×
Address

126 Newbury St, 2nd Flr,

Boston, MA 02116

Ellen + Janis Team

Get in Touch





Boston Announces 2021 Tax Rate and Residential Exemption

Boston is one of the hottest real estate markets in the country, with the value of Boston's taxable property exceeding $164 billion. If you own and occupy a property as your primary residence you may qualify for a residential tax exemption. A residential exemption reduces your tax bill by excluding a portion of the value of the property from taxation. 

In December the city set the FY 2021 residential tax rate at $10.67 per thousand in assessed value. For current homeowners, 2021 assessments, tax rates, and residential exemptions appeared on your 3rd quarter tax bill. Qualified homeowners can save up to $3,153.02 in taxes on their primary residence. The primary residence is the address from which you file your state income tax return.

If you believe that you may qualify for a residential exemption, you must file an application with the assessing department by April 1. For more information on eligibility requirements, contact the Taxpayer Referral and Assistance Center (TRAC) or, to apply, click here. 

If you have questions about homeownership, don't hesitate to reach out to us. We would be happy to help you achieve your real estate goals! To search the latest listings, click here.



  • Work With Us

    As a team of locally focused Realtors and marketing professionals we are committed to helping you achieve your real estate goals. Whether you’re in the process of buying, selling or renting, we provide exceptional service that exceeds our clients’ expectations, making the process seamless, stress-free and enjoyable.

    Contact Us