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Watertown Property Taxes

Friday, November 30, 2012

How Does Watertown's Tax Rate Compare to Other Communities?

Watertown's tax rate was $14.40 in Fiscal 2012, and the average tax bill was $4,730 - see how it looks compared to neighboring towns and cities.

  Property taxes always seem to be on the rise, and this year is no exception in Watertown where the rate will rise 4.5 percent in 2013. But how do tax bills in Watertown compare to neighboring communities? In 2012, Watertown residents paid a higher rate – $14.40 per $1,000 in assessed value – than surrounding towns, but Francis Golden, chairman of the Watertown Board of Assessors said that does not provide a clear picture.  If you look at the average tax bill, Golden said, Watertown's residential property tax bills fall in the middle of the pack. Town residents pay about half the amount of Belmont and Newton and two-thirds the amount of Arlington. This occurs because homes are worth different amounts depending on the community. "While it …

Nathanael Pine

10:34 am on Saturday, December 1, 2012

Cheryl asks an excellent question.   more ›

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