rate. Residential homes will be taxed at a rate of 14.17 mills, up from 13.74 in Fiscal Year 2019.

Town officials recommended the 1.3 commercial shift, which results in a roughly equal tax increase for both commercial and residential properties.

Fiscal Year 2021 property assessments are based on Jan. 1 values and precede the coronavirus pandemic.

The full meeting video is available here via North Andover GovCAM. The tax classification presentation is available here.

Christopher Huffaker can be reached at 412-265-8353 or chris.huffaker@patch.com.