Politics & Government
How Do Waltham's Tax Rates Compare To Other Communities?
Waltham has one of the lower area tax rates.
How does Waltham’s property tax rates stack up against neighboring communities?
Well, Waltham’s rates are among the lowest residential rates when compared to other area communities, according to data from the state Department of Revenue.
The comparison comes after the residential tax rates by an average of $97.93 annually to an average total bill of $3,960.99. That’s up from the previous annual average bill of $3,854.18.
Find out what's happening in Walthamwith free, real-time updates from Patch.
Specifically, the Council increased the residential rate from the current $13.09 per thousand of value to $13.35 per thousand of value, a 26-cent increase.
The council also increased the commercial property tax rate to $31.27 per thousand of value, up from $30.43, an 84-cent increase.
Find out what's happening in Walthamwith free, real-time updates from Patch.
Some Peer Town Tax Rates
Rates are per $1,000 of valuation.
Community
Residential Rate
Residential Rate
Commercial and Industrial Rate
Commercial and Industrial Rate
2012
2011
2012
2011
Newton
11.17
10.90
21.32
20.89
Watertown
14.40
13.92
26.64
25.87
Belmont
13.35
13.24
13.35
13.24
Waltham
13.35
13.09
31.27
30.43
Wayland
19.01
19.35
19.01
19.35
Weston
12.11
11.39
12.11
11.39
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