How Do Property Taxes in Reading Compare to Nearby Towns?

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Curious about how Reading’s property taxes compare to that of surrounding towns? The Boston Business Journal has compiled an analysis highlighting property taxes in communities across the Commonwealth.

The new report details “disparities in the average property-tax bills paid by homeowners throughout the Commonwealth, with many communities in the wealthier suburbs around Boston posting average levies that are two-to-three times the state median of $3,533,” the report reads.

About 14 communities had average tax bills of about $10,000 for single-family homes, compared to 13 communities in 2014, according to BBJ, with Duxbury seeing the largest year-over-year increases in its average property tax.

So, how do Reading’s 2014 property taxes compare to towns nearby?

The average property tax bill for Reading’s residents in 2014 was listed as $6,576, according to BBJ. The numbers rank Reading at 54th on BBJ’s list of cities and towns with biggest property tax bills in Massachusetts, and show a 2 percent change in residents’ property tax bills from 2013 (while also showing a 61 percent change since 2003.

Property taxes in Woburn, by comparison, were listed by BBJ at $3,571, while Andover’s taxes were listed at $8,343 for 2014; North Andover’s were listed at $6,738.

For more details on Reading’s property taxes from the BBJ, click here.