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Tax Rates

Monday, January 7, 2013

2013 Tax Rates by Municipality: How Do Reading and North Reading Compare?

Reading and North Reading's residential tax rate is higher than the average rate for the coming year in other towns and cities surveyed.

As 2013 begins, property tax rates are increasing for residents across Massachusetts, including in Reading and North Reading—so how does that compare to surrounding communities? Out of 27 communities in the area, Reading and North Reading's 2013 residential tax rate lands among the higher rates, according to rates compiled by Patch through the state Department of Revenue's Division of Local Services. Chelmsford's 2013 residential tax rate of $17.95 is the highest of the communities surveyed. Cambridge continues to levy the lowest residential taxes, with a 2013 rate of $8.66 (Cambridge also adopts a residential exemption). The average residential tax rate for those communities surveyed was $13.09 in 2012 and has risen to $13.58 for this …

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