Wellesley’s #3! Oh, on property tax increases

The Boston Globe crunches the numbers on property tax increases from 2007-2013 and finds that Wellesley, with its 36.11% hike over that period, is #3 among 20 eastern Massachusetts communities ranked (Essex and Manchester are #1 and  2, respectively).

The silver lining for Wellesley residents: property values are not just holding their own, but creeping up a bit, whereas homeowners in other communities are being hit with the double whammy of rising property taxes and falling property values.

Property taxes are increasing nearly $250 this year for owners of median single-family homes ($844K).

RELATED: Wellesley Board of Assessors

Share/Bookmark
This entry was posted in Real estate. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>