Average Newton Property Tax Bill Is $9,907

Curious about how Newton’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 average property tax bill in Newton is $9,907, the 15th-highest on the journal’s list of cities and towns with the biggest property tax bills in Massachusetts. Here’s how that figure compares to surrounding communities:

• Weston: $17,832
  
• Belmont: $10,566
• Needham: $8,765
• Wellesley: $12,469

Newton’s tax rate is $12.12 and the average home assessment is $817,396

The journal’s 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.”

Read the Boston Business Journal report

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