2024
How was MY assessment calculated? Q&A with Marblehead Assessor Karen Bertolino
This third article in the series explains how assessments are calculated on individual properties
My Marblehead Current article on Property Taxes
The first two articles expain how the tax rate is calculated and where property taxes fit in the Town’s budget
2023
Marblehead FY 2024 Property Tax Explained
Marblehead’s property tax rate for FY 2024 (July 1, 2023- June 30, 2024) has been set at $8.96, down from $10.00 in FY 2023 following a dramatic 16% increase in Assessed Values.
How Marblehead’s FY 2023 Property Tax Rate is Calculated
The FY 2023 tax rate for both residential and commercial property will drop from $10.52 to $10.00.
Essex County FY 2023 Residential Property Tax Rates
Residential property tax rates for each of the 34 cities and towns in Essex County
2022
How Marblehead’s 2022 Property Tax Rate is calculated
Marblehead’s FY 2022 property tax rate for both residential and commercial properties will increase from $10.42 to $10.52
How Swampscott’s FY 2022 Property Tax Rate is Calculated
Swampscott’s FY 2022 residential tax rate will drop from $13.80 to $12.83, and the commercial rate from $24.90 to $23.20.
Essex County 2022 Property Tax Rates: Town by Town guide
Residential property tax rates for each of the 34 cities and towns in Essex County
Essex County 2022 Commercial Property Tax Rates: Town by Town guide
Commercial property tax rates for each of the 334 cities and towns in Essex County
2021
Swampscott’s FY2021 Property Tax Rate Calculation
Swampscott’s residential tax rate will drop from $14.30 in Fiscal Year 2020 to $13.80 in FY 2021 (and down from a high of $18.84 in FY 2013). The FY 2021 rate will be the lowest since 2008.
Essex County FY2021 Property Tax Rates: Town by Town guide
FY2021 tax rates for all 34 cities and towns in Essex County
How Marblehead’s FY2021 Property Tax Rate is Calculated
This article explains how the tax rate is calculated
Marblehead’s FY2021 Property Tax Rate
Marblehead’s property tax rate for FY 2021 (July 1, 2020 – June 30, 2021) has been certified by the State at $10.42, compared with my estimate of $10.40. Note that the certified rate is 1 ct less than the rate approved by the Board of Selectmen. I suspect that the difference is due to the State rounding down and the town rounding up as by my calculation the actual rate was $10.423.
2020
How is Swampscott’s FY2020 Property Tax rate calculated?
Swampscott’ residential tax rate will drop from $15.20 in Fiscal Year 2019 to $14.30 in FY 2020 (and down from a high of $18.84 in FY 2013). The FY 2020 rate will be the lowest since 2008.
Commercial and industrial property is surcharged at 170%, as in FY 2019, resulting in a tax rate of $27.45, down from $28.83 in FY 2018 (and a high of $35.02 in FY 2013).
Essex County FY2020 property tax rates: a Town by Town guide
Of the 34 cities and towns in Essex County, 22 have announced decreases in their 2020 residential tax rate while 12 have had increases approved.
Essex County FY2020 Commercial property tax rates: Town by Town guide
The lowest rate for both residential and commercial rates is Rockport’s $10.10, but while the highest residential rate is Wenham’s $18.94, there are 11 towns with commercial rates over $20, with the highest being $28.42 in Salem. 20 towns set the same rate for both residential and commercial, while in 3 towns the commercial rate is more than double the residential on
How is Marblehead’s FY2020 Property Tax rate calculated?
This article, which explains how the tax rate is calculated, is a follow up to Marblehead 2020 Tax Rate drops sharply
Marblehead FY2020 Tax Rate drops sharply
This is a good news, bad news story.
The good news: the tax rate for Fiscal Year 2020 (July 1, 2019 to June 30, 2020) will drop from $10.74 to $10.39.
The bad news: taxes paid are going up. The median Single Family Home assessed value increased 7% from $630,000 to $674,000, resulting in a 3.5% increase in the median tax bill from $6,766 to $7,003.
2019
Essex County property tax rates 2019: Town by Town guide
Of the 34 cities and towns in Essex County, 24 have announced decreases in their tax rate while 10 have had increases approved. Decreases of 5% or more were seen in Andover, Lynn and Swampscott, while 5% or larger increases were recorded in Saugus and Nahant. Bear in mind that a major determinant of the change in tax rates is the movement in Assessed Values. Thus, in a time of rising home prices, a general expectation is that tax rates should be flat to down
How is Marblehead’s 2019 Property Tax Rate calculated?
This article, which explains how the tax rate is calculated, is a follow up to Marblehead 2019 tax rate drops to $10.74.
How is Swampscott’s 2019 Property Tax Rate calculated?
Swampscott has announced that its residential tax rate will drop from $16.00 in Fiscal Year 2018 to $15.20 in FY 2019 (and down from $17.45 in FY 2017).
Commercial and industrial property is surcharged at 170%, as in FY 2018, resulting in a tax rate of $27.45, down from $28.83 in FY 2018 and $32.20 in FY 2017 (when the shift was 175%).
Marblehead 2019 Property Tax rate drops to $10.74
Marblehead’s Fiscal Year 2019 (July 1, 2018-June 30, 2019) tax rate has been certified by the State at $10.74, a drop of 2.5% from $11.02 in 2018, and the lowest rate since 2012. The median tax bill will increase by 1.7%, or $121, to $6,766. As a reminder, the tax rate for FY’19 is calculated using 2017 prices. 2018 prices will be the basis for the FY 2020 tax calculation.
Essex County 2019 Commercial property tax rates: town by town guide
The lowest rate for both residential and commercial rates is Rockport’s $9.86, but while the highest residential rate is Amesbury’s $18.37, there are 11 towns with commercial rates over $20, with the highest being $29.55 in Salem. 20 towns set the same rate for both residential and commercial, while in 3 towns the commercial rate is more than double the residential one.
2018
Essex County 2018 Property Tax Rates: a Town by Town guide
Property tax rates for FY 2018 for all 34 cities and towns in Essex County have been announced. Below is a map (which you can download by clicking here), so that you can compare tax rates in neighboring towns, followed by the tax rates for each town the last four years, listed from low to high using 2018 tax rates.
The median tax rate for 2018 is $14.30, down slightly from 2017’s $14.41, while the average tax rate has dropped from $14.41 to $14.17. The highest taxed town, Amesbury, has a rate 34% higher than the County average, while the lowest, Nahant, is 29% below the average. Or put another way, the highest tax rate in Essex County is 88% higher than the lowest.
How is Swampscott’s 2018 Property Tax Rate calculated?
In my Swampscott’s tax rate goes down – and so do tax bills!! post this week I promised to write another article explaining exactly how the tax rate was calculated. This is it.
In my Swampscott’s tax rate goes down – and so do tax bills!! post this week I promised to write another article explaining exactly how the tax rate was calculated. This is it.
Swampscott’s tax rate goes down – and so do tax bills!!
Swampscott’s residential tax rate for 2018 has been set at $16.00, down from $17.45 and the average single family tax bill will actually decline by $153, with some 74% of the town’s residential parcels seeing a reduction in the total tax bill.
How is Marblehead’s 2018 Property Tax rate calculated?
(Click here to download a pdf of this report.)
In my Marblehead announces 2018 Property Tax rate post this week I promised to write another article explaining exactly how the tax rate was calculated. This is it.
Marblehead announces 2018 Property Tax Rate
(Click here to download a pdf of this report.)
The property tax rate for Fiscal Year 2018 (July 2017-June 2018) will be $11.02, just a penny higher than 2017’s $11.01.
Commercial property tax rates vary widely in Essex County
While most of us look at residential tax rates, far fewer are concerned with commercial tax rates. Yet a healthy commercial business environment can contribute significantly to the attractiveness of a town. The map shows commercial rates in each of Essex County’s 34 cities and towns, followed by a table comparing residential and commercial rates.
Marblehead’s low commercial tax rate: a great place to do business
The commercial tax rate receives less attention than the residential rate, but Marblehead has the fourth lowest tax rate. And more importantly, the commercial tax rate is much lower than that in surrounding towns.
Property tax rates 2017: Essex County town by town guide
Of the 34 cities and towns in Essex County, 22 have announced decreases in their tax rate while 12 have had increases approved.The median change was a decrease of just 0.7%.
Marblehead sets tax rate for 2017
The 2017 tax rate for Marblehead has been set at $11.01, down from $11.10 in FY2016. Before you get too excited, bear in mind that the reason the tax rate went down is that assessed values, reflecting rising prices, went up – which means that tax bills will also be going up.
Essex County property tax rates for 2016 with map
Essex County property tax rates for 2016 have been announced (except for Rockport). Here is a map (so that you can compare tax rates in neighboring towns) and the changes over the last two years, followed by my comments.
Essex County property tax rates for 2016
Of the 33 cities and towns in Essex County that have had their 2016 tax rate certified by the Department of Revenue (we are still waiting for Rockport – when that number is confirmed I will update this post), 14 have announced decreases in their tax rate while 19 have had increases approved.The median change was an increase of just 0.2%.
Marblehead’s 2016 property tax rate
The Board of Selectmen has approved a FY2016 rate of $11.10, up 2 cts from FY 2015. The average SFH tax bill will increase 4% to $7,973 based upon an average assessment of $718,342.
Will snow removal costs increase my property taxes?
What happens when snow removal costs exceed budget? Who pays? When?
Essex County 2015 property tax rates by town
Residential and commercial tax rates for each of the 34 cities and towns in Essex County for the last 4 years.
How Your Property Taxes are Calculated
A brief primer of property tax rate calculations and an estimate of the FY2016 tax rate for Marblehead.
Would you prefer an 8% property tax rate cut or no change?
It’s not the rate but the taxes you pay that matter.
Marblehead tax rate drops a penny for FY2015
A one penny decrease in the tax rate and a 4% increase in the average tax bill
Do Property Tax Rates Matter to Buyers?
The answer seems to be yes!
2014 North Shore Property Tax Rates
Town by town guide to residential and commercial rates
Marblehead’s 2014 Property Tax Rate
At $11.09 it is the third lowest in Essex County
Twenty Questions with Marblehead Assessor
All you need to know about the property tax process