Medfield Property Taxes Increase 2.5 Percent

MEDFIELD, MA — The average Medfield homeowner will see their property tax bill increase $296.39 after property tax rates for fiscal year 2020 were set this month. Town officials approved a residential tax rate of $17.83 per $1,000 of assessed value.

This is down from last year's rate of $17.87 per $1,000, but most people will see an increase to their tax bill because of rising property values.

The average homeowner will see their property taxes go up by about 2.5 percent, despite the decreased rate, because the average value of a single-family home in Medfield rose to 676,500. Last year, the average value was $658,400.