Real Estate

How do Medfield's Property Taxes Compare to Nearby Towns?

Find out in a new report from the Boston Business Journal.

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Curious about how Medfield’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.

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

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 Medfield’s 2014 property taxes compare to towns nearby?

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

The average property tax bill for Medfield residents in 2014 was listed as $9,182, according to BBJ. The numbers rank Medfield as 21st on BBJ’s list of cities and towns with biggest property tax bills in Massachusetts, and show a 4-percent change in residents’ tax bills from 2013 (while also showing a 51-percent change since 2003).

Property taxes in Millis, by comparison, were listed by BBJ at $5,802, while Walpole taxes were listed at $6,405 for 2014; Dover’s were listed at $13,245

For more details on Milford’s property taxes, click here.

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