Real Estate

How Do Belmont's Property Tax Bills Compare to Nearby Towns?

The Boston Business Journal recently looked at average property tax bills throughout the state.

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Curious about how Belmont’s property tax bills compare to nearby towns? The Boston Business Journal recently compiled a report on average property tax bills in communities across the commonwealth.

According to the report, “A Boston Business Journal analysis has highlighted wide disparities in the average property-tax bills paid by homeowners throughout the commonwealth, with many communities in the wealthier suburbs around Boston posting average levels that are two-to-three times the state median of $3,533.”

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So how does Belmont’s 2014 average property tax bill compare to nearby towns? (First number is “statewide rank.”)

1.) Weston, $17,832

Find out what's happening in Belmontfor free with the latest updates from Patch.

9.) Lexington, $11,481

13.) Belmont, $10,566

14.) Winchester, $10,195

48.) Arlington, $7,099

338.) Hancock, $674

According to the report, Belmont’s average property tax bill increased by 2 percent from 2013 and 55 percent from 2003.

Boston Business Journal: The cities and towns with biggest property tax bills in Massachusetts

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