How Do Melrose's Property Tax Bills Compare to Nearby Cities, Towns?

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Curious about how Melrose’s property tax bills compare to nearby cities and 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.”

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

1.) Weston, $17,832

14.) Winchester, $10,195

94.) Melrose, $5,383

96.) Stoneham, $5,297

105.) Wakefield, $5,161

151.) Medford, $4,488

209.) Saugus, $3,789

338.) Hancock, $674

According to the report, Melrose’s average property tax bill increased by 3 percent from 2013 and 49 percent from 2003.

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