Boston Property Taxes Decrease in 2009

Property taxes in Boston continue to decrease, with a 2009 tax rate of $10.69 per $1,000 of assessed value, down from last year’s $10.97 per $1,000 of assessed value.  Assessed values appear to be staying steady, which equates to a decrease in an absolute sense for taxes paid by downtown Boston homeowners.  Additionally, residents who maintain their Boston home as their primary residence qualify for a residential exemption, lowering tax bills by as much as $1,500+ per year.  For an up to date example of how to calculate taxes for your condo, as well as a historical look at tax rates in Boston, visit our newly updated Boston property taxes article.